by Phil Soper | Mar 6, 2020 | Letters to the Editor
On March 4, Bank of Canada joined other central banks in cutting its target interest rate, an appropriate step that it believes will mitigate the damage caused by the coronavirus. This new health scare has impacted families in many countries around the world and in...
by Bob Aaron | Sep 9, 2019 | Letters to the Editor
In the September issue of REM, Bill Johnston wrote that until April 1974, Ontario didn’t have a land transfer tax. The fact is that Ontario’s first Land Transfer Tax was introduced in 1921 and received Royal Assent on May 3 in that year. The rate was one-fifth of one...
by REM Editorial Team | Aug 29, 2019 | Letters to the Editor
RE: iPro Realty acquires three locations from Toronto-based Kingsway Real Estate iPro did not purchase Kingsway Real Estate Brokerage at all. Not even one share of the corporation. Kingsway brokerage is fully operating. In December 2018, I transferred over 600...
by REM Editorial Team | May 27, 2019 | Featured, Letters to the Editor
Re: Is it time for CREA to hire a lobbyist? The myths presented in the letter are erroneous. We don’t host cocktail parties. We have made over a dozen submissions on FINTRAC. We advocate regularly on the stress test. When it comes to lobbying expertise, CREA is ranked...
by REM Editorial Team | May 23, 2019 | Featured, Letters to the Editor
Some of you may have read my letter to the editor, regarding the stress (me out) test and CREA’s advocacy efforts to change it. It received some commentary from across the country, including some directly to my email. The opinions of the commenters ran roughly like...
by REM Editorial Team | Mar 26, 2019 | Letters to the Editor
I was just reading Christopher Alexander’s article on stress testing potential home buyers out of the market and it is putting stress on sellers also. He is right. The government has to find ways to give incentives to help first-time buyers. If this country would...
