by harmerwealth | Aug 17, 2023 | Investment Income, Real Estate
The Ontario cottage country, with its serene landscapes and inviting waters, has been a coveted destination for decades. But in recent years, its real estate value and income potential have been growing at an impressive pace. At Harmer Wealth Management, we’ve...
by harmerwealth | Jun 4, 2023 | Debt, Interest Rates, Mortgages, Real Estate
Canada’s inflation rate came in at disappointing 4.41% for April, compared to 4.3% for the month of March. This minimal change has led to a resurgence of fear that the Bank of Canada will continue its increase to policy rates. Any increase to policy rates results...
by harmerwealth | Apr 28, 2023 | Debt, Interest Rates, Mortgages, Real Estate, Uncategorized
Recent economic data from Canada indicates a slower growth rate in February and an anticipated contraction in March, coupled with a deceleration in inflation. This suggests that the Canadian central bank’s plans to keep interest rates on pause are well-founded....
by harmerwealth | Apr 1, 2023 | First-Time Home Buyer, Real Estate
The Government of Canada recently introduced a new financial tool to help Canadians save for their first home: the Tax-Free First Home Savings Account (TFHSA). This innovative savings account aims to make it easier for individuals and families to achieve their dream...
by harmerwealth | Mar 3, 2023 | First-Time Home Buyer, Interest Rates, Mortgages, Real Estate
Buying a home in Ontario can be a wise long-term investment strategy for several reasons. Not only does homeownership provide a sense of security and stability, but it also has the potential to appreciate in value over time, building wealth for the homeowner. However,...
by harmerwealth | Feb 27, 2023 | Investing, Investment Income, Real Estate
Real estate investment trusts (REITs) have become an increasingly popular investment vehicle for those seeking exposure to the real estate market. These investment trusts, which own and manage income-generating properties such as commercial real estate, apartment...