Canada Revenue Agency
Investment

Tax changes to affect asset sales

An article in the May 21st Globe and Mail drew attention to a tax change taking effect January 1st, 2017 which will affect sellers of small businesses. There are two ways to buy (or sell) a business: […]

Replacing oil heat
Older Properties

Don’t rule out oil heat

Although not frequently encountered in newer homes, a significant percentage of the older homes in Prince Edward County are heated with oil. Oil heat ofter raises concerns for buyers who may have heard -accurately- that […]

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Rules & Regulations

Avoid a nasty HST surprise

A recent article in the Globe and Mail describes how some buyers in the Vancouver market may have an unexpected liability for HST. Most sales of primary residences are exempt from HST…but not all of […]