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Justin Trudeau Holiday Tax and it's Implications 2 недели назад


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Justin Trudeau Holiday Tax and it's Implications

Join us for an in-depth conversation with mortgage expert Dion Beg as we break down the recent GST holiday announcement and its potential impact on the economy. Will this affect interest rates? Are we likely to see rates drop anytime soon? Dion shares his expert perspective on taxes, politics, and how these changes could influence your financial decisions. If you’re navigating the world of mortgages, property investments, or simply want to stay informed on critical economic updates, this video is a must-watch!. 📈 Timestamps: 2:05 - Bond yield trends & fixed mortgage rates 5:30 - Upcoming Bank of Canada meeting & rate forecast 9:15 - Renewal strategies: Why you should shop around 13:45 - Lender competition: Cashback offers & incentives 14:55 - Grand refinance on first property: increasing mortgage from $300k to $600k 15:03 - Loan-to-value and accessing $300k for the down payment on a $1.1 million property 15:28 - Proving ability to carry new debt and neutralizing the first property with rental income 16:02 - Couple's excitement about keeping the first property and saving on transactional costs 16:22 - Advice from financial mentor: holding assets for long-term wealth creation 17:01 - Wealthiest investors are those who hold assets without frequent transactions 18:01 - Importance of holding property without selling for long-term wealth 19:00 - Investment strategy: buying properties on "yesterday's prices" 19:19 - Scenario of increasing property exposure to the GTA market 20:00 - Tax benefits of holding a property and considerations on capital gains tax 20:56 - Contact information: kangammortgage.ca or Dion Beg on Instagram (@DionBeg) Key topics include: • How rate cuts by The Fed are impacting Canadian lenders • Competitive strategies among mortgage lenders • What buyers and investors should expect in the coming months Join us for this informative discussion and get the latest expert advice on mortgages and the real estate market in Canada. Don't forget to subscribe for more updates on real estate and financial news! 📲 Follow, Like & Share! 👍❤️🔄 📸 Instagram: @thedionbeg 📘 Facebook: @DionBegMortgageAgent 🌐 www.kangamortgage.ca Gary's YouTube Channel: @GaryMcGowan First aired Nov 22, 2024

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