Tag Archives: jim flaherty

Federal government may make changes to home buying

Posted ago by Mathieu

According to the Globe and Mail, CTV is set to report the federal government is considering raising the minimum down payment for homebuyers and reducing the amortization period due to fears in the capital consumers are taking on too much debt. …

Minister of Finance says no to mortgage interest being tax deductible but introduces great alternative

Posted ago by Mathieu

The federal budget was announced today in Canada and the minister of finance, Jim Flaherty appeared on the CBC’s The National tonight to respond to questions from Canadians. One very specific question caught my attention; an e-mailer asked if the …