Real Estate Investment Canada - Canada Housing Market Knowledge Base

Canada Housing Market Knowledge Base

How does Canada support a housing market priced at around $400,000 median with an average wage of $50,000? This sames a lot worse than the US housing bubble. Specifically in the US most people economic type people view that local housing markets should reflect approximately 3x median income. Canada is around 8x the median income. This means that the average person can probably not afford the average house.

How's the housing market in Canada? As in buying and selling. Is it booming or crashing and burning like the US?

why cost of living and housing market is so expensive in Canada? because are stupid government want collect more tax from us and they are increase the price of the land and housing in Canada to collect more TAX, is nothing do with numbers of immigrant because all wayes people are looking to buy home and get married...I never saw more stupid government bad system, no justice, no respect to human right in my life as Iranian journalist in any others place as I I saw in Canada, and stupid Canadian government are complaining about human right over the china

will Canada's housing market going to drop till 2010?

Would YOU buy a house right NOW ? (we have a really HEALTHY housing market here in Canada ! )? I 'WAS' thinking about placing a 5% down payment on a $480,000 house (that's a Cheap price here in Toronto). But I have heard so much bad news coming out of the states that I'm getting a bit shy about it. A realtor told me that a house purchase is the best investment because homes NEVER lose their value ! And he said that if I buy now, in 30 years I will own my own house, but if I continue to rent my apartment, I will still be paying rent 30 years from now. He does have a point there ! If everyone just closes their eyes and ears and pays for the next 30 years, they will be free and clear and own their homes and be MUCH better off than renters. Or is this wrong ?? Please tell me your thoughts, why should I continue to rent ($900 / month apartment), or shoud a just jump in , hope for the best, and buy my first house !!! ???

Is there something wrong with the housing market?? What's up with the housing market in BC Canada? Why is it that a single parent can't find an affordable 2 bedroom apartment? I work full time, I take home about $1600.00 per month but apartments in the city I live in start at $1100.00 per month. How the hell am I supposed to feed my son and myself on $500.00? Not to mention utilities, clothes, insurance, and all the other necessities. This is bullcrap. All these property developers and income-property owners are forcing people into the streets with their exhorbitant rental rates!!!! Who the hell pays $1100.00 a month for rent when a mortgage costs less??

What do you think, will the housing crash spread to Canada too? Should I begin building, or wait? Well, so far so good. The U.S. housing market is getting hammered but Canada’s housing boom is still going strong. That’s good for me because I want to begin buying old homes and building mini-townhouse units on them (for a BIG profit, of course). But I have read so much negative news, even from Canadian journalists talking about how its only a matter of time before our booming job market will soon start to see shrinkage, and then our housing market will also tank. So far it looks likes this impossible, Canada is just too strong, but I want to ask other’s opinions first: 1 ) If you were me, would you go out and borrow a few million to sink into a housing project right now, in the hope that I could make a windfall profit in 3 to 4 year’s time from now? 2) Do you think that Canada is immune, and that our housing market is somehow better, and that we will weather this storm pretty good? 3) Where should I borrow the 1-2 million from? A regular bank, or private investors? Or where? ( I only have about $20,000 saved up, so I'm going to have to find some place for 100% financing: My friends tell me that money is easy to find and for the past few years all types of people have been borrowing with no money down, and I should too! )

How do we get people to purchase new homes again? In Canada, the housing market has slowed down significantly since September 2007 and the number of new home sales have dropped to depressing lows. What are some of the factors that stop people from purchasing a new home and what would be some reasonable incentives Builders could offer for people to start purchasing new homes?

If Canadian Citizen, can I buy a home in the United States? Real Estate. I am Sick & tired of the housing market in Canada. I see so many nice homes south of the border in the United States. Am I legally allowed to buy a home in the US as a Canadian Citizen? Thank you.

Ok, so the housing market is STILL great, Where should I begin building homes to the Masses ? In my past post I asked everyone if I should buy a home, if the market was falling. I got mostly the idea that the market has never been better and that now is a GREAT time to buy a house, with prices only going to go up and up. So if its a great time to buy, then perhaps it would be BETTER TO START BUILDING HOMES instead of buying them? I figured that yes, I've always wanted to become a real estate tycoon, so now is as good a chance as ever to become REALLY RICH buy building homes. After all, we have millions of people flooding into Canada each year, and they all need some place to live, so I might as well build a place for them to stay. So my question to you is this: Where in Canada should I build? Or perhaps is the States a better and more Booming place to invest my time and money in? I love California and Hawaii and I'd love to retire there a millionaire soon, so maybe I should start up shop down there? Where should I begin building for the fastest growth potential ?? Thanks and GOD BLESS !!

Canada tax encourage housing investment and discourage business investment. What are the long term effects? Especially the effects in labour market

Is it a good idea to buy a property in Canada these days? To my limited knowledge, Canadian housing market has been a "safe bet" for at least a decade. With the U.S. housing market on a downturn, would you buy a residential property for your personal use in early 2008?

Does anyone think the real estate market in manitoba, Canada will cool down and why is it so hot now? I am looking to buy a house in Winnipeg and I have now been out bid 4 times. I still don't understand why the listing price on a house is $120,000 and by the time we are done we are looking at $150,00 - $160,000. If you have any tips please help

Except for the weather, which place is better to live in and why: Canada or the United States? Which has a more reasonable cost of living, better health care system, reasonable housing market, more decent paying careers, is more peaceful?

Question for supply-sider Canadians: didn't Canada's fast recovery from the recession prove you wrong? I know the circumstances are not ceteris paribus and that in some ways you'd expect the US's recovery to be slower since the recession originated in the American housing market, but that doesn't change the fact that Keynsian measures in Canada not only boosted its recovery but provided solid social support for those who suffered from unemployment. Obviously, if you're in the income bracket where tax cuts are a major burden on your salary, you might not have benefited from transfer payments, but Canada's recovery is something everybody will benefit from.

Can you sell a house for less than fair market value in Canada? Sell it for $1 if you wanted to? The reason I ask is my in-laws own the house we live in (free and clear). They said they would sell it to us for a decent price. But lately the housing prices around here have skyrocketed and they are now saying they can't sell it to us for the price they gave us before because they can't sell it below the fair market value. Then they said they'd sell it to us for $1 if they could.... hence me asking as it seems to me you could sell a house you owned for whatever price you wanted to.

Want to take a house off the market that is listed with a brokerage in Ontario Canada. What is process? Want to take a house off the market that is listed with a brokerage in Ontario Canada. What is process? It was a 90 day listing agreement. I reviewed the document which is supplied by the Ontario Real Estate Association to the brokerages. There was no mention one way or the other with respect to taking it off the market. If I don't want to sell anymore I don't see how the contract could be binding. At the end of the day I still own the property, and live there. I just wanted to see if anyone has done it before and what was involved.

Is Canada having the same housing crisis as the US is? Just wondering about the foreclosure rate and the declining market trends.

How long wil real estate remain a "SELLER'S MARKET"? Prices keep going up 5% to 8% each year ! Shoule I buy a house now or is there a risk that Canada's market will follow America's ?? I'm living in Southern Ontario, Canada, and I heard on the financial market that we will not be suffering the fate of the Americans because our housing market is different in nature. The Canadian Real Estate Association just stated that because of strong job creating and a healthy immigration level, Canadians can continue to enjoy price gains of between 7% and 10% for many more decades to come! If a $300,000 home appreciates at 10% per year for 20 years, it will be a massive $2 million dollar mansion !! I have $60,000 that I could use as a 20% deposit but I'm paying only $1,000 per month to rent a 3 bedroom house and the proprty taxes alone on the house I'm looking at is over $4,000 per year. I don't want to invest all my savings just to find the next year that my house is worth less. Will Canada's market continue to climb, is it immune to America's troubles ??

When a couple owns a house together, how could one buy the other out at under market value? Two people (Canada) together for about 2 years own a house for 14 months together. Both would like to sell, but one would like to buy the other out. Due to increase in property value in the past 14 months this may not be feasible, although at buy-in price it would have been. Does anyone know or have any creative ideas on how to buy the other half of the house for lower than market value?

How are dropping oil prices affecting real estate in Alberta, Canada? I live in a community in Alberta, Canada, whose economy is heavily reliant on oil and gas. (Luckily, I don't work in that sector!) I have been hearing rumours about dropping oil/gas prices seriously affecting real estate prices in Alberta in the near future. I bought my house when the market was on an upswing (yeah, I know -- not the best plan!), and I'd really like to know a couple of things: -- Are oil and gas prices really going to drop that much, or are these rumours I've been hearing groundless? -- Are real estate prices dropping in Northern Alberta that much due to the drop in oil and gas? Is it a dramatic drop? If you can help me with my question, I'd really appreciate it. Please provide as much detail as you can. Thanks, everybody!

We are planning to relocate to Canada. Is this the good time to move there? We are a couple settled in Hong Kong. University graduates from an unpopular Asian university. We have worked few years in Hong Kong and China and have experience in Marketing and Sales and we are good in English (spoken and written). With these qualifications, what kind of pay scale should we expect? What are the living costs in Canada (like house/room rent, food and travelling expenses) ?

how is canada's economy?? Like right here in the u.s the housing market is all bad and prices for everything is going up while the economy is weakening and going down which will probably lead to more inflation, is it the same in canada? do they have a housing crisis up there?? are prices of gas changing up there too ?? thanks ! merci pour le answer!!

We are thinking of moving from US. Which is best, UK, Canada, or France and why? My fiancee and I are both 33 and have lived in the US our entire lives (Ohio to be exact). We are tired of the governmental brainwashing and would like a frest start somewhere else in the world. Is there a better life out there? We are seriously ready to go, but we are concerned about, the job market, affordable housing, the weather and to a lesser extent food and television. If anyone has any advice it would be greatly appreciated. Thank you.

Is it a good time right now to buy a house in Canada,Toronto area? I was wondering if it is good time right now to buy a house in Toronto area? Mortgage goes down...Real Estate market stopped...Prices goes down... What will be next? For how long the prices will go down? Should I buy house now or should I wait?

How can I find house owners' names and address for marketing purpose in Ontario, Canada? I would like send homeowners marketing material to advertise my business. I am in the mortgage Insurance business. I am currently reside in Toronto-Hamilton area.

will the market go down by this summer? In Alberta Canada? Me and my boyfriend are looking at houses for next year (when I am finished school), we are looking in Edmonton Alberta, and right now the market is so high...we're looking for a 3 bed, 2 bath newer house...what do you think? Any advice?

What does a house cost in Canada ? Here in the US in my area, if you live in a major city a 4 room house can go for 200-500K USD depending on location and land. If you go out to the middle of no where, maybe you can get the same house for 80-150K USD. So I would like to hear from my brothers in the great north, how much does a house near a major city and one in the distant suburbs cost ? Please name and describe the area that comes with the price quote and make sure you let me if your talking in American or Canadian money :-D I would also accept any Canadian relastste websites. Any info that you guys can provide on the current housing market and loan info would be great too. Thank you all ahead of time.

The Hot 2009 Vancouver Real Estate Market Will Collapse within 1-2 years? Anybody else think the same way? I read an article that said that Vancouver's Real Estate Market Heating Up & is the Hottests Market in Canada right now. & I'm convinced right now that it will happen, 1-2 years from now October 2009 in 2010 or in 2011, most likely somewhere around in 2010 when the VANCOUVER 2010 WINTER OLYMPICS are Over, & The BANK OF CANADA FINALLY RAISES THE INTEREST RATES which even the Bank of Canada itself has said that it will, that's going to be when the VANCOUVER REAL ESTATE MARKET COLLAPSE WILL BEGIN. Remember what happened to the Heated California Real Estate Market when Housing Prices reached unsustainable prices? The California Real Estate Market Collapsed. But for now in October 2009 people around Metro-Vancouver are Buying Houses like crazy, thinking that this Real Estate Bubble will Last for a very long time, but I know that this Vancouver Real Estate Market Appreciation it won't last long, & that the same thing that has happened to the California Real Estate Market today in 2009 The Same Real Estate Market Collapse will happen to the Metro-Vancouver Real Estate Market too, it won't happen right now today in October 2009 but it will happen within 1-2 years from now.

the lifestyle in Canada,PA, and TX? I want to move from New Jersey/New York(my hometowns) to either Canada or Pennsylvania or Texas. How is the housing, job market and transporatation there? If this is your hometown or second home, please let me know....with much detail. i have a degree in English/pych/music (background, i.e.job (teaching, etc) ...

I'm from the U.S and I am considering moving to Canada after schooling. Whats the government like/about there? I currently live in Detroit, Michigan and my significant other and myself are deeply considering Canada as a place to move and settle down for a career and family. I know absolutely nothing about Canada but the U.S is going through so many issues raising a family here just doesn't seem logical. Could someone fill me in on things there. What are the taxes? How is the Economy? How is the freedom? Whats the job market like? What are the prices on housing? I would really appreciate it. Thank you.

What companies offer services for selling houses quick other than real estate agents? Moving out of the country and need to sell our house very quickly next month or so, hubby has a new job in canada. Market is slow but who will buy our house at a fair price?

Can my Corporation buy a home for me to live in? If I am the director of a corporation, that is really only owned by me, and my company is doing well (just like the housing market in my area) - can the corporation purchase a house for me to live in? The reason is that the corporation makes more money than I do, and I'd rather use that money to purchase a home and leave my disposable income to do other things with. I'm asking specifically of doing this in Canada. I think that the idea is that let's say my Corporation could possibly have $200K sitting in the bank in a couple years, that it has already paid taxes on, it would be great to use that as a downpayment or outright purchase rather than it paying me the money, me paying $100K in taxes on that, and then me buying a house with only half (or whatever the fraction is exactly) the original amount of money.

is it better to rent or buy when it comes to shelter? the housing market in montreal,canada has risen approx 110% in the past 7 yrs whereas renting has risen approx 30%. my friend believes that it is still better to purchase and i believe that due to the housing market having reached it's peak that it would be better to rent, save the extra amount and buy in 4 to 5 yrs putiing down the money saved from renting as a down payment. what do you people think

WOW , America LOST 70,000 jobs, but Canada has GAINED 43,000 jobs: WHAT GIVES ?? WHY THE DIFFERENCE?? Hi eveybody ! I read that Canada's economy is EXPLODING, with record low unemployment, houses expected to rise in value between 15% and 25% this year, and a boost in jobs of 43,000. Then I turn around and I see that America has lost about 70,000 jobs, their housing market is crashing by 15% to 20%, and people are talking about a recession. Its like we live on 2 DIFFERENT PLANETS !!! What's the reason for such an extreme difference ?? And while I'm asking; Will Canada soon start to sink and follow America's trend or do you think that Canada will act as a beacon in the dark and help to pull up America's economy ??

can you do house flipping in Canada? I heard that If you do not reside in the property or if you buy it and sell it within 2 years you must pay capital gains tax. This is to stop people from flipping houses. as a business. Is it true? what province in canada are better to real estate stuff? don't take recession factor please!I know now is bad market but I want to know about flipping houses in canada

is hamilton ontario a nice place to live? My wife and i are considering a move as we are surrounded by old retired millionaire types who have driven housing prices well out of reach for a young married boat builder and his wife. we would like to stay in canada and are attracted by the lower priced housing market.

Why does everyone think that Canada will follow America into a RECESSION ?? Everything's booming here; no way? I keep hearing the opinions from others that our real estate prices will crash, our car sales will crash, and that we will face unemployment. Well so far (as of Nov 2008), we have lots of jobs and cannot find enough good people to hire, our housing market is BOOMING with houses on the market for only a few days and multiple bidding wars still going on, and our industrial warehousing space construction just cannot keep up with demand. For proof of this, check out this article that explains the building boom here in Canada: http://www.reportonbusiness.com/servlet/story/RTGAM.20081103.wpropertyreport1104/BNStory/Business/home My view is that our Canadian economy is RED HOT and that homes should continue to appreciate by 30% to 50% per year for another 20 years, so why is everyone forecasting such doom?? It really is getting to be kind of depressing !

Are things any better in Canada than the U. S. ? I am serious does anyone know if things such as the economy, housing market(meaning number of foreclosures being less than here), etc is any better in Canada? I know their money is worth more b/c where I live that is a big deal being the western part of NY state and all, but I haven't heard about other aspects of their economy. I am just curious b/c I am so fet up with this crappy mess we're in and honestly until we get a new President and even then it still may not getting any better. I know a diff. pres doesn't insure things will get better and I have been considering moving there AFTER being done with college, but the way things are going I may do it sooner.

I want to move to Canada after graduating College, what will I need to do? I'm currently an American citizen in CA and I'll be studying film in college. I really have always been captivated with Canada and I want to move there after graduating college. A couple questions I have. 1. Whats the process for immigrating there? By being a citizen there will I lose my American citizenship? 2. Whats the housing market like in the city? I'd prefer not to live in the suburbs? 3. Does Vancouver have an active film industry? If not film, then broadcast journalism? Thanks in advance

Living in the USA or Canada? xXx? Are the housing market more or less expensive than in the United Kingdom? What is the cheapest and best area of either country to live? And what is the average pay for a police officer of over 10 years? Thanks xXx

Calgary - Current job market situation and best neighborhood to live in? I am currently applying to emmigrate to Canada from the UK. Can anyone give me a first hand account of the current job market situation in Calgary. I currently work in IT in the mining and construction sector and fully qualified with degree and other recognised IT qualifications. Also, which are the best neighborhoods in Calgary to buy a house in? And which should be avoided at all costs? What is the average house price?

looking for bleeder valve housing for 2000 chrysler concorde Li? looking for after market part for this item seems that it is a hard thing to get.. my car was built in canada. all the responses that i have received were from canada VERY EXPENSIVE TO SHIP.. why cant i find one from the united states do they not make them anymore?

True or false.? True or false. 1)Trouble with the US economy began when the housing market crashed. 2)Canada’s economy is just as badly off as the US economy. 3)There are very few houses right now in most parts of the US. 4)High oil prices are helping to solve the problems in the US economy.

Looking to relocate somewhere in Canada? We want to buy our first house but not looking to spend a fortune. Where in Canada can we move where its cheap to buy..and the job market is fairly good? Hoping to stay in Ontario. Thanks

My S.O. and I are considering moving to Canada.The Winnipeg area perhaps.Cost of Living Comparison? How are housing prices? and Job Market? We are a Same Sex couple considering the move so we can get married legally,As im afraid we won't see that happening here in the U.S for many years (especially in Missouri)

Should I move my money from my savings account? I am a 22-year-old student beginning my PhD next year. I have recently acquired ~$18,000 that I do not need at the moment. It is sitting in my savings account right now earning 4.25% interest. I am not planning on marrying or buying a house for at least another 5 years, but I would like the money to be somewhat available just in case things change. I am more concerned with ensuring that I don't lose money than with it growing significantly. Should I keep it in the savings account or look into mutual funds, stock market, etc? Canada Savings Bonds currently have a lower interest rate than my savings account, so that doesn't make sense to me. Thanks for your input.

Can I renew my mortgage one year before? Probably, I have to leave canada for a while but I want to keep my house in GTA. My mortage will be matured one year later. Can I renew it right now? Also, I plan to put my house in lease market when I away. Any suggest? Does it sounds work? Thanks.

Do you think now is the best time to change houses? I owned a 17 years old, 2 level with basement house in North Burnaby (willingdon Height) in BC, Canada. And I've been thinking about changing houses....I wonder if now is the time to sell my old one and to buy a brand new or 1-2 year-old house, since the market is still hot now..can anyone give me a good suggestion?

Building a house in todays Market.? I live in Canada and plan on building a home next year. Is it a bad time to build a new home in todays uncertain market?

Where can I buy Canada #2 amber maple syrup in Toronto? I've already tried many super markets and health stores such as GNC and Nutrition House. I can only find Canada #1 syrups but not the #2 kind.

How affordable is living in Barrie, Canada? We, as a family, would like to move to Canada by Sept 2009. My husband is finishing his Master degree on Marketing and we have 3 children. I've been looking around, trying to find the best place according to our needs. I have to start saying that we love snow, but we also need some sunshine during the year. We would like to live close enough to a big city in order to have everything a big city can have, but definitely we could never live IN a big city....I was checking out some cities around Toronto and BARRIE catched up my atention. I saw some others like Brampton, Mississauga, Burlington, Oshowa, but maybe they're too close to Toronto so they're still a little bit expensive.... Could anyone give me some advise on Barrie??? Real State, schools, grocery stores....weather... I read they have a new bus station where you can ride to Toronto .....please any help will be appreciated...Is Barrie a safe place for kids (our boys are 11, 6 and 3 years old). Can you buy a house instead of renting as soon as you get there??? How are job opportunities in surrounding areas???? One last question,how much will make an average income for a family of 5????? We're not looking for luxury, just a safe place for our kids to grow up. THANK YOU!!!!!!! I received info about inmigration....that's not what I'm looking for. My children and I are Canadian. I need information about Barrie please :)

Husband done a runner to Canada, left me to deal with everything!? My hubby has done a runner to canada recently because he owes a huge amount of money in the UK and is not declaring himself bankrupt. He has dual nationaility so he has gone to live with is parents & get a job through his dad. I left him and moved out in Dec 07 as that is when he stole £3k off me. We havent been married a year so I cannot get a divorce yet. Our house is on the market to sell. We also have a £20k loan secured against the house, which he spent the majority of, this was supposed to be used for our wedding. I have been paying the mortgage & bills on my own since July 2007 when he started to get into debt, so he has not contributed anything. Yet he says he still wants the £20k deposit that he put into the house but I dont think this is fair considering what he has done to me & not contributed anything since we got married. If the house sells can I get more than 50%? Also what else can I do as he is obviously avoiding people that he owes money to in the UK i.e Inland Rev

Will the stockmarket continue upward for the next year? Will the USA housing bubble burst and will the Fed continue past 5% possibly triggering a bear market? If so, will this pull Canada down with it?

Can someone please help me find a site with a graph or some statistics....? to show the decline in Ontario's housing market (to show that the value of a house has drastically declined from where it was 8 months ago). I'm trying to show that a house today is not worth what it was 8 months ago...but I need a fact based site that focuses on Ontario, Canada. Thanking you in advance :)))

In which canadian province a family can start a fresh new life? Help me short list the 3 best cities in canada where me and my family can start a fresh new life. Criteria to consider -Clean, affordable housing- good quality of life-good schools and Universities - good job market. Others important details that are good to know can be mentioned. Thanks

Is there a difference in speed of buying and selling transactions from the different online Brokerage houses? It's like sometimes you think you have stock or option you wan't because it has hit the target price but your brokerage house doesn't complete the transaction even if you are watching the market live! What would be a good online discount brokerage company to deal with if you live in Canada? Thank You

Marijuana essay please help? For the record, I DO NOT agree with the views expressed in this essay it is simply a dumb school assignment which made NO SENSE because it could only be 3 paragraphs yet we had t have 5 different ideas. Ugh. Canada should legalize marijuana. Legal marijuana would have many positive effects on the country as a whole. If it’s possible to help many people, why aren’t we doing it? Indeed, Canada would have much to gain from legalizing marijuana. There are many beneficial factors in legalizing marijuana. If marijuana were to be legalized, the government could have much more control over the quality and production of it. Likewise, it would be less likely to be laced with other drugs, which currently acts as a risk to subsequent addiction to such laced drug. Also, many drug dealers would be put out of business, and the police would have less dangerous drug busts. Again, it would be less accessible to children for there wouldn’t be any “random guys on my street with ‘weed’” that are probably quite dangerous. Legalizing cannabis would decrease the amount of people in prisons drastically and this would save Canada a huge amount of tax payer money. As a result, the police could direct their focus on more serious cases and they would have more money to get better forensics equipment without it all being spent on costly trials. Additionally in numerous countries, including Canada, marijuana is already used for medical purposes. Annually, cancer costs at least a billion dollars; much of this includes costs for loss of productivity. Moreover, there are currently some patients who need marijuana and aren’t able to access it. If some of these patients who suffer needlessly could get the help they needed to get better, better care and more money could be given towards helping others with more serious illnesses, and also for developing a cure for cancer. Finally, to make marijuana legal would give our ongoing weak economy a boost and help many of the currently unemployed citizens. People could get jobs in the industry and support their families, thus homeless shelters would be a little less crowded. For this reason they would buy homes, the housing market would go up, and Canada would yet again become prosperous. Furthermore, the government would also benefit because they would receive mountains of tax and farm revenues. Thus, to help our country in times of trouble, legalizing marijuana could be very helpful. It would be a good move to make marijuana legal in Canada for police, economy, medical and quality reasons. The arguments for legalizing marijuana are far greater than those against it. Its illegality should therefore be reconsidered in Canadian parliament. I was asking about corrections :|

PLEASE HELP ME CONDENSE THIS ESSAY? Canada should legalize marijuana. Legal marijuana would have many positive effects on the country as a whole. If it’s possible to help many people, why aren’t we doing it? Indeed, Canada would have much to gain from legalizing marijuana. There are many beneficial factors in legalizing marijuana. If marijuana were to be legalized, the government could have much more control over the quality and production of it. It would be less likely to be laced with other drugs, which currently acts as a risk to subsequent addiction to the laced drug. Also, many drug dealers would be put out of business, and the police would have less dangerous drug busts. It would be less accessible to children for there wouldn’t be any “random guys on my street with weed” that are probably quite dangerous. For our safety, cannabis should be made legal. Legalizing marijuana would also have many benefits within the justice system. It being legal would decrease the amount of people in prisons drastically and this would save America approximately $1 billion dollars of tax payer money. The police could direct their focus on more serious cases and they would have more money to get better forensics equipment without it all being spent on costly trials. Thus, legal marijuana would make our police force more efficient and we'd be safer. Numerous countries, including our own, marijuana is already used for medical purposes. Annually, marijuana costs $107 billion; much of this includes costs for loss of productivity. Currently some patients who need marijuana aren’t able to access it. If we could help some of these patients who suffer needlessly, we could give better care and more money towards helping others with more serious illnesses, and also for developing a cure for cancer. Marijuana has many beneficial medical factors. To make marijuana legal would give our ongoing weak economy a boost and help many of the currently unemployed citizens. People could get jobs in the industry and support their families, thus homeless shelters would be a little less crowded. They would buy homes, so the housing market would go up and Canada would yet again become prosperous. The government would also benefit because they would receive mountains of tax and farm revenues. To help our economy in times of trouble, legalizing marijuana could be very helpful. It would be a good move to make marijuana legal in Canada for police, economy, medical and quality reasons. The arguments for legalizing marijuana are far greater than those against it. Its illegality should therefore be reconsidered in Canadian parliament. IT CAN ONLY BE 3 PARAGRAPHS LONG :'( YES ITS ABOUT LEGALIZING MARIJUANA, but it was only supposed to be 3 paragraphs andI didn't know that :(

Is Canada going to get Housing Market Crash like U.S.?

Stupid marijuana essay? PLEASE HELP ME!!!!? I had to write an essay, but I was sick the whole week we did essay writing, so I'd never done it before! Anyways, this is all I could come up with when I followed the guideline I was given. PLEAASSE HELP ME!!! I know it's terrible,what do I fix? p.s. I don't actually agree with anything I said, I don't think marijuana is good. " Canada should legalize marijuana. Legal marijuana would have many positive effects on the country as a whole. INTEREST FACTOR. Indeed, Canada would have much to gain from legalizing marijuana. There are many beneficial factors in legalizing marijuana. If marijuana were to be legalized, the government could have much more control over the quality and production of it. It would be less likely to be laced with other drugs, which currently acts as a risk to subsequent addiction to the laced drug. Also, many drug dealers would be put out of business, and the police would have less dangerous drug busts. It would be less accessible to children for there wouldn’t be any “random guys on my street with weed” that are probably quite dangerous. For our safety, cannabis should be made legal. Legalizing marijuana would also have many benefits within the justice system. It being legal would decrease the amount of people in prisons drastically and that would save lots ($1 billion in America) of tax payer money. The police could direct their focus on more serious cases and they would have more money to get better forensics equipment without it all being spent on costly trials. Thus, legal marijuana would make our police force more efficient and we'd be safer. In many, many countries, including our own, marijuana is already used for medical purposes. Annually, marijuana costs $107 billion. Much of this includes costs for loss of productivity. If we could help some of these patients who suffer needlessly, we could give better care and more money towards helping others with more serious illnesses, and also for developing a cure for cancer. Marijuana has many beneficial medical factors. To make marijuana legal would give our ongoing weak economy a boost and help many of the currently unemployed citizens. People could get jobs in the industry and support their families, thus homeless shelters would be a little less crowded. They would buy homes, so the housing market would go up and Canada would yet again become prosperous. It would be good for the government too because they would receive mountains of tax and farm revenues. To help our economy in times of trouble, legalizing marijuana could be very helpful. It would be a good move to make marijuana legal in Canada for police, economy, medical and quality reasons. The reasons for legalizing marijuana are far greater than those against it. Its illegality should therefore be reconsidered in Canadian parliament. "

Employment in Canada? Sir, I m simple graduate in arts, working as Area Supervisor in reputed Flour Mill manufacturing aata, maida, Simolina, Rava. My Job profile there is wheat purchasing from grain markets, Ware Housing Management, Procurement of Wheat Stock & Liquidation... Sir Can you guide me how can i get sponsership in same field to work in Canada.. Please guide me to get work permit for Canada

What can we do legally to get this house? We just put an offer in on a home that we fell in love with after looking for one for about six months now. The owners accepted our offer right away. They have moved to Canada and had their daughter living there for a while with her kid(s). They had offered the house to their daughter to buy but she thought that they should just give it to her and refused to buy it so the owners put it on the market with a realtor. So that is the story up until our offer. Now we just found out that the daughter is mad that her parents are selling and she told them she would disown them and never talk to them again if they sold it to us. The parents have decided to sell to her at half the price we were offering now because of her threats. I am so mad!!! What can we do legally to get this house because we really want it and were sort of already planning our move, plus they accepted our offer while it was on the market! I live in Grand Rapids Michigan if that helps anyone find out the laws for me. Thanks! The daughter never wanted to buy the house, she just wanted to live there on her parents dime and trash the place. She was offered the home and refused. We do not want to step on anyone's toes but this is ridiculous. My husband did sign something and they have our earnest deposit too. We did use a realtor, in fact he is the listing agent on the house so he is upset too.

How do I find market value of House? How do I find market value of a specific house in my neighbourhood in Toronto, Canada? Please only serious answers

2 houses to deal with , which one to keep? I have a paid house worth 280k canadian (which I am currently renting) and I house where I live right now worth 360k canadian, I still owe 350k on the 2nd house. Given the economic house market in Canada, should I sell the first and pay the second to reduce my monthly payments? or should I keep both houses? will this be more profitable in the long-run?

work abroad, on a working holiday, with or without partner? renting house out? please give me your opinions? I want to go on a working holiday for up to a year (more likely 6 months) I will go to Canada on my own, or if my partner wants to be included, we will go to New Zealand. He is unsure whether he can come. He is worried about what work he will do when he is there, and is worried having a job to come back to, (he has a good job at the moment) and he has some debts. He wants to buy a house (to rent out while we are away, and that so he has somewhere to live when we return). We are currently staying with his parents which can't continue much longer. I am fed up and want to move out and have my independence back. If we buy a house, I think it would make things much more complicated as we will have to sort it out and then sort out letting. And we might not make any money especially with the housing market as it is. And it will make moving abroad harder. And do you think going on a work holiday will hinder his career?? He is 34 so we need to do it soon. What do you think? we are in the UK

The FED bought What ?? The Fed Bought What? By John Paul Koning Posted on 8/13/2007 | Subscribe or Tell Others | The US Federal Reserve injected $38 billion dollars into the economy via temporary open market operations this Friday. This is the largest number of temporary repurchase agreements (specifically, one business day repos) entered into by the Fed since September 11, 2001. Back in 2001, Fed purchases of treasuries exceeded $30 billion for the four consecutive days after the collapse of the World Trade Towers, total temporary injections into the banking system amounting to a whopping $295 billion. What is significant about Friday's repurchase agreements is not so much their size, but the securities that the Fed exchanged for money: mortgage-backed securities (MBS). Indeed, the entire $38 billion dollar injection went to MBS purchases, the largest open market purchase of this asset type ever conducted by the Fed, smashing the previous record of $8.6 billion set back in September of 2005. See chart, above.[1] The type of mortgage-backed securities the Fed bought are created when bundles of individual mortgages originated by commercial banks are guaranteed by quasi-governmental agencies such as the Federal Home Loan Mortgage Corporation (Freddie Mac) and Federal National Mortgage Association (Fannie Mae), then split apart and sold to investors. Homeowners pay interest on these mortgages, interest payments flowing through to the final holders of MBS. For those who have gone through the Economics 101 treatment of the Fed, the sudden appearance of MBS in Fed open market operations might seem odd. Professors have always taught that when the Fed expanded the money supply it did so by buying government bonds and bills. Indeed back in September 2001, the Fed provided liquidity by buying what it has always traditionally bought; treasury securities. So why is the Fed buying MBS now, and when did it acquire the authority to do so? First a note on how open market purchases work. The Fed uses what are called open market operations to control the Federal Funds rate, the rate at which large commercial banks lend cash to each other overnight to fulfill their reserve requirements to the Fed. The Fed sets a target for the federal funds rate and defends it by either withdrawing or injecting money according to the requirements of commercial banks. It injects by buying securities from the banks with freshly created checking deposits, or money. This injection increases the reserves commercial banks hold, allowing these banks to expand credit to businesses and consumers. The Fed withdraws money by selling securities to commercial banks and receiving money as payment, thereby reducing reserves and removing credit from the system. The Fed conducts both temporary open market operations and permanent ones. Permanent, or outright operations, inject cash and remove securities from the banking system forever. The Fed keeps the securities it has acquired outright in the System Open Market Account, aptly initialed SOMA (in Aldous Huxley's Brave New World, the drug soma is produced to keep citizens in a steady state of happiness, much like the Fed's SOMA). Temporary operations, the ones entered into this Friday, involve 1–14 day repurchase or reverse repurchase agreements whereby the Fed purchases (or sells) securities in return for cash with an agreement that the commercial bank on the other side of the deal will buy back (or sell back) the securities after a period of days. Temporary reverse repurchase operations, the short-term withdrawal of money from the banking system, are rare. The Fed has only engaged in 16 reverse repos since late 2000, versus 1247 repurchases. This imbalance means that the Fed is almost always augmenting commercial bank reserves by buying securities, allowing the banks to use their larger reserves to expand credit and borrowing. Thus the rate defended by the Fed is lower than the rate at which the commercial banks would be willing to lend each other if the Fed did not exist. Back to Friday's MBS purchases. Historically, the Fed's open market operations have been confined to US Treasuries. Clauses 3 to 6 of the Guidelines for the Conduct of System Operations in Federal Agency Issues ensured that Federal Reserve operations could not engage in temporary purchases of securities issued by federal agencies like Freddie Mac and Fannie Mae.[2] In an August 1999 Fed meeting officials temporarily suspended clauses 3 to 6, giving themselves the authority to freely purchase Ginnie Mae–, Freddie Mac–, and Fannie Mae–issued MBS on a provisional basis without hindrance on size and timing. The reason given: it needed full reign to inject money into the banking system in preparation for the year 2000 crisis.[3] The period for which the temporary suspension was to extend was from October 1, 1999 through April 7, 2000. The year 2000 crisis proved a dud. But rather than removing the temporary suspension on buying MBS, the Fed renewed the suspension in 2000 and 2001 before permanently striking off clauses 3 to 6 in 2002. In recent Fed documents, only clauses 1 and 2 are listed. This storyline may sound familiar to Fed watchers. The Fed was founded in response to the crisis of 1907, and had its ability to increase the money supply dramatically increased during another crisis, the Great Depression, where gold convertibility was suspended. $26 Since the Orwellian rewriting of the Guidelines the Fed has been gradually expanding its MBS purchases, which reached a crescendo this Friday. This (relatively) new power of the Fed is startling given the current liquidity crisis prevailing in the mortgage markets of late. By openly stating its willingness to buy thousands of mortgages and temporarily to expose itself to the financial health (or lack thereof) of the homeowning public, and doing so when the rest of the world is shunning them, the Fed is propping up mortgage markets, and thereby the housing market. This despite the fact that open market operations are not supposed to support individual sectors of the market or channel funds into issues of particular agencies[4] While the purchases are only temporary — the cash must be returned by Monday — one wonders how long before the Fed grants itself the power to buy MBS permanently. Either way, the Fed's response shows that it is worried about the growing mortgage crises and willing to do anything to buy its way out of it. Unfortunately, by buying up MBS and propping up the market the Fed will only cause more harm than it already has. -------------------------------------------------------------------------------- John Paul Koning writes for Pollitt & Co, a brokerage based in Toronto, Canada.

Any RNs in Vancouver/Victoria Area (British Columbia)?: Need Some Advice!? To any Canadian RNs: Hi. I'm finishing my B.S./nursing here in the states and plan to join a "traveling nurse agency" with my sights set on B.C. I plan to permanently relocate there after I've been working for a while (i.e., obtain landed immigrant status, file for citizenship, etc.). I have some questions for you. Do any of you worry about the predatory capitalism of the U.S. influencing the policies, politics, housing/job market, health care system of Canada in the next 30 years? Do you foresee a decline in the quality of life of Canadians within a 30 year time frame (my working years) because of the U.S. transporting its insidious, cancerous culture north of the border? Are you worried about parliamentary reps being bought out by greedy American political pigs who want to take Canadian land and turn it into strip malls and 500K condos for rich, white people? If these are real concerns let me know please. I'm a secular socialist who wants to get away from McWalmartJesuslandOil.

In Canada, is it better to incur expenses like surveying, city services (water/sewer), etc...? ...in the same year a capital gain is made on a subdivided lot, to be sold, from a rental property, and if so will the capital gain be reduced by a portion of the expenses? The lot will be marketed for about $110,000, and the expenses will be $12,000 - $14,000. The origional purchase price of the complete property (rental house and lot) was $105,000. Thanks in advance...

Is it legal for a builder to change the price of the house? Hi, I have recently ventured into the housing market to buy a new house. The builder has recently put out a marketing campaign for 1% off the price of the homes. I was wondering if I would be eligible for this promotion even though i already signed the contract? Is it legal for them to change the price and not offer some sort of discount for people who have signed the contract earlier? I personally think that 1% is alot as it would potentially save me $5000 or more. I live in Ontario by the way. I'm just mad because after all it's the same house except cheaper for new purchasers i'm not sure why? I thought there was some kind of law in Canada that if something goes on sale the seller must sell it for the cheaper price. I'm not sure about real estate law has this type of law. Any help would be appreciated.

We are immigrating to Canada frm IndiaWhich city is best for Jobs,living,Edmonton,Calgary,Grand prairie or ..? Please suggest, where initial expenses will be less, because as we got to know that in Canada people don't recognized other countries degrees, so we have to study again any small courses and to do some part time work, is it true, I have done MBA from New Delhi and my wife done B.Tec. from Punjab India, I am working as Manager in telecom sales & marketing of telecom services and my wife is in teaching line working as lecturer in engineering college teaching C,C++,Java etc. I am 31 years and she is 27 years old. I have heard that housing is expensive in Calgary, what about small & growing cities in Alberta like Grand Prairie , any other suggesion....Thanks

Should I get into the HOUSE BUILDING BUSINESS? I hear that the demand for new homes is exploding in the US.? I'm from Canada (Toronto), and I see that the housing market is HOT, HOT, HOT !! I read in a magazine while at my dentist that there are bidding wars for homes in California and Florida, with people camping out in lines for 2 or 3 days just for the opportunity to be able to put down a deposit on a new home !!! WOW ! If there is that much demand, should I just quick my job here in Canada and rush down there and try to start building homes? I think that I can learn about building pretty fast. And what's the most in demand right now, luxury homes or starter homes? Homes or Condos? I would prefer to build homes but small low-rise condos might be a possibility after a few years.

Is buying 44 houses, and then renting them out, the best way to GET RICH?? I just watched a television program here in Canada and they explained that the housing boom is the best way to build wealth. They said that Canada produces 180,000 to 190,000 new families every year and that this will always keep the housing market healthy. The ‘expert’ explained that it is easy to buy one or 2 houses every year and that a 20 year old should own 20 houses, a 30 year old should have 30 houses and a 40 year old should have 40 houses. Finally, when you retire at 65, you will have 65 rental houses and you will be RICH, RICH, RICH, and you can pass on your dynasty to your children. This will provide your children with the best future possible. I rent a 4 bedroom / 3 bathroom house for $1,000 and I was thinking that perhaps I should buy the house down the street for $1,500 per month and then rent out half of it. Then 3 months later I will buy another house and rent all of it out, then do the same every 3 months until I finally have 44 houses ( I’m 44). Is this wise? So what do you think? Is this the way to get rich? I don't want to be poor forever, just living and earning a living wage. I want my kids to have a good future and by owning tons of investment homes I finally see the opportunity to be able to retire comfortably.

Can my landlord refuse to let me take a roommate now, if when I moved in he agreed, if they had a reference? I'm living in New Brunswick, Canada, and I don't have a lease. When I moved in we discussed this, and he encouraged me to get a roommate (it's a 2 bedroom apt), he just wanted a reference first. Now he's trying to sell the house (it's been on the market for 4 months now and no serious prospects at the moment) and he says he doesn't want me to get one, because it would "complicate things". Is he legally allowed to refuse me? I doubt he could find reasonable objection to her, as she would have excellent references.