Author Archives: Danielle Park

New tax filing requirements for jointly held assets in Canada

Posted on February 14, 2024 by Danielle Park

New bare trust reporting requirements for the 2023 tax year include accounts where adults have been added to the bank and investment accounts of another relative. For Bare Trusts ending December 31, 2023, you have to file a T3 tax … Continue reading →

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What it means to restore home affordability in Canada

Posted on February 13, 2024 by Danielle Park

To restore Canadian home affordability to historically sustainable levels, prices need to halve, incomes double or some combination of both. All options are painful in the short to medium term for asset prices, the leveraged and Canada’s real estate-concentrated economy. … Continue reading →

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Sam Cooper details mortgage fraud and Canadian banks

Posted on February 13, 2024 by Danielle Park

So-called “liar loans” helped fuel the US property bubble and bust, leading to the 2008 recession. Unfortunately, Canada has followed suit since. Sam Cooper BREAKS NEWS on Mortgage Fraud and Canadian Banks. Here is a direct video link. Read more … Continue reading →

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