Don"t miss the chance to enter for the exciting Spa weekend getaway.
Draw is November 30th....Don't forget to get it in!
Market Watch....Global real estate markets are showing tentative but growing signs of stabilization, according to Scotia Economics
Real home prices increased in a number of major developed economies in the second quarter of 2009, including Canada, Australia and United States. www.orea.com/ScotiabankReport
Heritage property owners get tax relief
Heritage tax relief measures:
Changes were made to the Municipal Act to allow Municipalities to provide Tax refunds or reductions to owners of eligible heritage properties.
Direct cash grants for rehabilitation and restoration projects:
Under this provision of the Act municipalities make non-refundable grants to owners for the purpose of protecting the heritage features of a property.
Municipal tax back grants:
Municipalities can also use their gran making powers to provide grants or loans to owners of designated properties for a limited period of time, to offset a municipal property tax increase which resulted from the alteration, repair or renovation of a property.
First time Buyers learn mortgage basics:
Building Blocks, a special series launced last month on the Globe Investor Web site is geared towards educating young Canadian families about various personal finance topics. Go to www.theglobeandmail.com and select investor education on the Globe Investor beta site.
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