Dbym Detached house prices fall in Toronto; Amazon vice president says he quit over firing of activist employees
Wasaga Beach councillors have shelved the idea of holding a referendum on the future of Wasaga Distribution.Rather, the town will proceed with a public consultation process on whether to sell, merge, or keep the local electricity distribution company, following a raucous meeting Tuesday night that featured a packed house and accusations that council wasnt listening to the public.The board of Wasaga Distribution has recommended the town consider selling the utility. ARTICLE CONTINUES BELOW A referendum held outside of a municipal election would have cost taxpayers $95,000. The group calling on the town to keep Wasaga Distribution argued against holding a referendum on the basis that the public has made their voice heard on the subject.Neil Hamilton, w
kubki stanley ho launched an online petition two months ago asking the town not to sell the utility 鈥?garnering
stanley cup more than 5,000 signatures in the last two weeks 鈥?said councils decision not to hold a referendum puts the decision entirely in the hands of the politicians. ARTICLE CONTINUES BELOW Whil
stanley cup e he was pleased council turned down a referendum, Hamilton said that makes the ultimate result an unknown. Youre going from something that you knew was wrong to something that you dont know聽 鈥?you dont know what theyre going to do. Council could hold public consultations and then just vote. They dont have to listen. ARTICLE CONTINUES BELOW Umnt ICYMI: Top 5 stories of the week in Georgetown and Acton from TheIFP.ca
TORONTO 鈥?The self-employed are among the growing number of Canadians turning to private lenders in order to obtain a mortgage.While many prospective homeowners are driven to alternate lenders because of go
stanley mug vernment-mandated stress tests and poor credit scores, the self-employed often have additional burdens to overcome in proving their income.There more and more people seeking private loans than ever before and that a direct result of government making it more and more difficult to qualify, says Dan Caird, a mortgage agent with Dominion Lending Centres. ARTICLE CONTINUES BELOW According to the Bank of Canada, private lenders have doubled their share of the mortgage market in Greater Toronto since 2015, accounting for eight per cent of mortgages in 2018.These lenders are less concerned about income and more focused on the property
stanley cup value in case they have to foreclose. The tradeoff is higher interest rates and fees. ARTICLE CONTINUES BELOW Still, the option can be helpful for the self-employed who expense as muc
stanley cup h as they can in order to reduce their taxable income and who have a strategy to beef up their credit score with a goal of returning to a traditional lender.Caird said it usually more financially advantageous to expense the heck out your business and show less income. ARTICLE CONTINUES BELOW
