In a move to tackle the issue of derelict properties, the City of Edmonton has announced a prorated tax forgiveness program aimed at incentivizing property owners to rehabilitate or redevelop neglected homes. This initiative is part of a broader strategy that includes the introduction of a new tax subclass, which imposes a property tax rate nearly three times higher than the normal rate on derelict...

Although Canadian inflation seems to be moderating compared to the spikes seen in 2022 and 2023, it remains elevated relative to historical averages, and it is still an important consideration for investors.

Assets and investments that can hold their value and outpace the cost of living are necessary for growing wealth. Savings and investments that are not at least earning enough to keep up with inflation...

Real estate investors are sometimes faced with a critical decision: sell a property or hold onto it for long-term appreciation. While selling can free up cash for other endeavours, a hold-and-rent strategy offers substantial long-term benefits. By holding real estate assets and renting them out, investors not only create an income stream but also allow the property to appreciate in value over time....