February 2009 - Posts
According to the Canadian Real Estate Association, real estate prices in Barrie rose 2.5 per cent year-over-year in January 2009 and reached an average price of $259,672. Although Barrie real estate sales activity is down 44 per cent from a year ago,
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Home Buyers' Plan Withdrawal Limit To provide first-time home buyers with additional access to their RRSP savings to purchase or build a home, Budget 2009 proposes to increase the Home Buyers' Plan (HBP) withdrawal limit to $25,000 from $20,000.
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A new tax credit of 15% can be claimed on any renovation expenses over $1,000 and under $10,000. The maximum amount that you can get back is $1,350. The Home Renovation Tax Credit expires on February 1, 2010 . The following renovations qualify for a tax
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