10
May
Author: Grenville Dungey / Category:
Toronto Real Estate,
Toronto Realtor
When you work with a registered real estate broker or salesperson, your deposit is protected subject to the terms and conditions of the insurance policy. All brokers and salespersons are required by law to participate in an insurance program that includes consumer deposit insurance. The premium for the insurance program, including the coverage that protects your deposit, is paid for by brokers and salespersons.
COVERAGE
Consumer deposit insurance offers protection in the event of fraud, insolvency or misappropriation of funds by a registrant (e.g. a brokerage). There is no deductible under this coverage. However, the insurance policy contains clauses, which may limit the amount payable if there is a loss. The insurance provides coverage up to a maximum of $100,000 per claim. In the event the sum of all claims made by all consumers against a particular registrant related to an occurrence (e.g. a brokerage becomes bankrupt) exceeds $1,000,000, the amount recoverable by each consumer may be pro-rated and limited to a portion of the maximum amount of $1,000,000 of coverage, subject to the terms and conditions of the insurance policy.
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Current Mortgage Rates
RESIDENTIAL*
TERM |
6 mo |
1 yr |
2 yrs |
3 yrs |
4 yrs |
5 yrs |
7 yrs |
10 yrs |
Closed |
4.45 |
3.09 |
3.30 |
3.55 |
3.69 |
3.79 |
4.79 |
4.99 |
Open |
6.35 |
6.35 |
- |
- |
- |
- |
- |
- |
Convertible |
4.55 |
- |
- |
- |
- |
- |
- |
- |
Variable |
- |
- |
- |
2.20 |
- |
2.25 |
- |
- |
COMMERCIAL*
(AAA properties over $1mio)
TERM |
3 yrs |
5 yrs |
10 yrs |
Closed |
5.99 |
5.75 |
6.80 |
* Rates Subject to Change Without Notice. For other ICI properties and/or smaller amounts, please call to discuss
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09
May
Author: Toronto Real Estate Admin / Category:
News Bulletin,
Toronto Real Estate
ST. THOMAS, ONTARIO, November 9, 2010 — Participants at a housing forum held today explored new approaches to create affordable and supportive housing to improve the quality of life for St. Thomas and Elgin County residents.
Affordable housing developers, community agencies, support service providers and community leaders attending the St. Thomas – Elgin Affordable Housing Forum heard community-based housing success stories and discussed affordable housing alternatives. The event also celebrated the accomplishments of local affordable housing developers.
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Article source: http://www.cmhc.ca/en/corp/nero/nere/2010/2010-11-09-0900.cfm
AJAX, ON, March 17, 2011 — The Government of Canada, the Government of Ontario, the Regional Municipality of Durham and the Town of Ajax celebrated the official opening of 82 affordable housing rental units today. The project is supported by more than $5.7 million in funding through the Canada – Ontario Affordable Housing Program.
Colin Carrie, Parliamentary Secretary to the Minister of Health and Member of Parliament for Oshawa, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC); Joe Dickson Member of Provincial Parliament for Ajax-Pickering, on behalf of the Honourable Rick Bartolucci, Ontario’s Minister of Municipal Affairs and Housing; along with Regional Chair and Chief Executive Officer Roger Anderson; Town of Ajax Mayor Steve Parish; Township of Brock Mayor Larry O’Connor, Chair of the Health and Social Services Committee; and President Oliver Forbes of Ajax Municipal Housing Corporation Board, made the announcement.
“The opening of Hubbard Station is great news for those who need a hand-up, and for Ajax itself,” said MP Carrie. “By providing more rental options for low-income households and people with special needs, these new apartments will contribute to the economic and social well-being of the entire community.”
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Article source: http://www.cmhc.ca/en/corp/nero/nere/2011/2011-03-17-1000.cfm
21
Apr
Author: Toronto Real Estate Admin / Category:
News Bulletin,
Toronto Real Estate,
Toronto Realtor
MISSISSAUGA, ONTARIO, March 18, 2011 — The Government of Canada and the Province of Ontario today announced more than $23.4 million for 84 projects to repair 9,076 existing social housing units in Mississauga through the Social Housing Renovation and Retrofit Program.
Bob Dechert, Parliamentary Secretary to the Minister of Justice and Member of Parliament for Mississauga – Erindale, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC); and Amrit Mangat, Member of Provincial Parliament for Mississauga – Brampton South, on behalf of the Honourable Rick Bartolucci, Ontario’s Minister of Municipal Affairs and Housing; along with Eve Adams, Councillor Ward 5, City of Mississauga, made the announcement.
“Our government is proud to have contributed to Forum Italia and to the 83 other projects we’re announcing today here in the Mississauga area,” said MP Dechert. “Funding renovation projects like these ones will not only improve the quality of life for residents by keeping their homes safe and affordable, but it will benefit the economic and social well-being of the entire community.”
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Article source: http://www.cmhc.ca/en/corp/nero/nere/2011/2011-03-18-1400a.cfm
20
Apr
Author: Toronto Real Estate Admin / Category:
News Bulletin,
Toronto Real Estate
WHITBY, ONTARIO, March 18, 2011 — The Government of Canada and the Province of Ontario today announced more than $18.4 million for the construction and renovation of 1,232 housing units in the Town of Whitby for low-income seniors, families and persons with disabilities.
The Honourable Jim Flaherty, Minister of Finance and Member of Parliament for Whitby – Oshawa, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and Joe Dickson, Member of Provincial Parliament for Ajax-Pickering, on behalf of the Honourable Rick Bartolucci, Ontario’s Minister of Municipal Affairs and Housing, along with Regional Chair and Chief Executive Officer Roger Anderson, Town of Whitby Mayor Pat Perkins and Township of Brock Mayor Larry O’Connor, Chair of Health and Social Services Committee made the announcement.
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Article source: http://www.cmhc.ca/en/corp/nero/nere/2011/2011-03-18-0900.cfm
01
Apr
Author: Toronto Real Estate Admin / Category:
News Bulletin,
Toronto Real Estate,
Toronto Realtor
KITCHENER, ONTARIO, March 25, 2011 — The Government of Canada and the Province of Ontario today announced that Kitchener Centre received more than $7.7 million in funding to repair 1,596 existing social housing units through the Social Housing Renovation and Retrofit Program.
Stephen Woodworth, Member of Parliament for Kitchener Centre, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), the Honourable John Milloy, Minister of Training, Colleges and Universities and Member of Provincial Parliament for Kitchener Centre, on behalf of the Honourable Rick Bartolucci, Ontario’s Minister of Municipal Affairs and Housing, and Ken Seiling, Waterloo Regional Chair, made the announcement.
“Through Canada’s Economic Action Plan, our government is taking action to ensure economic recovery and to create the conditions for long-term growth,” said MP Woodworth. “Renovation projects like these ones are a great way to get the local economy moving because they put construction workers and trades people to work quickly. At the same time, we’re keeping homes safe and affordable, and improving the quality of life for residents of Kitchener.”
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Article source: http://www.cmhc.ca/en/corp/nero/nere/2011/2011-03-25-1000a.cfm
28
Mar
Author: Toronto Real Estate Admin / Category:
News Bulletin,
Toronto Real Estate,
Toronto Realtor
BARRIE, ONTARIO, March 25, 2011 — The Government of Canada, the Province of Ontario and the County of Simcoe today announced more than $10.8 million for the construction and renovation of 2,084 housing units for low-income seniors, families and persons with disabilities in Barrie.
Patrick Brown, Member of Parliament for Barrie, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and Honourable Aileen Carroll, Member of Provincial Parliament for Barrie, on behalf of the Honourable Rick Bartolucci, Ontario’s Minister of Municipal Affairs and Housing, along with Cal Patterson, Warden of Simcoe County, and Jeff Lehman, Mayor of Barrie, made the announcement.
“Our Government is investing in affordable housing here in Barrie to help create jobs and improve the quality of life for those who need it most,” said MP Brown. “These initiatives will help people in our community access safe and affordable housing that meets their needs.”
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Article source: http://www.cmhc.ca/en/corp/nero/nere/2011/2011-03-25-1030.cfm
25
Mar
Author: Toronto Real Estate Admin / Category:
News Bulletin,
Toronto Real Estate,
Toronto Realtor
SUDBURY, ONTARIO, March 25, 2011 — The Government of Canada and the Province of Ontario today announced that the ridings of Sudbury and Nickel Belt have received more than $9.4 million to repair 2,708 existing social housing units through the Social Housing Renovation and Retrofit Program.
The Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) and the Honourable Rick Bartolucci, Ontario’s Minister of Municipal Affairs and Housing, along with Mayor Marianne Matichuk of Greater Sudbury, made the announcement.
“In Northern Ontario and throughout the country, Canada’s Economic Action Plan is working,” said Minister Finley. “Renovation projects like these are putting construction workers and tradespeople to work quickly, while at the same time providing needed improvements to housing.”
Steve Jacques, Manager of Community Development, CMHC, delivers remarks regarding Federal – Provincial funding of more than $9.4 million for social housing renovations throughout Greater Sudbury.
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Article source: http://www.cmhc.ca/en/corp/nero/nere/2011/2011-03-25-1200.cfm
I came across this flyer. What do you think?
Flyer – The Home