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OTTAWA (Reuters) - Sales of existing homes in Canada jumped 31.5 percent in the second quarter from the first and saw their first year-over-year quarterly increase since before the peak of the financial crisis, the Canadian Real Estate Association said
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Île-des-Sœurs, June 16, 2009 MLS ® sales in the Montréal Metropolitan Area increased by 8 per cent in May 2009 compared to May 2008, with single-family homes leading the way at 13 per cent, reported the Greater Montréal Real
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The Home Buyers’ Plan (HBP) allows first-time home buyers to withdraw amounts from a Registered Retirement Savings Plan (RRSP) to purchase or build a home without having to pay tax on the withdrawal. Budget 2009 proposes to increase the HBP withdrawal
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By Brenda Bouw, The Canadian Press VANCOUVER, B.C. - Record low interest rates are spurring more Canadians to refinance mortgages to consolidate debt, a trend that is expected to grow as Ottawa moves to loosen lending conditions and encourage spending
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The government has earmarked $15 million to nudge Canadians with RRSPs into buying homes. Now you can withdraw $25,000 tax free from your RRSP to buy or build a first home - up from $20,000. The Home Buyers’ Plan (HBP) The Home Buyers' Plan
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by Tobi Cohen, THE CANADIAN PRESS Thursday, January 22, 2009 MONTREAL - Homebuyers are being urged to read the fine print and to recognize the potential consequences of tying their mortgage to a grossly inflated secure line of credit - an increasingly
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