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Welcome to my Blog about Milton Ontario

Milton is one of the fastest growing cities in Canada. Contact me at www.miltonontariohomesforsale.com if you have questions about the area.

Thursday, November 11, 2010

Just listed our own home in Milton

I know... it is our home, but I have to say it: It is one of the best I have ever seen in Milton. Why? Simple:

1) Ravine Views at the back, side and front of the property
2) One of the best views of the Niagara Escarpment anywhere.
3) Close to PL Robertson for English or French
4) Walking distance to great amenities (School, Several Parks, No Frills, TD Bank and Rexall) and just a short drive from so many other (24 hrs Shoppers Drug Mart, Several Banks, Milton Hospital, Future Laurier University, Future Firestation, Mitlon Sport Center, Main Street and some of the best attractions of the area: The Escarpment and all its parks (Rattlesnake Point, Mount Nemo, Kelso, Lake Crawford, Hilton Falls, Glen Eden Ski Center) and some of the best golf courses near Toronto (Crosswinds, Lowville, Rattlesnake, Granite Ridge, Carilsle, Hidden Lakes etc.)
5) The house has more upgrades than you can think of.
6) It also has a finished basement making the house a total living area of roughly 2500 sqf, 5 bedrooms, 4 washoorms, Formal Living, Formal Dining, Family Room and Rec Room

It really is an awesome home. Come see it! Call me for an appointment at 647-299-8505

Cheers!

Wednesday, June 2, 2010

Bank of Canada puts the overnight rate up by a quarter of a percentage point.

The market expected a hawk, but it got a dove instead.
The Bank of Canada did what everyone was expecting Tuesday – it put the overnight rate up by a quarter of a percentage point.
But market watchers spent the day talking about what the central bank didn’t say.
Most expected a few words about the end of the need for emergency-level interest rates, or at least a strong warning about inflation, particularly after the latest GDP report showed whopping first-quarter growth of 6.1 per cent.
“That’s not what came out in the message,” said Krishen Rangasamy, economist at CIBC World Markets. “What the bank did was warn markets that it is going to gauge the European crisis and its effect on markets and base monetary policy on that.”
It was “a bit dove-ish, and the Canadian dollar responded accordingly,” he added.
The loonie shed nearly a cent against the U.S. dollar Tuesday, falling 0.95 of a cent to close at 94.88 cents (U.S.)
Major stock markets in Canada and the U.S. also ended the day lower as investors brooded over building tension in the Middle East and BP Plc’s seemingly unending oil spill.
Another bit of bad news: China’s Purchasing Managers Index trailed economists’ estimates. That, along with the European debt crisis, raises concerns about slowing global demand.
Canada sends only about 8 per cent of its exports to the euro zone. But the emerging superpower economies, India, China and Brazil, which send much more of their exports to Europe, are big consumers of oil, metals, forest products and other Canadian commodities.
Now economists will be watching closely when unemployment figures for Canada and the U.S. are released on Friday.
“The numbers are very important to ensure that employment is gaining traction on both sides of the border,” Derek Burleton, deputy chief economist at TD Economics said, adding that the U.S. figures are particularly important.
“U.S. employment is the glue that holds everybody’s forecasts together. It’s vital in ensuring the U.S. remains on a self-sustaining recovery.”
Gains in employment and real income are vital to consumers, who are carrying massive debt loads and likely to face higher interest rates.
“Activity in Canada is unfolding largely as expected,” the Bank of Canada said.
“The global economic recovery is proceeding but is increasingly uneven across countries, with strong momentum in emerging market economies, some consolidation of the recovery in the United States, Japan and other industrialized economies, and the possibility of renewed weakness in Europe. The required rebalancing of global growth has not yet materialized.”
Still, most economists expect the Bank to continue to boost rates throughout the rest of this year.
“Our view is they will continue to gradually raise interest rates, particularly because we’re coming off a record-low interest rate,” said Adrienne Warren, senior economist at Scotia Capital.
“It’s a very volatile market right now, a very uncertain economic environment. They hold their meetings every six weeks and a lot can happen either way in six weeks,” Warren said. “But barring any significant setback in the global economy we’re probably looking at gradual increases through the rest of the year and continuing next year.”

BLAIR GABLE/REUTERS

Tuesday, May 11, 2010

What is HST taxable?

This is a great document that will help clarify what prices are going to be affected by the HST. Certainly, it is not resale homes! (something that most people seem to be confused about).

http://www.rev.gov.on.ca/en/taxchange/pdf/taxable.pdf

I hope it helps!