MHTRC Tax Credit

Maximizing the Benefits of the Multigenerational Home Renovation Tax Credit (MHRTC)

Are you considering enhancing your living space to accommodate a multigenerational household? The Canada Revenue Agency (CRA) has introduced an exciting opportunity to make this a reality with the new Multigenerational Home Renovation Tax Credit (MHRTC). This valuable credit assists Canadians in transforming their homes by creating secondary units for family members aged 65 and…

Seizing the Opportunity: Canadians Embrace the New First Home Savings Account

Canadian banks are reporting a surge in interest in the newly introduced First Home Savings Account (FHSA) program. This innovative initiative empowers potential homebuyers to kickstart their homeownership journey by saving and investing for a down payment, all while enjoying tax-free benefits! At Canadian Mortgage Professionals, we’re thrilled to keep you in the loop about…

Debt Consolidation – How Canadian Mortgage Professionals Can Help

With interest on car loans, credit cards, and other debt being significantly higher than mortgage rates, let us help you put a significant amount of your hard-earned cash back in your pocket every month. This savings number can be $100’s, or potentially even $1000’s depending on your scenario, and especially considering current economics. Please feel…