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Blog by alexandre sebe

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Have a U.S. property? The tax man cometh

June 29th, 2011

Have a U.S. property? The tax man cometh


As a manager with the Royal Bank of Canada and the owner of a second home in Phoenix, Calgarian Bill McFarlane has two perspectives on tax issues related to U.S. real estate.

He and his wife, Dianne, got expert advice, but he knows from his banking work that many Canadian sunbelt buyers take the home-purchase plunge with little or no ta ...

Canada May Existing Home Sales

June 22nd, 2011

Canada May Existing Home Sales


According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity remained stable in May compared to April.

Highlights: • Sales activity held steady from April to May, but posted the first year-over-year gain in over a year due to falling demand in May 2010. • Year-to-date sales are in line with t ...

Stephen Bronfman is betting big on Montreal’s future

June 20th, 2011

Stephen Bronfman is betting big on Montreal’s future




Photograph by Roger Lemoyne

There are a couple of reasons why Stephen Bronfman seems to be smiling more than usual these days. Having failed in his bid to purchase the Montreal Canadiens last year, the eldest child of billionaire Charles Bronfman got quite a consolation prize by luring the Habs’ former president Pierre Boivin to Cla ...

Vancouver red hot in our ‘Goldilocks’ housing market

June 17th, 2011

Vancouver red hot in our ‘Goldilocks’ housing market