40% of Canadians are paying no income taxes, Prime Minister Trudeau knows this is right The top 20 per cent is likely paying 70 per cent or more of all income taxes Trudeau was speaking the complete truth when it comes to income taxes (HST, realty taxes and other consumption taxes are another story). It is just a truth that he may not want many Canadians to know. On average, two of every five Canadian households do not pay anything towards federally and provincially funded expenses such as health care, education, community and social services, national
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Category: Toronto Lifestyle Posts Analyzing condo investors of Toronto market, a new study finds
What are the characteristics of the new pre-construction condo buyers in Toronto’s property market? These buyers buy out the most and best condo units in the condo building towers during the pre-sales period from the hundred of new condo builders across Toronto area. Close to 50 per cent (50%) of the mortgages then rent their condo units to the existing large pool of available renters by leasing their units. An acute shortage of available apartment rental units is existing in the Toronto area for more than ten (10) years. The vacancy rate of rental apartments in the
View Article...Category: Toronto Lifestyle Posts Renovation grants offer savings to homeowners – BILD
There are numerous renovation grants available to homeowners in the GTA. Ranging from a few hundred dollars to several thousand, programs are offered by different levels of government and partner organizations. Homeowners in the city of Toronto have a number of programs available and one such incentive is the Basement Flooding Protection Subsidy Program. The metropolitan city offers proprietors of single-family, duplex and triplex residential homes a fiscal subsidy of up to $3,400 per property to install flood protection devices. Another home renovation savings initiative offered by the city is the Home Energy Loan Program( HELP ), which facilitates
View Article...Category: Toronto Lifestyle Posts Canadians like to drink more coffee than others in the world
It’s Friday morning at a Tim Hortons in downtown Toronto. The place is hopping with customers eager to get their caffeine fix. Yes, Canada loves its coffee, more so than most other countries in the world. Out of 80 countries, Canada ranked No. 1 in 2015 when tallying up how many litres of coffee per capita we gulped down at food service joints like cafes. In Canadian business, Canada also scored third highest for the total amount of brewed coffee we consumed both inside and outside the home — an average of 152 litres per person. The statistics were compiled by global marketing research
View Article...Category: Toronto Lifestyle Posts Extra Weight May Have Greater Impact on Diabetes Than Heart Disease
In toronto health, carrying excess weight may have a greater impact on the risk for diabetes than it does on the risk for heart disease or early death, a new study has found. To look at the effect of obesity independent of genetics, Swedish researchers followed 4,046 pairs of identical twins whose average age was 58. One of the twins was overweight, and the other was not. Since identical twins have the same genes, their weight difference could not be attributed to genetics. The study is in JAMA Internal Medicine. In health and living, after accounting for physical activity,
View Article...Category: Toronto Lifestyle Posts Add your mortgage lender in your big-reno team
The home renovators should consider the lending requirements of the of financial lenders first. Banks and other lenders don’t care about homey aesthetics, paint colours or kitchen fixtures. Their taste squarely revolves around whether a house that needs refinancing for a renovation is more or less livable, and not a construction site. Mortgage brokers explain that ignoring this preference among lenders can make reno financing more difficult. Small renos can easily be paid for through a home equity line of credit, for instance, which tends to keep lenders at bay. But when home renos involve, say, breaking an existing mortgage
View Article...Category: Toronto Lifestyle Posts How to Secure Your Facebook Timeline That You Prefer
There’s a lot of buzz about the new Facebook Timeline feature. The new Facebook timeline makes your profile look a lot more newspaper-like and lets you take a look down memory lane in an instant. Before the addition of the Facebook Timeline, you could only visit your Facebook past by clicking the “older entries” link or by scrolling down to the bottom of the page and waiting for the auto-refresh feature to pull older content. The Facebook Timeline now has a convenient list of years on the right side of the screen. It allows you to easily jump to
View Article...Category: Toronto Lifestyle Posts 5 Ways You Could Share Your Location NOT Knowing It
Just about every smart phone out there, except for a few dinosaurs used by a grandparent or two, has GPS-based location services built into them. Our cell phones can pinpoint our locations, record and track our location history, and relay location data to apps for many different purposes. Some of the ways our location information is shared is obvious to us, but sometimes we may not even realize that we are providing this information. Let’s Look at 5 Ways That You Might be Sharing Your Location Information Without Even Realizing It. 1. Geotagged Pictures When you first set
View Article...Category: Toronto Lifestyle Posts Low-carb diet helps control diabetes, new study suggests
A large pilot study of low-carbohydrate diets suggests they can successfully control type 2 diabetes. A review of more than 80,000 people who gave up low-fat, high carbohydrate diets found that after ten weeks their blood-glucose levels dropped. That study was conducted after an online revolt by patients in which 120,000 people signed up to the “low-carb” diet plan launched by diabetes.co.uk in a backlash against official advice. By rejecting guidelines and eating a diet low in starchy foods but high in protein and “good” saturated fats, such as olive oil and nuts, more than 80 percent of the
View Article...Category: Toronto Lifestyle Posts Back Pain – Walking With Good Posture May Help Back Pain
Is walking a good self-treatment for low back pain? People with low back pain are usually given the recommendation to remain physically active, and that advice is part of clinical practice guidelines. A few research studies have contributed to the evidence that walking is good for people with low back pain. For Low Back Pain – Keep Moving A research study showed that walking for three hours or more a week helped low back pain patients have less pain. Specific back exercises did not work as well in this study. UCLA researchers studied 681 low back pain patients.
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