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Mortgage Rate Forecast

Where mortgage rates go from here depends on how serious the US is about imposing punitively high tariffs on Canadian imports, and how Canada responds.

Media Relations

Past Due: Expired Offers, Expired Contracts, and What To Do With Them #580

Missing deadlines in real estate contracts can lead to expired deals, and while some offers can be revived, doing so comes with risks and consequences.

Independent Contractor or Employee – The Tests For #228

BC Real Estate Association logo with the words "legally speaking" printed below

By Gerry NeelyB.A., LL.B. When the Homelife/Victoria case was decided in 1992, the conduct required to establish independent contractor status was not common knowledge among the licensees who claimed this status at the hearing. However, Revenue Canada reports that the returns of licensees claiming to be independent contractors continue to be rejected, either because of the terms

Independent Contractor Status v. Employee Status #227

BC Real Estate Association logo with the words "legally speaking" printed below

By Gerry NeelyB.A., LL.B. As most licensees must be aware, while the Supreme Court of British Columbia has held in three cases that under the Real Estate Act a salesperson can only be an employee of an agent, the policy of Revenue Canada under the Income Tax Act, is to recognize the independent contract status of a salesperson. That