Bank of Canada Cuts Rates: Your July 2024 Financial Update As we reach the peak of summer, I hope this newsletter finds you well and enjoying the season. I apologize for the slight delay in getting this out to you – with school being out, I’ve been savoring precious family time and soaking in the
Now for the excitement I hinted at earlier! We’re thrilled to announce the launch of our “Okanagan Summer Sizzle” Giveaway, celebrating the finest in Kelowna’s summer grilling and al fresco dining scene. We’ve partnered with local businesses to curate an incredible prize package consisting of: Premium locally-sourced grill-worthy proteins Award-winning Okanagan wines to complement your
Last-Minute Tax Filing for Self-Employed Individuals: Deadline Tomorrow Are you a self-employed individual in Canada? If so, tomorrow marks an important deadline for you: the tax filing deadline for businesses for self. Here’s why it’s crucial to file on time and how Cultivate + Evolve Financial can help if you have concerns about tax payments,
I had the pleasure of speaking at and attending our lenders group conference last week, where Ryan McLaughlin from BCREA provided an insightful overview of the current economic landscape. Here are my key takeaways: State of the Macroeconomy: • Last spring, the economy was cooling and sinking. • Now, rates are dropping for the first
As the deadline for property taxes approaches, it’s essential to claim your Home Owner Grant and make your payments on time. Here are the steps and links you need to ensure everything is in order. How to Claim Your Home Owner Grant: 1. Check Your Eligibility: Most homeowners who live in their home as their
In a significant move, the Bank of Canada has announced a reduction in the overnight lending rate by 0.25%, bringing it down to 4.75%. This is the first rate drop since the upward spiral began, signaling potential economic softening and offering new opportunities for homeowners and buyers alike. Prime Rate Impact: As a direct result,
As we step into Spring 2024, the BC Budget has brought forward some significant changes that promise to reshape the landscape for first-time homebuyers and small business owners alike. At Cultivate + Evolve Financial, we’ve been closely monitoring these developments, eager to explore how they can benefit our cherished clients and community. Empowering First-Time Homebuyers
🏠🔀 Switch Transfer vs. Refinance: What You Need to Know 🔀🏠 When it comes to navigating the world of mortgage financing, being well-informed about your options is crucial. In this article, we’ll explore the nuances and differences between two prevalent mortgage strategies: Switch Transfer and Refinance. Switch Transfer Explained: Objective: The primary purpose of a