February 2018 - Synergy Mortgage

16 things that really affect you announced in today’s BC Budget 2018

[Source: DailyHive, February 20, 2018] Earlier today, British Columbia’s New Democratic Party (BC NDP) delivered its first provincial budget for the first time in about two decades. The ambitious budget prepared by BC Minister of Finance Carole James focuses on housing affordability, childcare, and increasing provided services. She forecasts consecutive balanced budgets, with annual surpluses of $219 million for 2018-19, $281 million for 2019-20, and $284 million for 2020-21. However, total provincial debt will rise by $11.8 billion to $77.1 billion by 2020-21 [...]

How the B.C. budget tackles the province’s housing crisis

[Source: BC CTV News, February 20, 2018] Ever since the B.C. NDP formed government last summer, the public has been waiting to see how the party plans to address the province's out-of-control housing market – and now the wait is over. In her 2018 budget speech Tuesday, Finance Minister Carole James highlighted some of the government's 30-point plan for making buying and renting more affordable for British Columbians. The comprehensive strategy focuses on measures to discourage speculation, decrease demand from foreign [...]