The Suit Club Insights Mid Aug

Kai Lu -

kai@pulsarent.com
647 869 1058
https://calendly.com/klu1002
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Greener Home Improvement Loans & Grants

 

Recently I have been approached by a few people, asking me to help them find $100k loans for home improvements. 

There are a few great options from the government and municipality, you don't really need me. 

*Available on primary residence only* 

For Toronto residents: HELP (Home Energy Loan Program)
Up to $125k, interest free & max of 15 year term. 

For non-Toronto residents: Canada Greener Homes Loan

Up to $40k, interest free & max of 10 year term. 

Click on the links, and you will be directed to their official pages for program details, eligibility check and application. 

You're welcome.  



Industrial Real Estate in Calgary & Toronto

 

Q2 2022 Industrial Market Report Toronto
Q2 2022 Industrial Market Report Calgary

Despite slower economy and shocking inflation, industrial real estate continues to be the most sought-after assets in North America, due to the change of online shopping habits and demand for last-mile warehouses. 

If you are looking to develop these products, make sure to check out these two report, so you can estimate the exits and more importantly, not to get into over supply. 

Courtesy of Cresa Toronto & Cresa Calgary

Buy That Boat Now or Pay the New Luxury Tax Later?

 

Coming into force on September 1st, the luxury tax will apply to cars and private aircraft that cost more than $100,000 and to boats or yachts of over $250,000. Some upgrades will be taxes too. 

If you are considering buying these, buy them now before paying additional tax. 

If you do not know what the new Luxury Tax is, here is a helpful article from Canadian Family Offices. 

Click here to access the article 



Will Interest Rate Rise Again in Sep?

 

Flagging growth won't derail central bank rate hikes

Bank of Canada increased its rate by 100bps in July to curb inflation, but food and gas prices haven't come down in reality. 

Will the central bank prioritize controlling inflation and increase their rates again?

If you have a decent-sized real estate portfolio, you might want to keep an eye on the Canadian economy, because cap rates and valuation are directly impacted by that.

Therefore, directly impact your exit strategies and asset re-allocation. 

Attached is the most recent report from RBC Economics
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My address is:
Kai Lu

Unit 200 - 2020 Winston Park Dr
Oakville, L6H 6X7
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