Real Estate In Red Deer & Area
Real Estate in Red Deer, Jon & Denise Nichols Real Estate in Red Deer, Jon & Denise Nichols

These tax changes could open up more options for real estate investors, homeowners and renters of all ages

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There was no federal budget in 2020 due to the pandemic, so the upcoming budget will be the first in two years. As home prices continue to rise, there may be tax incentives that could benefit renters, investors and seniors without further contributing to higher prices.

The Teranet-National Bank National Composite House Price Index rose by 9.6 per cent in January over the previous year. Meanwhile, the federal unemployment rate was 9.4 per cent, compared to just 5.6 per cent in January 2020, with an increase of more than 762,000 unemployed Canadians.

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in Economy & Government

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Jon Nichols

Jon Nichols
Century 21 Advantage
Phone: 403.302.0800
Email:

Denise Nichols

Denise Nichols
Century 21 Advantage
Phone: 403.302.9498
Email:

Jez Nichols

Jez Nichols
Century 21 Advantage
Phone: 403.392.7002
Email: