#Construction financing Ontario

[allthecanadianpolitics]

A London, Ont., MPP will be tabling a motion at Queen’s Park that will establish a new public agency to help get homes built in the province. London North Centre MPP Terence Kernaghan’s bill would establish Homes Ontario, which would finance the construction and oversee the building of new affordable and non-market rental homes at cost on government owned land. “The reliance on private developers only to fix this crisis is not working,” Ontario NDP leader Marit Stiles said. “All levels of government, including the provincial government, need to get back in the business of building and funding affordable and mixed income housing.” The aim of the bill is to finance and build at least 250,000 homes over the next 10 years. The homes would be operated and/or constructed by public, non-profit, or co-op housing providers.

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Tagging: @politicsofcanada

[if-you-fan-a-fire]

"Investment in railroads helped more than anything else to open up northern resources to southern capital and entrepreneurship. On railroads, the province spent prodigously, George Ross often boasted that under Liberal governments railroad mileage in New Ontario had risen from a mere 12 miles in 1881 to almost 1,750 in 1904. The impulse was so strong and the Liberal commitments so binding that even under reduced assistance from the subsequent Conservative governments new construction proceeded with abated enthusiasm at a rate of 300 miles per year. Rare indeed a line was built without a provincial subsidy, bond guarantee. and grant; some obtained all three! Between 1867 and 1914 the province aided the construction of 2,783 miles of track the extent of $7,969,406 and pledged at least that much s credit again in support of various railroad bond issues. her and above their cash subsidies, Mackenzie and Mann floated a $5 million bond guarantee from the province and owned more than three million acres of crown land in support of the Canadian Northern. An equally persuasive F. H. Clergue convinced the Ross government to increase the usual 5,000 acre per mile grant to 7,400 acres for his Algoma Central line and to throw in the timber and mineral rights which usually remained vested in the crown. Clearly the provincial government could assume no responsibility for the transcontinentals, but it could claim the initiative for three north-south lines (the Northern, the Algoma Central and the Temiskaming and Northern) which, as it turned out, were much more important factors in the industrialization of the north.

These "development roads," and especially the Temiskaming and Northern Ontario, exposed the north both physically and psychologically to the energies of the Toronto business community. By the end of the nineteenth century Toronto had firmly established itself as the pre-eminent regional metropolis of southern Ontario, organizing and financing the trade and commerce of a prosperous, agricultural hinterland. Rail penetration of the Canadian Shield necessarily expanded that hinterland and changed its character. At first the railroads were driven northward simply to tap new agricultural areas to the north and west, but the incredibly rich silver and gold deposits unearthed by railroad construction redirected attention to the much greater opportunities presented by the natural resources of the Shield. Railroads thus brought the Shield under the dominance of Toronto, which developed in response the techniques, facilities and in a sense the energies to finance resource industries, especially mining, with a vigour that Montreal, for some reason, seemed to lack. Toronto's initial advantages of transportation and experience on the Canadian Shield imparted a powerful thrust to its rise from regional to national metropolitan stature. Indeed, as Professor Careless has observed in this connection, the "successive opulent suburbs of Toronto spell out a veritable progression of northern mining booms." 

Much of the credit for initiating this mutually profitable relationship must rest with Ontario governments of this time, which in addition to extending the normal generous subsidies to private railroad companies, intervened even more positively to build and operate as a state enterprise the strategically important Temiskaming and Northern Ontario Railway. Without a transcontinental of its own, the Toronto business community seized upon a railroad to Hudson Bay as a cheap and ready, if not entirely rational, substitute. En route to tidewater, so it was argued, the railroad would necessarily expand the city's agricultural hinterland, and by offering a third outlet to Europe, the northern seaport would reduce Toronto's dependence upon Montreal and New York. One promoter actually proposed that a Hudson Bay railroad in conjunction with northwest passage shipping company would make Toronto the headquarters for the Klondike. In due course Hudson Bay became a self-justifying symbol of Ontario manifest destiny and metropolitan commercial ambition. Although several such themes were projected with the usual civic éclat, each failed considerably in accomplishment; the James Bay Railroad managed reach only as far as Parry Sound, and the Toronto and Hudson Bay, among others, remained gloriously stillborn.

Eventually both Toronto businessmen and northern resource promoters turned to the provincial government for help. Taking an "average business man's point of view with no axe to grind," John Bertram told the Toronto Board of Trade 1901 that it was both necessary and sensible that the state should build the northern railways. "The chief thing to be considered was transportation," he said, "and the government would be lacking (land grants) in its duty, to give away such a rich inheritance to any railroad corporation." On January 15,1902, just on the eve of an important provincial election, the  Ross government introduced a bill to build a railway from North Bay into the Temiskaming district which, it hoped, would give access to the vast arable lands of the Clay Belt discovered only two years earlier, extend the operations of the lumbering industry and expose, in the Minister of Public Works' prophetic words, "deposits of ores and minerals which are likely upon development to add greatly to the wealth of the province Announcement of the planned intersection of the Ontario go ernment line with the National Transcontinental gave Toronto at long last, its national connections. "I believe it [the T. & N. O.] will prove of inestimable value," J. F. Ellis remarked in his presidential address to the Toronto Board of Trade "in developing and settling the fertile wheat lands of New Ontario and the West-lands that are now practically valueless because of the want of railway facilities. Ontario and particularly Toronto, will be the great gainers." But on their way to Hudson Bay and the West, Toronto businessmen suddenly discovered the Canadian Shield. The T. & N. O. and Cobalt taught Toronto to see its new northern hinterland in its own terms."

- H. V. Nelles, The Politics of Development: Forests, Mines & Hydro-Electric Power in Ontario, 1849-1941. Second Edition. McGill-Queen’s University Press, 2005 (1974), p. 117-120

[vjtax1]

Accounting & Bookkeeping Expert in Ontario

The current business scenario is highly competitive, and proper management of funds has become crucial for success. Running a small business, operating a startup, or maintaining a well-established firm requires a professional accounting and bookkeeping service in Ontario that helps in streamlining the company's operations and tracking the health of the company regarding finance. The business hub of Canada, Toronto, offers a number of professional services catering to various entrepreneurs and businesses. Professional Bookkeeping Service in Toronto Bookkeeping forms the backbone for carrying out business operations efficiently. The record of daily transactions, invoices, payroll, and expenses of a well-managed business ensures the true accuracy and updated periodical depiction of financial records. Professional bookkeeping service in Toronto is the one-stop solution, because it saves your precious time and reduces your risk of making costly mistakes in terms of finance or regulatory compliance. Why Choose a Professional Bookkeeping Service?

Accuracy and Compliance A professional bookkeeper is trained to accurately handle the most complex financial transactions and ensure that your accounts meet all local and federal regulations, thus reducing the risk of audit or other penalties.

Saves More Time Bookkeeping is time-consuming. The process could be critical if you do not have any knowledge in accounting principles. By hiring the professional service, you focus more on improving your business, leaving the management of your financial records in the hands of experts. With up-to-date bookkeeping, you will be able to gain in depth knowledge about cash flow for making informed decisions on your budgeting, investments, and expenses.

Customized Services Toronto-based professional bookkeeping services are often geared towards offering customized solutions to meet the peculiar needs of your business. Whether in retail, construction, or any other technological business, an expert bookkeeper can modify his transactions to meet your business needs.

Services Provided by Professional Bookkeepers a. Recording and reconciliation b. Processing your payroll, complying with your annual returns c. Accounts payable and receivable management d. Financial reporting and analysis e. Tax preparation and filing assistance Tax Preparation in Toronto Business and personal tax season can be a stressful time. Working to understand changes that are coming, keeping those in mind, and ensuring that all available deductions are claimed, may require expertise. That's exactly where professional tax preparation services in Toronto come into play. Advantages of Professional Tax Preparation a. Claim Highest Deductions A tax professional will identify unknown deductions and credits, ensuring you pay a minimum legal tax. b. Prevent Costly Errors Filing errors can result in penalties or delay processing of your return. Tax experts ensure your filings are accurate and complete. c. Save Time and Stress Tax preparation can be extremely tedious. Hiring a professional can save your time, making sure it's prepared in a hassle-free manner. d. Stay Compliant Canadian tax laws and provisions are very well known to the tax experts. Strict compliance is guaranteed on your filings, minimizing the risk of audit. Services Offered by the Tax Expert a. Income tax return b. GST/HST c. Corporate tax return d. Audio representation and credit e. Tax planning strategies to save for the future Why Do Businesses in Toronto Trust Experts? Toronto is one of the dynamic and fast-growing cities which shares an evolving business environment. Diversified industry operations in the region open doors to robust demand for accounting and bookkeeping services. Companies need experts to compete with peers, achieve compliance, and grow. Key Reasons to Hire a Skilled Accountant and Bookkeeper a. Local Experience Professionals familiar with the situation of Toronto's business environment understand challenges as well as opportunities that local businesses face. b. Scalability The financial needs to run the organization rise along with your business, and an expert can make sure you have all professional help, covering demanding transactions, payroll, and reporting needs. c. Technological Advancement Accounting and bookkeeping firms mainly use advanced software and tools to get maximum help from the operations and deliver services faster than ever done. d. Financial Advisory Accounting experts not only do bookkeeping and prepare tax statements but also advise clients on financial planning, investment, and cost-cutting. Choosing the Right Expert in Toronto If one is seeking an accounting and bookkeeping service in Toronto, he or she will find the following considerations on the checklist: a. Experience and Expertise Seek a firm that has successfully served companies like yours. b. Certifications Ensure the firm employs certified accountants and bookkeepers in compliance with professional standards. c. Range of Services Choose a provider who offers all services from bookkeeping to tax preparation and financial planning. d. Reputation Review the testimonials, referrals, and reviews to measure the credibility and quality of the service. e. Communication and Accessibility The firm should be accessible and responsive. Ensure that it communicates clearly and timely. Conclusion Proper management of business finances can pave your way to tremendous success; professional accounting and bookkeeping service in Toronto could be your possible solution in bridging the gap in your business operation. From simple recording of daily transactions involving payroll processing, tax preparation to strategic financial planning, hiring an expert ensures smooth running and compliance. You will save much-needed time and reduce a lot of stress with the investment in these services while providing invaluable insights capable of driving growth and profitability. Consider partnering up with an experienced accounting and bookkeeping service today, if you are a business person, running your operations within Toronto

[donemortgage]

Understanding Construction Mortgage in Ontario

Construction Mortgage in Ontario is the perfect financing option if you’re planning to build your dream home from scratch. Unlike traditional mortgages, this type of loan is designed to cover the costs of constructing a property, providing funds in stages as the project progresses.

At Done Mortgage, we simplify the process for you. Whether you're hiring a builder or taking on the project yourself, our experts guide you through every step. With competitive rates and flexible options, we ensure you find the right solution tailored to your needs.

Building a home can feel overwhelming, but securing a Construction Mortgage in Ontario doesn’t have to be. Ready to take the first step? Let Done Mortgage make your journey smooth and hassle-free.

[condos2homes]

Pre-Construction Condo Buying Process in Oshawa

Oshawa is quickly becoming a hotspot for pre-construction condos. With its growing economy and affordable housing, more people are looking to this Durham Region city for their next home.

By 2024, Oshawa's population will reach 197,000. This growth is driving demand for new housing. Over 1.2 million workers in the region make Oshawa’s pre-construction condos an appealing place to live and invest.

Why Choose Pre-Construction Condos in Oshawa?

Oshawa offers many benefits for condo buyers like you. Housing prices here are lower than in Toronto and other major cities. This makes Oshawa ideal for first-time buyers and investors. The Durham Region needs 89,000 new homes by 2031. This growth promises a steady appreciation for property values.

Oshawa's location is hard to beat. Want to visit Toronto? It's just an hour away. You can hop on Highway 401 or 407 and get there easily.

But that's not all. Oshawa is a great place for students too. It's home to two big schools: Durham College and Ontario Tech University. Every year, about 40,000 students come to study here. That's a lot of people needing places to live!  It's a great thing if you're thinking about investing in a condo.

The Buying Process

Research is the first step in buying a pre-construction condo in Oshawa. Look into new projects like Nahid Harbour on Lake Ontario. Dreamscape in North Oshawa is another option to consider. Compare prices carefully. Condos start from the $400,000s. Detached homes in master-planned communities begin at $1.1 million.

Financing Your Purchase

Most builders ask for a 15-20% deposit on pre-construction condos. Talk to a mortgage professional early in the process. They can help you secure pre-approval and understand payment schedules.

Making Your Reservation

Once you choose a unit, you'll submit a worksheet with a small fee. This reserves your condo. Next, you'll get a purchase agreement. Review this document carefully with a lawyer. You have a 10-day cooling-off period to change your mind without penalty.

The Construction Phase

You should stay informed about your condo's progress during construction. Remember that occupancy dates can change. Flexibility is key during this phase.

Closing on Your New Condo in Oshawa

Get ready for the big day! As you near your move-in date, it's time to prepare your final payments. Keep in mind that you might need to pay some occupancy fees if you move in before the building is officially registered.

Oshawa is a great place to buy a new condo. The city is growing and prices are still affordable. You'll love the modern feel of these new homes. Plus, there's so much to do nearby. You can shop at Oshawa Centre or enjoy the outdoors by the waterfront.

Want to make a smart investment? Oshawa's growing real estate market is the place to do it. Just make sure you understand the process and work with experts who know the area. 

[tridelcondos]

Exploring Etobicoke's Pre-Construction Condo Market: What Buyers Should Know

Etobicoke, a vibrant community on the western edge of Toronto, has become a hotbed for real estate development, particularly in the pre-construction condo market. With its proximity to downtown Toronto, access to transit, and rapidly evolving neighborhoods, more buyers are looking to invest in pre-construction condos in Etobicoke. If you're considering entering this growing market, here’s what you need to know before making your move.

Why Choose a Pre-Construction Condo in Etobicoke?

Pre-construction condos offer several advantages that attract a wide range of buyers. From first-time homebuyers to seasoned investors, the benefits of purchasing a condo before it’s built are compelling.

Lower Initial Costs: One of the most appealing aspects of pre-construction condos is that buyers typically pay a deposit over time, rather than a lump sum. This makes it easier for buyers to manage their finances. Additionally, pre-construction prices are often lower than the cost of a completed unit, allowing you to lock in a better deal before property values increase.

Customization: Buying a condo before it's built allows you to select certain finishes, layouts, and upgrades that suit your preferences. From choosing flooring materials to kitchen designs, you can personalize your space to make it feel like home.

Long-Term Investment Potential: Etobicoke's rapid growth and development mean that the value of pre-construction condos is likely to increase over time. By the time the condo is completed, its market value may have risen, giving you the opportunity for significant returns on your investment.

Key Areas for Pre-Construction Condos in Etobicoke

Several neighborhoods in Etobicoke are seeing a surge in pre-construction developments, each offering unique benefits in terms of location, lifestyle, and convenience.

1. Humber Bay Shores

Located along the waterfront, Humber Bay Shores is one of Etobicoke’s most desirable areas for new condo developments. With its scenic views of Lake Ontario and proximity to downtown Toronto, it's a top choice for those seeking a blend of urban living and natural beauty. This area boasts plenty of green space, parks, and walking trails, making it ideal for families, young professionals, and retirees alike.

2. Islington City Centre

This bustling urban hub is a favorite for buyers looking for easy access to public transit, shopping, and dining. The upcoming pre-construction condos in Islington City Centre promise modern designs and state-of-the-art amenities, all while being steps away from the Islington subway station, which connects directly to downtown Toronto.

3. The Queensway

Known for its vibrant community atmosphere, The Queensway has seen a rise in pre-construction developments that cater to families and young professionals. This area offers excellent schools, family-friendly parks, and a thriving local business scene, making it an attractive option for those who want both city convenience and a suburban feel.

What Buyers Should Consider Before Purchasing

While the benefits of pre-construction condos in Etobicoke are enticing, there are several factors that every buyer should carefully evaluate.

1. Developer Reputation

Before committing to a pre-construction condo, it's crucial to research the developer. Look for reviews of previous projects, visit completed developments, and assess their reputation in terms of construction quality, project timelines, and customer satisfaction. Working with a well-established, reliable developer can reduce the risk of unexpected delays or issues.

2. Deposit Structure

Most pre-construction condos require a deposit that is paid in installments, typically ranging from 15% to 25% of the purchase price. Ensure that you understand the deposit schedule and have the financial flexibility to meet the payment deadlines. You may also want to discuss the deposit structure with a real estate lawyer to ensure there are no surprises.

3. Occupancy and Closing Costs

When you buy a pre-construction condo, the occupancy date (when you can move in) and the final closing date (when the property officially becomes yours) can be months or even years apart. During the occupancy period, you may need to pay interim occupancy fees, which are similar to rent but do not go toward your mortgage. Additionally, closing costs such as land transfer taxes, legal fees, and development charges can add up, so be sure to budget accordingly.

4. Market Conditions

It’s important to consider the current real estate market in Etobicoke and Toronto as a whole. While the long-term outlook for Etobicoke remains positive, short-term market fluctuations can impact property values and resale potential. Consulting with a real estate expert who is knowledgeable about the local market can help you make an informed decision.

The Condo Amenities and Lifestyle Appeal

One of the main attractions of modern pre-construction condos is the variety of amenities they offer. Many new developments in Etobicoke feature state-of-the-art fitness centers, rooftop terraces, concierge services, swimming pools, and co-working spaces. These amenities add a sense of luxury and convenience to daily living, making condo life particularly appealing to young professionals, retirees, and small families.

Moreover, Etobicoke's proximity to some of Toronto's best parks, golf courses, and cultural attractions further enhances the appeal of living in this community. Whether you're looking for a condo with stunning lake views or easy access to public transportation, the diversity of Etobicoke's condo developments caters to various lifestyles.

Conclusion: Making the Right Choice in Etobicoke’s Pre-Construction Condo Market

Etobicoke’s pre-construction condo market offers exciting opportunities for buyers looking to invest in a thriving and rapidly evolving community. From the waterfront views of Humber Bay Shores to the urban conveniences of Islington City Centre, there is something for everyone in this dynamic neighborhood.

However, it’s essential to do thorough research, work with reputable developers, and understand the financial commitments involved in purchasing a pre-construction property. By staying informed and considering both the short- and long-term benefits, you can confidently navigate the process and make a sound investment in one of Toronto’s most promising markets.

If you’re ready to explore pre-construction condos in Etobicoke, now is the perfect time to dive into the market and secure your place in this vibrant community.

[wtii]

How General Commercial Insurance Protects Small Companies in Ontario

Running a small company in Ontario comes with its own set of challenges and risks. From potential lawsuits to property damage, there are various threats that can pose a significant threat to the financial stability of a small business. This is where general commercial insurance comes in to play, offering a safety net to protect small companies from unexpected events that can have devastating consequences.

One of the key components of general commercial insurance is directors and officers insurance, which provides coverage for the personal assets of the company's directors and officers in the event of a lawsuit. This type of insurance can be crucial for small companies, as it can help to protect the personal finances of those in leadership positions within the company. In an increasingly litigious society, having directors and officers insurance is essential for small companies to safeguard against costly legal battles.

Additionally, small company insurance is another important aspect of general commercial insurance that can provide protection for small businesses in Ontario. This type of insurance typically includes a range of coverage options, such as general liability insurance, property insurance, and business interruption insurance. With small company insurance, small businesses can have peace of mind knowing that they are covered in the event of property damage, lawsuits, or other unforeseen events.

Another important form of insurance that small companies in Ontario should consider is builders risk insurance. This type of insurance provides coverage for construction projects, protecting against risks such as theft, vandalism, and property damage. For small companies in the construction industry, builders risk insurance is essential to ensure that their projects are protected from potential threats that could lead to costly delays and financial losses.

In conclusion, general commercial insurance is a vital tool for small companies in Ontario to protect themselves from the myriad of risks that they may face. Whether it be directors and officers insurance, small company insurance, or builders risk insurance, having the right insurance coverage can make all the difference in safeguarding the financial stability of a small business. With the right insurance in place, small companies can focus on growing their business and achieving success, without having to worry about the potential pitfalls that can come their way.

[goldengateconstruction]

How to Plan a Basement Renovation on a Budget in Ottawa?

Renovating a basement can be an excellent way to add usable space and increase the value of your home. However, undertaking a basement renovation in Ottawa can also be costly. With the right planning, you can achieve your desired results without breaking the bank.

Follow our comprehensive guide on how to plan a basement renovation on a budget in Ottawa.

Set a Realistic Budget

Before diving into your basement renovation project, it’s crucial to establish a realistic budget. Begin by assessing your financial situation. Determine how much you can afford to spend without straining your finances. When setting your budget, consider the following:

Total Costs: Estimate the total costs, including materials, labor, permits, and contingency funds (about 10-20% for unexpected expenses).

Prioritize Features: List out what you need versus what you want. Focus on essential elements like insulation, flooring, and lighting before considering luxury features.

Research Local Regulations

In Ottawa, basement renovations may require permits and adherence to local building codes. Research the necessary regulations in your area:

Building Codes: Familiarize yourself with the Ontario Building Code and any local by-laws specific to Ottawa.

Permits: Determine whether your renovation requires a building permit. Projects like adding bedrooms, bathrooms, or major electrical work typically require permits.

Zoning Laws: Check if there are zoning laws that may affect how you use the space (for example, if you plan to create a separate rental unit).

Design Your Space Wisely

Once you have a budget and understand the regulations, it’s time to design your basement. A well-thought-out design can save you money and create a functional space. Consider the following tips:

Functional Layout: Think about how you will use the space. Do you want a guest room, home office, or recreational area? Ensure the layout maximizes the available space.

Open Concept: An open concept design can make your basement feel larger and reduce the need for additional walls and doors, saving on construction costs.

Natural Light: Utilize existing windows or consider adding egress windows to bring in natural light, making the space feel more inviting.

DIY Where Possible

One of the most effective ways to cut costs in a basement renovation is to do some work yourself. Here are areas where you can save money by taking on DIY projects:

Painting: Painting walls and ceilings is a relatively simple task that can dramatically change the look of your basement. Choose neutral colors to make the space feel larger and more inviting.

Flooring: If you’re comfortable with basic flooring installation, consider options like laminate or vinyl planks, which are user-friendly and budget-friendly.

Simple Fixtures: Install light fixtures, shelves, and other simple features yourself. This not only saves money but also gives you a sense of ownership over the project.

Source Affordable Materials

The materials you choose will have a significant impact on your overall renovation costs. To stay within your budget, consider the following:

Local Suppliers: Look for local building supply stores and lumberyards in Ottawa that offer competitive pricing. Sometimes, smaller businesses may have better deals than large chains.

Reclaimed Materials: Explore options for reclaimed or second-hand materials. Websites like Kijiji or Facebook Marketplace often have great deals on used fixtures, furniture, and building materials.

Sales and Discounts: Keep an eye on sales, clearances, and discounts at home improvement stores. Timing your purchases can lead to significant savings.

Consider Energy Efficiency

Investing in energy-efficient features can save you money in the long run. While some upfront costs may be higher, the savings on energy bills can make it worthwhile:

Insulation: Proper insulation can help maintain a comfortable temperature in your basement, reducing heating and cooling costs.

Energy-Efficient Windows: If you plan to replace windows, opt for energy-efficient models that can help reduce your energy consumption.

LED Lighting: Using LED lights instead of traditional bulbs can cut down on electricity costs and reduce the need for frequent replacements.

Hire Qualified Professionals Wisely

While DIY is a great way to save money, some tasks may require professional expertise. If you decide to hire contractors, ensure you choose wisely:

Get Multiple Quotes: Contact several contractors for estimates on the work you need done. Compare their prices, experience, and references.

Negotiate: Don’t hesitate to negotiate pricing. Many contractors are open to discussing costs, especially if you have multiple projects in mind.

Hire Local: Opt for local professionals who are familiar with Ottawa's building codes and regulations, as they can provide valuable insights.

Plan for the Future

When renovating your basement, think about future needs and potential changes. Designing your space with flexibility in mind can save money down the road. Consider:

Multi-Purpose Rooms: Create spaces that can serve multiple functions. For instance, a guest room can double as a home office.

Wiring for Future Needs: If you plan to add technology or appliances in the future, consider wiring for these needs now to avoid expensive retrofitting later.

Stay Organized and Monitor Progress

As your renovation progresses, stay organized to avoid unexpected costs and delays:

Timeline: Create a timeline for the project, setting realistic deadlines for each phase of the renovation.

Track Expenses: Keep a detailed record of all expenses, including materials and labor. This will help you stay within your budget and make adjustments as needed.

Regular Check-Ins: Regularly check in on the progress of the work, ensuring that it aligns with your plans and budget.

Enjoy the Process

Renovating your basement can be a rewarding experience. While it may be challenging at times, remember to enjoy the process and celebrate your accomplishments. As your vision comes to life, you'll be able to create a space that enhances your home and serves your needs for years to come.

Conclusion

Planning a basement renovation on a budget in Ottawa requires careful consideration and smart choices. By setting a realistic budget, researching regulations, designing wisely, and making informed decisions about materials and labor, you can create a beautiful and functional basement without overspending. Remember to stay organized, plan for the future, and enjoy the process, turning your basement into the ideal space for you and your family.

[nicolebutler22]

When running a business in the construction or transportation industry, having access to the right equipment is critical. Whether you need a fleet of vehicles or specialized construction machinery, obtaining them can be a significant investment. This is where financing solutions, such as construction equipment loans and truck leasing, can play a pivotal role in helping businesses thrive. Sacha Financing offers tailored solutions to meet these needs, including truck leasing in Toronto and Ontario, construction equipment loans, and financing options for used dump trucks and trailers. 🌎🌎🌎🌎🌎🌎https://sachafinancing.com/

[cikcapitalcanada]

The Power of Progress: Why Equipment Financing Fuels Business Growth

CIK Capital provides flexible equipment financing in Ontario to help businesses grow and thrive. With competitive rates and personalized solutions, CIK Capital makes it easy for businesses to acquire the equipment they need without draining their cash reserves. Whether you need financing for construction, transportation, or manufacturing equipment, CIK Capital has the expertise to support your business's success. Contact us today to learn more about our equipment financing options.

[if-you-fan-a-fire]

"REBUILD SLUMS ON CITY LANDS BOARD IS URGED," Toronto Star. January 17, 1934. Page 1 & 2. --- New Housing Plans for Toronto Submitted by Large Delegation ---- WOULD MAKE WORK ---- Speaker Claims 15,000 Families Have "Doubled Up" Since Depression ---- "Something must be done and only public bodies can restore the credit curtailed by banks if we are ever to put our men back to work," James Craig, past president of the Ontario Association of Architects, told board of control to-day. He headed a large delegation from architects, building trades, and women's organizations to lay before the board a new housing plan for Toronto.

Asking for $2,500,000 in civic aid to finance the building, Mr. Craig said the plan would pay $2,000,000 in wages, provide cheap housing for 750 families and convert a dead asset in civic lands into a live one.

The expenditure of each $833,000 would have a return value to the city of $1,666,000, he said.

The city was still under-built, he maintained, pointing out that 15,000 families had doubled up here since the depression began. He did not refer to apartment houses.

"There are many slums in Toronto," he said, citing Hon. H. Н. Stevens' challenge to rebuild slum areas.

"Look in behind the city hall and you will find a rabbit warren. Look even in your areas," he urged. "I challenge the right of any landlord to exact rent."

Con. McBride wanted to know what he meant by Mr. Stevens, the minister of trade and commerce.

"Are you questioning Mr. Stevens' statement?" asked Con. Simpson, smiling.

"You just mind your own business, Mr. Simpson?" retorted Con. McBride.

"The construction industry in Toronto is coming very close to the ragged edge," Mr. Craig pointed out. "Since 1929, it has dropped 86 1-2 per cent. When we contrast it with industries protected from 20 to 40 per cent., we realize the members of the building industry are truly the rugged individualists in this country."

Example From England Mr. Craig reminded the board of a recent statement by the ministèr of finance that public works should be restricted in periods of prosperity and encouraged by public bodies during depression.

"That is just exactly what this board has been doing for the past four years," interjected Con. McBride.

Mr. Craig said that in England 2,622,000 houses have been built, at the rate of 147,300 a year, subsidized by the state and local governments.

Mayor Stewart: "I believe in public ownership, but there is a limit. Do you think it is good business for us to take the taxpayers' money and compete with men who make a living from it?"

Mr. Craig: "In, principle I agree, but we have carefully picked building sites in are areas in which there is no speculative building to-day."

Con. McBride: "Do you suggest the city can build more cheaply than the speculative builder?"

Mr. Craig: "In that it can borrow money more cheaply."

Con. McBride reminded him that the city had gone into two previous building programs and was still paying deficits.

Were Not Successful "My view is this should not be a dividend paying proposition," stated Mr. Craig. "It should be a liquidating project."

"As an investor you would judge me by my past performances," Mayor Stewart said, pointing out ventures of this nature undertaken by the city in the past have not proved successful.

The proposals presented were referred to civic officials for a report. Might Involve $2,500,000

The plan submitted by the delegation was that city council vote funds not to exceed $2,500,000 to construct housing for 750 families on 9.983 feet frontage of city-owned vacant property now valued at $554,257. The money was to be raised:

(a) partially by grant and partially by borrowing from the Dominion and provincial governments;

(b) borrowing from the Dominion government under the relief construction program;

(c) borrowing through an issue of debentures, with or without a federal guarantee.

The plan sought the retention of three additional architects by the civic architect's department to look after the general administration of the project and allocate the work among local architects. It also sought repeal of by-law 4547, which demands that all civic building plans be drawn by the architect's department.

There are hundreds of families housed in congested downtown areas, in buildings unfit for human habitation," the brief read. "These properties cannot be condemned because no better accommodation is available in central locations at low cost. Private enterprise has failed to provide decent living accommodation for the $1,000-a-year man with- in easy distance of his place of employment. Proper housing at low rentals, is a social and civic obligation, recognized in England, United States and all through Europe."

[rmlnow]

Gold, Copper, and Growth

Management

John Fiorino Chief Executive Officer & Director

Mr. Fiorino currently sits on the board of several private companies and is currently the president and CEO of Infinite Merchant Solutions Inc. Mr. Fiorino is a Financier, Businessman , Investor and Consultant with over 15 years experience in assisting private and public companies with corporate operations, capital development, financing, and strategic advisory services. He has concluded mining transactions involving Gold and other commodities in North and South America.

Rick Low Chief Financial Officer & Director

Mr. Low has over 20 years of progressive management experience in various industries in Canada and overseas. Mr. Low spent the last eight years in the mining industry and oversaw the finance and accounting function for a gold mining project during its progression from exploration, feasibility, construction and development through to commercial production. Mr. Low has also participated in raising various debt and equity financings and applications for listing on stock exchanges. Mr. Low is also the CFO at PNG Gold Corporation and most recently, Mr. Low was the Director of Finance at Eco Oro Minerals Corp. (formerly, Greystar Resources Ltd.) and prior to that, was Vice President Finance at China Gold International Resources Corp. Ltd (formerly, Jinshan Gold Mines Inc., a subsidiary of Ivanhoe Mines Ltd.). Mr. Low is a qualified Chartered Accountant with the Institute of Chartered Accounts of B.C. and graduated with a B. Comm. degree from the University of British Columbia.

Board Of Directors

Dr. Stewart A. Jackson - Ph.D, P.Geo Director

A longtime exploration specialist, Mr. Jackson has most recently been involved in the acquisition and delineation of major uranium, molybdenum, nickel and vanadium resources in Sweden. He was instrumental in the advancement of the Turnagain nickel deposit of northern BC, Canada from a prospect to a very large nickel deposit. While involved with his public company Crown Resource Corporation, multiple discoveries of gold were made in Washington State, USA; totaling several million ounces of gold; continuing to be produced by Kinross Gold. Dr. Jackson authored several publications, is a member of several scientific and professional organizations, and holds a Professional Geologist Registration in Alberta, Canada. He holds a BSc- University of Western Ontario; MS-University of Toronto, and a Ph.D - University of Alberta.

Gerald Rasch

[donemortgage]

Best Mortgage Rates Ontario for Your Dream Home with Done Mortgage

Looking for the best mortgage rates in Ontario? You've landed in the right place! The journey of securing a mortgage can be daunting, especially when you want to ensure you're getting the best deal possible. Whether you're purchasing your first home or considering a construction mortgage, understanding the options available can help you make informed decisions. At Done Mortgage, we are here to guide you through this process, ensuring you find the best mortgage rates tailored to your needs.

Understanding Mortgage Rates

Mortgage rates can vary significantly based on several factors, including economic conditions, the lender's policies, and your creditworthiness. In Ontario, staying updated on market trends is crucial to ensure you get the best mortgage rates possible. Lower rates can lead to substantial savings over the life of your loan, making it essential to shop around and compare different offers.

Why Compare Mortgage Rates?

Comparing mortgage rates is vital because even a slight difference in the interest rate can impact your monthly payments and the total cost of your mortgage. When looking for the best mortgage rates in Ontario, consider reaching out to multiple lenders, including banks, credit unions, and mortgage brokers. Each may offer different rates, terms, and conditions that could better suit your financial situation.

What is a Construction Mortgage?

A construction mortgage is a specialized loan that finances the building of a new home or major renovations on an existing property. Unlike a traditional mortgage, which provides a lump sum payment, a construction mortgage disburses funds in stages as the project progresses. This arrangement allows borrowers to pay interest only on the amount drawn, making it a cost-effective solution for many homeowners.

Factors Affecting Construction Mortgage Rates

When searching for the best mortgage rates in Ontario, it's essential to understand the factors that can influence construction mortgage rates. These include the overall risk of the project, the lender's assessment of your financial health, and the estimated completion timeline. Lenders may also consider your credit score and previous experience with construction projects when determining your rate.

The Benefits of Working with Done Mortgage

At Done Mortgage, we pride ourselves on our personalized service and expertise in the Ontario mortgage market. Our team is dedicated to helping you navigate the complexities of obtaining a mortgage. With our extensive network of lenders and a deep understanding of the market, we can help you find the best mortgage rates that align with your goals—whether you're looking for a conventional mortgage or a construction mortgage.

Preparing for Your Mortgage Application

Preparation is key when applying for a mortgage. Gather essential documents such as proof of income, credit history, and details about your financial situation. Having this information readily available can expedite the application process and improve your chances of securing the best mortgage rates in Ontario. A well-prepared application signals to lenders that you are a serious borrower, potentially leading to better terms.

Tips for Securing the Best Mortgage Rates

To secure the best mortgage rates in Ontario, consider these helpful tips:

Improve Your Credit Score: A higher credit score often results in better rates. Pay down debts and make timely payments to boost your score.

Consider a Larger Down Payment: A larger down payment can reduce the loan-to-value ratio, making you a more attractive candidate for lower rates.

Lock in Your Rate: Once you find a favorable rate, consider locking it in to protect yourself from potential increases during the processing period.

Conclusion

Finding the best mortgage rates in Ontario is a crucial step in your home-buying journey. Whether you're interested in a traditional mortgage or a construction mortgage, Done Mortgage is here to help. With our expert guidance and personalized service, we can ensure you secure a mortgage that meets your needs and budget. Don’t let the complexities of the mortgage process overwhelm you; reach out to Done Mortgage today and take the first step toward your dream home!

[cmtnew]

Gold, Copper, and Growth

Management

John Fiorino Chief Executive Officer & Director

Mr. Fiorino currently sits on the board of several private companies and is currently the president and CEO of Infinite Merchant Solutions Inc. Mr. Fiorino is a Financier, Businessman , Investor and Consultant with over 15 years experience in assisting private and public companies with corporate operations, capital development, financing, and strategic advisory services. He has concluded mining transactions involving Gold and other commodities in North and South America.

Rick Low Chief Financial Officer & Director

Mr. Low has over 20 years of progressive management experience in various industries in Canada and overseas. Mr. Low spent the last eight years in the mining industry and oversaw the finance and accounting function for a gold mining project during its progression from exploration, feasibility, construction and development through to commercial production. Mr. Low has also participated in raising various debt and equity financings and applications for listing on stock exchanges. Mr. Low is also the CFO at PNG Gold Corporation and most recently, Mr. Low was the Director of Finance at Eco Oro Minerals Corp. (formerly, Greystar Resources Ltd.) and prior to that, was Vice President Finance at China Gold International Resources Corp. Ltd (formerly, Jinshan Gold Mines Inc., a subsidiary of Ivanhoe Mines Ltd.). Mr. Low is a qualified Chartered Accountant with the Institute of Chartered Accounts of B.C. and graduated with a B. Comm. degree from the University of British Columbia.

Board Of Directors

Dr. Stewart A. Jackson - Ph.D, P.Geo Director

A longtime exploration specialist, Mr. Jackson has most recently been involved in the acquisition and delineation of major uranium, molybdenum, nickel and vanadium resources in Sweden. He was instrumental in the advancement of the Turnagain nickel deposit of northern BC, Canada from a prospect to a very large nickel deposit. While involved with his public company Crown Resource Corporation, multiple discoveries of gold were made in Washington State, USA; totaling several million ounces of gold; continuing to be produced by Kinross Gold. Dr. Jackson authored several publications, is a member of several scientific and professional organizations, and holds a Professional Geologist Registration in Alberta, Canada. He holds a BSc- University of Western Ontario; MS-University of Toronto, and a Ph.D - University of Alberta.

Evelyn Avey