The Not-for-Profit Corporations Act, 2010 (ONCA) in Ontario, Canada, has recently undergone updates to streamline processes, increase accountability, and strengthen governance within not-for-profit corporations. The amendments bring significant changes, such as simplifying the incorporation process, allowing for profit from commercial activities, providing options for financial reviews, and enhancing members' rights. This article aims to summarize these key changes and their implications for not-for-profit organizations.
It’s always interesting to look at the numbers each month as they come in and see how they compare to the ‘feel’ of the marketplace. The numbers are now in for June and once again they seem to be giving a mixed picture. Let’s start with price.
July 17, 2023
When it comes to homeownership, many of us dream of the day we will be mortgage-free. While most mortgages operate on a 25-year amortization schedule, there are some ways you can pay off your mortgage quicker!
July 17, 2023
Once a year, society sets aside one special day to honour the support personnel that keep our companies running. It’s called Administrators’ Day and it generally falls in the last week of April. It’s a special day for us here at RE/MAX Garden City Realty because our administrative staff are very special indeed. In fact, they are amazing! We’ve taken a bit of liberty with the event by moving it from April to June. And the motivation for that transition is weather.
July 17, 2023
The Money Machine concept is really quite simple. Buy one property a year for ten years. Never amortize for more than fifteen years. And never sell! Simple yes. But not easy.
June 15, 2023
When it comes to buying or selling a house, both parties want to ensure that the transaction is completed successfully. To help ensure the process runs smoothly, the use of a lawyer's trust account is relied upon. Understanding how escrow works is an essential feature of real estate in Ontario.
June 15, 2023
In a dynamic training session on May 9th, we focused on digital marketing integration. Complementing last month's Contact Management System session, our training on kvCORE website development promised to transform agent marketing for beginners and intermediates. Led by Michelle Bruce, our Director of Social Media Marketing & Development, and assisted by Christine Firth, this engaging workshop-style session centred around harnessing the power of kvCORE websites.
June 15, 2023
Many years ago, when I was in my early twenties and living in Montreal, I had a friend, still at home, whose parents were renters. They had always been renters. They always would be renters. One day the dad made a rhetorical statement by saying to me “you take a paper and pen and show me how anyone is ever better off owning than renting.” Of course, he didn’t want to be shown. His mind was already made up. But let’s take his situation and look at it for a minute.
