Interested in finding out more about the Government of Canada 
Home Renovations Tax Credit??

Go to:  http://www.cra-arc.gc.ca/gncy/bdgt/2009/fqhmrnvtn-eng.html#q9

Want more information on:

RRSP HOME BUYERS PLAN

http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/hbp-rap/menu-eng.html  

Please follow the link to the Canada Revenue Agency website to find more information on the RRSP Home Buyers Plan (HBP)

Creb Talk - Calgary Real Estate Board
Volume 20/Issue 8/February 27, 2009

LAND TRANSFER TAX: DEFEATED
The City of Calgary has dropped its plan to introduce a land transfer
tax originally proposed as an initiative to cover the costs of affordable
housing.
On Monday February 23, 2009 the council narrowly squashed the
consideration of a 1 per cent home buyers’ tax in a vote 8-7.
Just prior to the vote the Calgary Real Estate Board’s Governmental
Affairs Committee in collaboration with the Alberta Real Estate
Association sent a letter to Mayor Bronconnier and the city’s
aldermen stating their opposition to the tax.
“A land transfer tax is an unfair tax. It is essentially a home buyers’
tax and singles out a select group of individuals for taxation. It asks
home buyers to pay for municipal services which benefi t the entire
community,” wrote Calgary Real Estate Board President Bonnie
Wegerich in the letter.
“At a time when we are faced with a need for affordable housing,
this tax would only compound the problem and further burden an
economy under pressure,” added Wegerich.
Following its defeat the Board received a number of emails from city
aldermen confi rming receipt of the letter and their own opposition
to the tax.
The Calgary Real Estate Board will continue to monitor this
issue, and take further action should the need arise. The Calgary
Real Estate Board would like to thank the Governmental Affairs
Committee and the Alberta Real Estate Association for their ongoing
work on this important issue.