The Bank of Canada recently announced its third interest rate cut of 2024, reducing the overnight rate by 0.25%, bringing it to 4¼%. A fourth cut is expected later this year. For homebuyers in British Columbia, this change can offer more affordable borrowing opportunities, but it’s essential to consider additional factors beyond just interest rates […]
Bank of Canada’s Third Rate Cut: Impact on BC Real Estate Read More »
The Bank of Canada’s recent decision to cut its key lending rate from 4.75% to 4.5% marks another significant shift in monetary policy, providing a much-needed reprieve for homeowners and potential buyers. This rate cut continues the trend of easing monetary policy and brings immediate financial relief and new opportunities for those looking to buy
How Homebuyers Can Benefit from the Recent Bank of Canada Rate Cut Read More »
As the deadline for property tax payments approaches in British Columbia, homeowners need to be aware of the Home Owner Grant. This valuable program can significantly reduce the amount of property taxes you pay on your principal residence. Whether you live in a bustling urban center or a serene rural area, this grant is designed
Maximizing Your Home Owner Grant: Reducing Your Property Taxes in BC Read More »
As a law firm specializing in conveyancing services, we recognize that tax law changes can significantly impact your real estate transactions. With the 2024 federal budget proposing changes to the capital gains tax inclusion rate, it’s essential for buyers and sellers to understand these implications. Here’s a breakdown tailored to your real estate needs. What
Capital Gains Tax Changes 2024: Implications for Real Estate Transactions Read More »
Are you considering investing in Canadian real estate? The recent press release from the Bank of Canada offers valuable insights that could shape your decision-making process. Let’s start by understanding what the Bank of Canada recently announced before delving into its implications for potential property buyers. The Bank of Canada has decided to maintain its
The Bank of Canada made an announcement this week, adjusting its target for the overnight rate to 4¾%. The Bank Rate now stands at 5%, and the deposit rate mirrors the overnight rate at 4¾%. This move comes alongside a continuation of its policy on quantitative tightening. Internationally, consumer price inflation is showing a downward
Northam Law is a boutique law firm located in the beautiful Kitsilano neighbourhood of Vancouver.
(604) 630-2350
Melissa has 8+ years of combined Commercial, Business and Contract Law experience as In-House Counsel in manufacturing, health, real estate development, and broadcast communication industries. She is instrumental in developing strategies to minimize legal risk and ensure regulatory compliance.
She has 6+ years of Human Resources Management experience and a Chartered Professional in Human Resources (CPHR) designation. Her practice includes Family Law, Civil Litigation, Wills & Estates and Real Estate & Conveyancing.
For fun, she visits ancient sites and ruins and belts out popular Broadway tunes.
Northam Law is a boutique law firm offering advisory services in Real Estate Law and Conveyancing, Business Law, and Human Resources. Our practice areas also include Wills & Estates and Family Law. Notarization services are also available.
