About Mississauga's Mississauga

Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.

The global economy has suffered an intense, synchronous recession and considerable excess supply has opened up. There are now increasing signs that economic activity has begun to expand in many countries in response to monetary and fiscal policy stimulus and measures to stabilize the global financial system. However, the recovery is nascent. Effective and resolute policy implementation remains critical to sustained global growth.

The dynamics of the recovery in Canada remain broadly consistent with the Bank's medium-term outlook in its April Monetary Policy Report (MPR). Stimulative monetary and fiscal policies, improved financial conditions, firmer commodity prices, and a rebound in business and consumer confidence are spurring domestic demand growth. However, the higher Canadian dollar, as well as ongoing restructuring in key industrial sectors, is significantly moderating the pace of overall growth

Read More at:

http://www.bankofcanada.ca/en/fixed-dates/2009/rate_210709.html

P.S. These are the good signs ! Do you want to avail this opprotunity of low interst rates and build wealth by investing in Real Estate !

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$284,900 3 Bedrooms. Detached Home With Deep Lot On A Dead End Street/Court..

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Land Transfer Tax applies to all transfers of land in Ontario. First-time homebuyers may be eligible for a refund of all or part of the tax. For agreements of purchase and sale entered into before December 14, 2007, the refund only applies on the purchase of a newly constructed home. For agreements of purchase and sale entered into after December 13, 2007, the refund applies to all homes, whether newly constructed or resale. How much is the Refund? The maximum amount of the refund is $2,000. If the refund is claimed at time of registration, it may offset the land transfer tax ordinarily payable. If not claimed at registration, the refund may be claimed directly from the Ministry of Revenue. No interest is paid on this refund. Who Qualifies? To claim a refund, you: must be at least 18 years of age; must occupy the home as your principal residence within 9 months of after the date of transfer; and cannot have owned a home, or an interest in a home, anywhere in the world. In addition: your spouse cannot have owned a home, or an interest in a home, anywhere in the world while being your spouse; and in the case of a newly constructed home, you must be entitled to a Tarion New Home Warranty. My website: www.greatgtahomes.com

Effective 28 Jan 29 through Jan. 31, 2010, homeowners can claim a tax credit for 15 per cent of renovation expenses between $1,000 and $10,000. The maximum tax credit (on $9,000 in renovations) is worth $1,350.

The Home Renovation Tax Credit (HRTC) is designed to get Canadians spending now to help create jobs in industries typically hurt by an economic downturn.

The tax credit would apply to a variety of home improvements, such as renovating a kitchen, bathroom or basement, new carpet or hardwood floors, building an addition, deck, or fence, installing a new furnace, painting the inside or outside of a house, or laying new sod.

Expenses such as building permits, professional services, and equipment rentals are also eligible. Routine repairs and maintenance will not qualify for the credit. Nor will the cost of purchasing furniture, appliances, electronics, or construction equipment.

Houses, cottages and condominium units owned for personal use are eligible.

FOR DETAILED INFORMATION PLEASE GO TO THE FOLLOWING LINK ...

http://www.thestar.com/News/Canada/article/578414

The Home Renovation Tax Credit (HRTC) is designed to get Canadians spending now to help create jobs in industries typically hurt by an economic downturn.

"Mommy, don't," were the last words she spoke

Mothers day is coming in March but what happend to this mom!

In her final moments, Karissa Boudreau dug her small hands into the frozen ground and struggled as her mother tightened the twine wrapped around her neck.

Read full story at: http://ca.news.yahoo.com/s/capress/090130/national/boudreau_killing

Death penalty is easy for her. She is not only unhuman but it will be insult to animals if we call her animal. Can a mother in the world think of bad for kids ? She should be kept locked in a room with audio of mommy don't !

BUt this is what a kid think about her Mother ! Read this.

If I could give my mom the world
Or anything she wanted,
I'd give her my own heart and soul
And leave my own heart haunted.

I'd take upon myself her life
With all its strife and pain,
And let her ease into some space
Where she could live again.

The pain for me would not be pain,
At least not for a while;
For I'd be doing it for her,
And I would see her smile.

I wish that I could take her heart
And cleanse it with my tears,
And make her sorrow go away,
And answer all her fears.

I wish, I wish, but then I can't,
As I watch helplessly,
And take her in my arms and say
I wish that it were me.

But loving is a hard, hard way,
With all the pain it brings.
And yet there is no other way
To touch the heart of things.