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If you are interested in learning how to get a mortgage for commission-based income in Canada, this article is for you. We’ll discuss all the ins and outs of commission income mortgages below, so that if you’re serious about buying a home in the next few years, you can start planning now.

Living in Canada? Making income from listing an Airbnb property? Here’s all you need to know about taxes and mortgage options for short-time rental property owners.

Recently, Airbnb made it even easier for Canadians to rent out an extra room in their home or maintain a vacation property in full-time rental mode.

However, as lucrative as short-term rental income might be, there are several income taxes and regulations to bear in mind.

As of 1 January 2023, Canada bans foreign home buyers, a move aimed at curbing unproductive foreign ownership and bringing down housing prices across the nation.

The foreign buyer prohibition, which is supposed to expire in 2025, has been met with mixed reactions from people across the country as some favour the move, and of course, others oppose it. This is just one of several housing policies adopted by the government, including a 10-year national housing strategy and new investments for low-income Canadians.

Despite high real estate prices, ineffective regulation, and a lack of unbiased info, Canada continues to attract a large volume of real estate deals even following the Covid-19 pandemic. But with so many buyers investing in a wide range of residential, commercial and industrial properties, can Canadian non-residents get a piece of the pie too? In today’s blog we’ll discuss what mortgage options non-resident buyers have in BC’s current housing market.