Pemberton Market Updates


May 2024

Canadian Inflation (April 2024)

Posted on May 21, 2024 in General

Canadian Inflation (April 2024) -May 21, 2024

Canadian prices, as measured by the Consumer Price Index (CPI), rose 2.7 per cent on a year-over-year basis in April, down from a 2.9 per cent increase in March. Month-over-month, on a seasonally adjusted basis, CPI rose by 0.2 per cent in April. The deceleration in headline CPI was driven by softening f...

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Underused Housing Tax (UHT)

Posted on May 21, 2024

On January 1, 2022, the Government of Canada introduced the Underused Housing Tax (UHT) with the intended goal of helping to cool down Canada’s housing market.

The Underused House Tax is an annual 1% tax on residential property owned by non-resident, non-Canadians that is deemed to be vacant or underused by the Canadian Revenue Agency (CRA). There a...

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House Insurance

Posted on May 07, 2024

Homeowners insurance is a crucial financial safeguard that protects your home and belongings from unforeseen events. While it's a necessity, the cost of homeowners insurance can vary significantly based on several factors. Understanding these factors can help homeowners make informed decisions and manage their insurance costs effectively.


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