Archive for November, 2008
Terror in Mumbai vs. Insurance Exclusions
As the siege of Mumbai came to an end, the Ministry of Foreign Affairs confirmed that at least two Canadians had been killed during the terrorist attack, while several others were wounded. (For further details, click here to read the in-depth story by CBC.)
Many among the dead and injured are believed to be tourists. If [...]
Is That Legal…? isthatlegal.ca
Recently I came across a fantastic site called www.isthatlegal.ca. It’s filled with well-written, instructive articles about laws in Canada and Ontario.
I had the pleasure to speak with the author of the site, Simon Shields, on the phone today. Simon is an experienced lawyer practising in Toronto, Ontario. He practises in the area of administrative law [...]
Short-term Gain, Long-term Pain
Lately my cell phone service provider has kept calling me, wanting to give me a free phone. It seemed odd, considering I just bought a brand new BlackBerry several months ago. It turned out that I got a too-good-to-be-profitable deal and the service provider wanted to get out of the contract.
I had locked in a [...]
Landlord Matters
My good friend Paul decided to leave his decade-long relationship and is looking for an apartment ASAP. Being a good friend, I have been checking in on him to make sure he’s OK at this stressful time.
Yesterday he called me saying that he had found a fantastic place downtown. The rent was cheap for the [...]
Buying a House & Making Money off Rent? Think Again.
So your first property is almost paid off, and you think, “Maybe I’ll buy another house and rent it out. The rent can pay for the mortgage.”
Or perhaps you’ve bought your first house and now realize that the market rent is slightly above your mortgage payment. You decide to rent out your new home and [...]
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