On May 19th I had knee replacement surgery and the recovery is slow but sure and I will be at it again full time the first week of August. In the meantime,  I am extremely grateful to our team, headed by Mikki Fish, that has kept our solutio ns to your real estate and mortgage needs moving. Thanks Mikki, Gus and all the rest of you. Rehabilitation from this type of major surgery offers lots of time for thought and reflection. Here are a couple of comments- My Mom (93) has not been well so helping and listening to her makes me realize how we all must never take anything for granted and be constantly learning. Second, our health and time are finite so we should treat them accordingly. My final comment centres on our governments, not to be critical for sake sake of crticism but to offer an observation. They just don't seem to get it. There seems to be some sense of arrogance and entitlement, in Toronto and Ontario that most of this silent majority needs to speak to so their voices can be heard. We live and work in Toronto where a garbage strike has stopped daycares, swimming pools, ferries to the Island and where our parks are being used as temporary garbage dumps during the summer, even along the Sunnyside waterfront where they have used parking lots leaving people no where to park when visiting the beach. The city even had to cancel their Canada Day activities. And if that's not enough, the provincial government is quietly sneaking another tax on us that will have profound effects on real estate and many other things we buy. If you choose to not take things for granted, read on. If not that is okay. Enjoy your Canada Day and have a great summer. Regards, Rob

Petition against the new HST (Harmonized Sales Tax)

THANK YOU  DALTON MCGUINTY

A Boomer Wealth Coach Analysis

Was the Liberal Budget presented to Ontario on 26 March 2009, a tax grant or a tax grab? Depending on whose politics or what lobbyists you believe, the answer will be GRANT! Or GRAB! .....  Or somewhere in between.  

Our staff did something different. We read the Budget document, called the Ministry Office for details, and added up the numbers.  Then, we looked at the results as to how these proposals would affect the retired, or soon to be retired.  It tired us out!  

Our Report follows.  We would encourage you to forward this Report to friends and family. 

THE TAX GRAB =   8% more for NOTHING more

Seniors living in retirement enjoy a lifestyle different than the one they lived while at work.  In retirement, to be active, often means paying a fee, a membership, an admission, a subscription or for costs for travel, etc.  

We have calculated that the impact of this Liberal Budget will be more costly for Ontario seniors than anyone has reported.

Consider a retired couple, receiving total retirement income of $41,400 after tax per year, healthy enough to enjoy some comfort in retirement.  

Many of the items used on a daily basis will now be subject to an 8% cost increase, because of the new harmonized sales tax introduced by the Liberal government in this 2009 Budget.

Look at just a few of those items that will cost more per year, without getting any more for your money:

  • Cable TV:  if $60 monthly, yearly increase is $57.60 more.
  • Golf Fees:  if $1,500 yearly X 2, yearly increase is $240.00 more
  • Gym Membership:  if $35 month X 2, yearly increase is $67.20 more.
  • Hydro:  if $85 monthly, yearly increase is $81.60 more.
  • Haircuts:  if $450 X 2 annually, yearly increase is $72.00 more.
  • Heating Fuel:  if $800 annually, yearly increase is $64.00 more.
  • Internet:  If $65 monthly, yearly increase is $62.40 more.
  • Income Tax Prep. If cost is $150 X 2, yearly increase is $24.00 more.
  • Legal Fees:  for wills, P.of A., advice, etc. Add 8%, $32 more.
  • London Knights tickets : 4 games X 2, yrly incr. Is $11.52 more   (note Senior Season Ticket $484 X 2, yearly increase is $77.44 more)
  • Magazine Subscription:  $25 annually X 4, increase is $8.00 more
  • Movie Tickets:  one per month X 2, yearly increase is $16.32 more
  • Newspapers Subscription: $20 monthly, yrly incr. Is $18.91 more
  • RRIF/RRSP**: $400,000 family savings, yrly incr. $1,040.00 more.
  • Telephone: if $48 monthly, yearly increase is $46.08 more
  • Tim Hortons Coffee:  3 per week X 2, yrly increase is $41.18.
  • Toronto Theatre: 2 X $150 ticket, yrly increase $24.00
  • Vacation Travel: $450 airline ticket X 2, yrly increase $76.00 more
  • Veterinarian:  Beagle is Family!  Add $32.00 more.
  • Vitamins: $60 monthly X 2, yrly increase $115.20 more

Are you ready for the TAX KICK coming?

For just these listed items:

NEW TAXES TOTAL OVER $2,100.00 MORE 
Every year

Go to this website to sign a petition against the new HST (harmonized sales tax):     www.unfairtaxgrab.com

THIS TAX IS COMING IN 2010 IF WE DON'T STOP IT !!!