📢 Bank of Canada Cuts Interest Rate to 3% 📢 On Wednesday, the Bank of Canada lowered its interest rate by 25 basis points, bringing it to 3%, citing concerns about a potential trade war with the U.S. that could stunt economic growth in the years ahead. 💡 What Does This Mean for You? 

🏠 On an $800,000 mortgage at 3%, your monthly payment would be $3,364—a significant saving compared to higher rates. 💰 Lower interest rates may present great opportunities for homebuyers and those refinancing their mortgages. 

⚠️ But Caution is Key: With economic growth uncertainty and potential tariffs on the horizon, be mindful of overspending and consider securing your financial future. At Concierge Realty Group, we're not going to sugarcoat it, we're here to help you navigate the real estate market in these changing times. Let’s explore how you can make the most of today’s rates without overlooking tomorrow’s risks.

 Wasim Jarrah, Broker, FRI

 eXp Realty Concierge Realty Group

 ☎️416-899-5566 

🔗www.getconcierge.ca 

📧[email protected]

2025's first AWESOME grant is fueling innovation with the NHS Phoenix Robotics Club, a talented group of students from grades 9-12 who design, build, and program robots to compete in provincial competitions! With five teams in action and some heading to provincials next month, they’re showing us all what determination and creativity can achieve!

What is the Awesome Foundation?

The Awesome Foundation is a global community advancing the interest of awesome in the universe, $1000 at a time.

Each fully autonomous chapter supports awesome projects through micro-grants, usually given out monthly. These micro-grants, $1000 or the local equivalent, come out of pockets of the chapter's "trustees" and are given on a no-strings-attached basis to people and groups working on awesome projects.

 Pictured with the team are trustees Chris E., Maria Ciaralindini, Juliane Goyette, Jackie Playter, Lynnette Lanning, and Wasim Jarrah. (Missing: Kristin Burns, Vicki Sparks, Samantha Timbers, Tim McClure, Hollie Hoadley, and David Faingold.)

Ontario homeowners, get ready to save big on energy-efficient upgrades! Starting January 28, 2025, the provincial government is offering rebates of up to 30% on home renovations that improve energy efficiency, such as insulation, windows, and appliance upgrades. This new initiative is part of Ontario’s push to help residents reduce their energy consumption, lower utility bills, and contribute to a more sustainable future.

What’s Included in the Program?

• Insulation Upgrades: Receive rebates for improving attic, wall, and basement insulation.
• Window/Door Replacements: Rebates for upgrading to Energy Star windows, reducing heat loss.
• Energy-Efficient Appliances: Get rebates for appliances like refrigerators, dishwashers, and washers.
• Income-Based Assistance: Low-income households may qualify for additional support or free upgrades.
• Battery Packs
• Rooftop Solar Panels

How to Apply

1. Schedule a Home Energy Audit: Before starting your upgrades, book an energy audit to identify the best improvements for your home.
2. Complete Your Upgrades: Install insulation, replace windows, or buy Energy Star appliances.
3. Apply for Rebates: Submit receipts and necessary documentation to receive up to 30% back on eligible costs.

Why Should You Apply?

• Save Money: Reduce heating, cooling, and electricity costs.
• Increase Home Value: Energy-efficient homes are more attractive to buyers.
• Environmental Benefits: Lower your carbon footprint while upgrading your home.

The program kicks off on January 28, 2025, so get ready to start saving! For more details and to check eligibility, visit the official Ontario government website.