Kirby Chan's Blog

A Real Estate Sales Representative Serving Greater Toronto. Search MLS Listings, Find Homes For Sale and Sell Your Home.

Suspension of Parliament


Today Stephen Harper convinced our GG Michaelle Jean to shut down Parliament until mid January. To be honest, I really don’t care if Stephen Harper is Prime Minister or the Opposition Coalition takes over. Just settle it!

A lot of people are really unhappy about the Opposition Coalition that is taking place. Stating that it is undemocratic and how they voted in Stephen Harper but not Stephane Dion. I think the coalition is a good thing, setting Stephen Harper back on track. Canada is Democratic society and not a dictatorship. We as Canadians voted this Minority Government so that the Conservatives can work with the other parties. People will have to agree, the three opposition parties do represent more of the population. I feel the Liberals must be on crack for releasing such a shoddy video of an official statement. Maybe Stephane Dion doesn’t really want to be Prime Minister. But I do know Jack really wants it!

So how does this impact us? This morning the TSX had a 187 point gain. After the announcement, it’s now down 12 points. I recommend bracing for the worst. Because that way, we can’t lose. If the ecomony worsens, we are ready and if the ecomony recovers, than we are in a good postion to benefit.

This is however a great time to move on up, if you have the money. Selling a smaller condo/house now and moving into a larger condo/house will benefit you when the market rebounds.

For anyone that is looking to buy a property for long term, than this is the time to buy. Shopping for a property now will put you in a great position as you look for good deals in the market. I have already seen some good deals around town that I have recommend my buyers to consider. A lot of investors are unloading and it’ll only benefit you as a purchaser.

For anyone that is selling, there is no need to worry if you are purchasing a replacement. If you sell low, you’ll buy lower, right? There are some people that are selling their homes and renting. I do not recommend this method, because these people are trying to play the market. Essentially, they are gambling. Your house is your greatest asset, I would recommend keeping it that way

Are you thinking of Buying or Selling a home and would like to discuss your options?
Contact Me, Just Click Here
or call me directly at (416) 305-8008.

Kirby Chan
Sales Representative
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Keller Williams Real Estate Service
17 Church Street, North York, On

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Author: Kirby Chan

I am a Real Estate Sales Representative servicing the Greater Toronto Area.

2 thoughts on “Suspension of Parliament

  1. Good analysis. Keep up the good work bro!

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