Wednesday, September 21, 2011

FIGHTING FOR MANITOBA HOMEBUYERS!


With less than two weeks to go, WinnipegREALTORS® is urging its 1600 members and the public to ask candidates running in the October 4th provincial election where they stand on the land transfer tax. 

President Ralph Fyfe is on the airwaves with the following message. 

Since it was first introduced in 1987, the land transfer tax has been a convenient source of additional income for the province... and an increasingly inconvenient cost for homebuyers!

Manitoba now has the highest land transfer tax rate in the country... the impact is ten times what it once was …and since the tax must be paid before a title is transferred, it’s become an increasingly unreasonable burden for people buying a home.

Ask your candidates where they stand on this tax grab.

Moreover, if you click on the image below it will take you to a number of comparables showing just how much more a homebuyer pays now in land transfer taxes for the same home purchased in 1987. One excellent example is a home built in 1904 in St. Boniface that sold for $75,500 in 1987 and $266,000 in 2010. The land transfer tax increased 1305 per cent from $227.50 in 1987 to $2648.00 in 2010. While at this site, check out some of the comments of the home buyers. Leaving the tax “as is”, is the furthest thing from their minds.
It is now quite evident that the land transfer tax needs to be adjusted so it is more revenue-neutral as originally intended. At minimum, WinnipegREALTORS® is asking the main political parties to commit to an examination and open public review of its original intent, purpose and impact as part of the 2012 budget process. 2012 will mark 25 years of no changes, aside from increasing the highest land transfer tax rate threshold of 1.5 per cent to 2 per cent in 2004 for any amount over $200,000. Manitoba home buyers deserve to have a say.

IT’S TIME FOR A CHANGE!

Thursday, September 15, 2011

‘Winnipeg Destiny’ comes full circle with Jets’ return



ROY MACGREGOR
WINNIPEG
From Wednesday's Globe and Mail

Workers prepare to move the 3,500-pound bronze Timothy Eaton statue to the second floor atrium area of the MTS Centre near the corner of Portage Ave and Donald St in Winnipeg, Wednesday, April 21, 2004. The statue will join two large bronze memorial plaques that commemorate the 315 Eaton's employees who died in the First World War and the 263 who died in the Second World War.

This city had all the luck it needed earlier this year when the NHL decided True North Sports & Entertainment could go ahead and purchase the Atlanta Thrashers and relocate the foundering team to Winnipeg as the reborn Jets.
The Jets left Canada 15 years ago in search of a better facility than the old Winnipeg Arena and will return to a much superior facility in the downtown MTS Centre, where the 1,360-kilogram statue to the founder of the once-great, now-defunct department store chain now sits in one of the rink’s corridors.
Winnipeg Jets unveil uniforms
The huge statue’s left toe shines as bright as brass where, over the decades, Winnipeggers have polished it with touches in hope of good fortune coming their way.
It was Timothy Eaton who revolutionized Canadian retail with his motto “Goods Satisfactory or Money Refunded” – something that will not likely come into play at the MTS Centre for some time to come.
Season tickets, it is said, sold out in a matter of seconds last June when they were offered to the general public – though it took nearly 20 minutes for the computers to process the transactions. The waiting list for future season tickets mushroomed so quickly True North had to cap it at 8,000.
It has been a case, CJOB sports director Bob Irving told listeners Tuesday, of unconditional “love” for a team that many believed had been lost forever 15 years ago. This total embrace by Manitoba fans suggests that there are neither high nor low expectations, but rather no expectations at all. It could be years, Irving thinks, before anyone will even think to criticize whatever the results are to be for this team of largely unknowns that will open training camp on Saturday.
Even despite the massive floods of this spring and summer, 2011 is going down as a year of triumph for this city once known as “The Bull’s Eye of the Dominion.” In recent decades, Winnipeg has seemed to be quickly overlooked compared to economic bull’s eyes farther to the west, Calgary in particular.
It is with sweet coincidence, perhaps, that the 2011-12 hockey season will fall on the centennial of Winnipeg’s previous great moment in the sun, 1912.
That glorious time, a mere two years before the First World War, is considered Winnipeg’s “High Noon” – a time when anything and everything seemed possible for this community built around the confluence of the Red and Assiniboine rivers.
“All roads lead to Winnipeg,” claimed the Chicago Tribune of the day. And indeed it seemed they did. In merely 40 years, according to Winnipeg 1912 author Jim Blanchard, the community had grown from a mere village to Canada’s third-largest city. In the previous decade, the population had tripled to 170,000, with many believing it only a matter of time before it reached a million.
The place had a swagger that largely disappeared until the football Blue Bombers roared off to a 7-1 start to this season (a swagger somewhere diminished as they lost their next two matches). The city in 1912 was Canada’s most cosmopolitan as well as its youngest, with the great majority of its people under the age of 40. It was a city bustling with life and activity.
And the people believed in their community, erecting twin arches to the entrance that shouted out “prosperity” on one side, “progress” on the other. “We Canadians all believe,” said Dominion Magazine, “that 1912 will be the greatest year so far, in the history of the City of Winnipeg, of Western Canada and of this Dominion.” They called it “Winnipeg Destiny.”
But it wasn’t quite to be. War, shifting economies, changes in transportation and competition from other centres eventually meant “destiny” wasn’t going to be quite the way they envisioned it back in 1912.
But perhaps they were merely a century ahead of themselves.
Today’s Winnipeg is not the “Winterpeg” of snide Eastern jokes. Perhaps because so much of its commerce is underground its new prosperity has somewhat passed notice. Things, however, have been looking up lately – none so spectacularly as in the huge crane putting together that fascinating Rubik’s Cube of architecture that will become the Canadian Museum of Human Rights down by the shops and restaurants of the charming Forks.
There are new parks, new malls and construction about to begin on a huge new IKEA outlet – the middle-class’s ultimate measure of well-being. A new airport, a new football stadium and an improved convention centre are next on the list.
“When are Canadians going to realize that Winnipeg is more than floods, mosquitoes, homicides and winter winds?” Tom Ford asks in an op-ed piece in the Winnipeg Free Press.
Perhaps the hockey team will help.
There is, beyond doubt, a buzz in the city as the home opener – Oct. 9, versus the Montreal Canadiens – approaches. Even a meaningless victory this Monday by the Jets rookies in an exhibition match held in Penticton, B.C., gets front-page coverage. “Dream Debut,” lauds the Sun following the youngsters’ 4-0 win over a team of San Jose Sharks prospects.
“For several months now it’s been Jets, Jets, Jets,” says Rick Lefort, manager of Uptown Sports Cards & Collectibles in Portage Place Mall.
The official team jerseys will not even go on sale until early October and yet T-shirts and caps with the new team logo on are doing a brisk business.
“I’d give it a 9.5 out of 10 for excitement,” says Lefort. “But it’s going to be a lot higher once people are actually back in their seats.”
Timothy Eaton would be impressed.


Goods satisfactory – and not even yet delivered.