Blog tagged as Real Estate Finance

Understanding MIP Tax Rules in Canada: What Homeowners Need to Know

01.17.2025 12:26 AM - By Satish Kumar - Comment(s)

Mortgage Insurance Premium (MIP) tax rules are an important consideration for Canadian homeowners in 2025. Understanding these rules can helphomeownersoptimize their financial planning and potentially reduce their tax liabilities. 

MIP is often associated with high-ratio mortgages, where the dow...