Chris Morris is a real estate sales representative with RealtySource Inc., brokerage, in Kingston, Ontario. He is also the sales representative for Admirals Walk Condominiums at Commodore's Cove.

Friday, May 9, 2008

FINTRAC

Over the next few weeks, you will hopefully be hearing about some changes to FINTRAC (Financial Transactions and Reports Analysis Centre of Canada).
While we've been obligated for some time to report any cash received over the amount of $10,000, for some reason we've never had to ask for identification before.
So, if you buying or selling anytime after June 23, a few things will be a bit different - you can read about them here (it's fascinating stuff!)

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