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According to Statistics Canada, over ten% out-of Canadians are believed self-employed. Towards purposes of getting home financing, the phrase self-employed only setting this: you’re not on a consistent personnel payroll, that have CPP/EI and you can income tax deducted from your own shell out all of the 2 weeks. You can very own your enterprise and you can spend yourself an income, your paycheck comes from the firm creating adequate earnings to pay your. Fundamentally you da workplace! You call-in ill, you don’t get paid off!

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