Should the government impose a 1% tax on real estate owned by non-residents?

if the real state isn't being housed or maintain a tax should be imposed

I believe that if you simply don't live in Canada, nor are a permanent resident, and or on a student and work visa, you shouldn't be able to purchase property above a certain amount as it simply isn't fair to Canadians who live here and can't afford or purchase a house due to this.

Non-residents who have lived here a certain amount of time should be able to purchase a home without penalty as long as they choose to live in the home and not rent it out.

Yes and the tax should be at least 50%

Yes, but only on citizens within the 1 percent of the wealth bracket

Abolish money

The government should impose a tax on all privately-owned land, regardless of whether its owner is foreign or Canadian, and it should be higher than 1%.

No, because those real estate owners will increase the rents to cover those tax fees, resulting in even higher rent payments

No, abolish foreign ownership instead except permanent residents who can get one primary residence they have to live in.

No, but we should have a vacancy tax, if a person or business does not put a building to use, within some amount of time we should slowly impose vacancy taxes and consider seizing the asset for public use.

Yes, abd the tax should be at least 50% to deter purchasing of Canadian homes by foreign investors. Current foreign investors should be forced to offload ownership of anything over 2 properties. .

Yes, so long as the funds go back into first-time home buyers or other programs/incentives for Canadian home buyers.

Yes this is very important and infraction i think it should be more because if they have enough money to buy two houses in this day and age of canada t heir obviously wealthy enough to be able to pay taxes and the taxes from this should be going back to the people not the priminister

I would consider reviewing the impacts of tax often in your free time to research and adjust your judgement of the policy as needed based on the efficiency and evolving dynamics of the housing market, but a 1% tax on real estate possessed by non-residents can prove to be a solution to challenging housing in Canada, it should be meticulously reminded to address specific local needs, also a mix in other policies aiming to improve affordability in housing and market stability.

The tax should be higher but for non-citizens who are non-residents NOT simply non-residents. If you have been a law abiding citizen and have to move for work or choose to move to another country, you should not pay the high tax. Laws need to be realistic about modern work and life. Many people move in and out of a country due to work, education, retirement, family demands, etc…

Yes, foreign buyers should be banned from buying homes in Canada if they do not reside in Canada full-time.

Yes, and the tax should be at least 10% and current residents should receive a rebate or reduced taxes in return.

Yes, and the tax should be at least 20% Plus a temporary ban on real estate purchases made by non- residents

Tax imposed based on frequency of buy + sell ... to ding speculators, who are driving the prices up.

No, this is retarded, and whoever made this should hang themselves, We shouldn't have a government, neither should the quebecers have when all their people are gone.

No, a real estate tax should only be applied to people who own more than two homes whether or not they are non-residents or citizens

If you are not a citizen or planning to live in Canada you should not be able to buy real estate here.

Yes, people should not be able to own more than one home. You should also not be able to rent it out for-profit.

The problem is that the foreign buyers have their PR. They don't show up properly.

Only if there is no regular habitation during the year. For example as as a summer home.

Neither is true. While taxing non-residents is one tactic for one part of the problem, there is no simplification of a housing market that can be solved by a one dimensional solution.

Yes, and the tax should be enough to dramatically threaten the profit of landowners without fail. 50%<

After the economy improves then we can, however with the housing crisis and other such problems it is not currently fisable.

No, but the amount of real estate a foreigner should be able to own should be limited

Start with a staggering tax so there is a. Fire sale. Once the housing market begins to equalize, decrease the tax according to the supply and demand.

Abolish private property

Real estate should not be able to be owned by non-residents.

Foreigner buyers shouldn't be allowed to make buying houses more expensive for Canadians.

Non residents should not be allowed to own real estate until they have citizenship

Yes, but only foreign non-residents

Yes, taxes should be adjusted with in accordance to the demand of housing.

No. That is inhumane to punish any living being for living in a house

stop taxing poor citizens who work hard inforce more taxes on richer people, i dont think that if you make less than 90,000$ a year u should be taxed

If by non-residents you mean landlords and companies who own apartment buildings, then not until there is government regulated rent control. By taxing them more, they will make up that money by charging their renters to pay for the tax increase and therefore hurting households that have low incomes. WE NEED RENT CONTROL!

We should be able to investigate if these properties are vacant or not and apply it only for vacant properties and it should be higher.

The existence of a real estate market in itself leads to wealth inequality and creates a power imbalance between those who own property and do not. The problem is not who owns the land, but that the land is owned in itself.

They should not own land in another country unless they are a resident of that country or are a citizen of that country.

No ownership of Canadian real estate by non-residents. Must maintain a Canadian corporation with an office, employing at least one Canadian citizen.

Depends on what you mean by non-residents, as asylum seekers/refugees, consulates/diplomats and ambassadors, as well as NGOs, and so forth could all be seen as foreign, but provide an important service to this country.

For residential homes no tax should be imposed however if a non resident sets up a bussiness a tax of 20% should be imposed

The government should impose a 10% tax on everyone living in Canada unless they have been living in Canada as a citizen for over 20 years.

Yes, and the tax should be at least 70%

Yes, and the tax should be at least 95%

Yes, and the tax should be 100%

Yes, and it should be 50%

Yes, and the tax should be at least 80%.

Yes, and the tax should be at least 2%

Yes, if they are wealthy

Yes, and the tax should be at least 50%

This tax seems like a good idea, but I think it could be higher.

what does that mean

Yes, including people from out of province specifically. Ontario homebuyers in NB for instance

Yes, and no

I believe a person wants to buy a house in another country they should pay the tax for the house in that country

Foreigners should not own real estate

ONLY if the house vacant

Yes, but for those who don't pay taxes, or entities that operate outside of Canada.

No, unless there is a record of flipping properties. A higher tax on revenue generated from the property should be imposed, however, along with a caveat that some percentage of the property(ies) owned be allocated to low income earners.

i think taxes should not change as it was because if its lowered then we get less benefits from the government

No, the owners will just end up increasing rent prices

Non ho capito bene

it should be based on income

this is my own stance

Yes, If the non-residents are corparations. The tax should be 1-5 depending on the size and wealth of the corparation.

Only on those who own more than four houses.

I don't get what this means

I donr know

tax but less than 1%

Is 1% tax really going to help?

yes because it is a luxury to have a second house

Yes, and they should mandate that unoccupied domestic properties be made available to rent for reasonable rates.

No, Government should be reducing overall tax burden

Only if the real estate is unoccupied, and apply the same to residents.

Yes, only if they keep the estate vacant, the tax should be at least 10%

I'm chill with it now

Yes, but only tax Corporations that own real estate.

i don’t care

No, because charging non-resident homeowners more would cause rent to increase.

Yes but only if the non-resident has a high salary.

Add a tax for people who own many homes but only live in one, and attempt to prevent "house flipping" to help reduce real estate prices and make housing more accessible.

Non résidents shouldn't be allowed to buy real estate

Yes, but not for those making over $120K/year

A tax should be placed for real estate of 15-30% depending on the company itself.

Real estate should not be owned by non residents

Yes, for those not residing in Canada

it depends on the reson

Yes, but don't tax those that are permanent residents ect. Have a higher tax for people that are not guarenteed to stay.

Yes, but I am unsure of what rate would work best

Yes, but it should depend on many things. If it's someone who's clearly speculating, and sitting on the property because of it's value, and has no intention of moving to the residence, then they should be subject to the tax, or an even higher tax depending on their income. If it's someone who is a refugee fleeing conflict, a non-permanent resident, someone who has claimed asylum, a foreign diplomat/consulate of another country, or even a international high school/university or college student, they should not be subject to the additional tax, as they have the potential to become citizens, but also can add great value to this country.

Yes, the tax should be at least 40%