In 2019 Prime Minister Justin Trudeau proposed a 1% tax on resident non-Canadians. The proposal’s goal is to prevent foreign buyers from driving up the cost of real estate for residents. British Columbia currently levies a 2% speculation tax and Ontario levies a 15% tax. Opponents argue that the current spike in real estate prices is due to the strong domestic economy instead of investments from foreigners.
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@9BZ2BPD2yrs2Y
Yes, including people from out of province specifically. Ontario homebuyers in NB for instance
@96BJF8N2yrs2Y
Yes, and they should mandate that unoccupied domestic properties be made available to rent for reasonable rates.
@967SJS3New Democratic2yrs2Y
Yes, but only tax Corporations that own real estate.
Government should fund low income housing to make rent more affordable for the middle class. Or put a cap on how much landlords can charge for rent
I do not understand this.
@8SHVZDW4yrs4Y
i dont have a preferance
@8J8TFDJ4yrs4Y
not on small independent businesses
Yes, and people should only be able to purchase one house.
@92Z7NFF3yrs3Y
yes, if their property value is over a certain amount or they have a certain level of wealth
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