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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@9JWZHWW1yr1Y
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
@9FKML6F2yrs2Y
No, but the amount of real estate a foreigner should be able to own should be limited
@8WCZ7FV3yrs3Y
yes because it will be cheaper.
Real-estate should not be owned non citizens.
@8TZ3WR84yrs4Y
Yes and the tax should be at least 5%. I would like to see the 5% in tax go towards helping Canadian citizens purchase their own homes and go towards helping landlords and/or companies in the residential rental business to help build new residential rental properties. Also I implement a plan to work with these landlords to work with Canadian citizens that are renting to help them purchase their own homes via an RTO (rent to own). We as landlords can helps the government and people as a whole in purchasing their own homes. The best way for this to happen is for private companies (landlords), the government, and the people who want to buy a home but can’t to all work together to achieve this collectively. A home owner is a happier citizen, and feels more secure, proud and is more productive.
@8TWHVDZ4yrs4Y
Yes but 100% should go back in to the municipality or county.
@8TH8NY24yrs4Y
I don't think we should penalize individuals who own one house, but there should be stiff regulation and taxes for private equity or mass purchasing to be slumlords
@8R6LYW64yrs4Y
What ever we normally pay as residents
@8DYQ9WK5yrs5Y
No we shouldnt have to pay taxes
@9BRFWM4Conservative2yrs2Y
In my opinion I say that it depends how long they are there.
@99NH9YM2yrs2Y
@98KC6T32yrs2Y
i love men they so cute and sexy
@9875HZK2yrs2Y
Don't have a stance on this as of now
@8WPCX4T3yrs3Y
Yes if they own the land then they should pay more
@8FZFSPW5yrs5Y
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