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.
Narrow down which types of responses you would like to see.
Show more types:
Narrow down the conversation to these participants:
Discussions from these authors are shown:
Electoral District (2011):
Electoral District (2013):
@9FY3GSM2yrs2Y
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.
@8ZSJL5B3yrs3Y
Yes, and the tax should be at least 95%
@8TF629D4yrs4Y
Yes, and the tax should be at least 80%.
@8Z7DWC93yrs3Y
Yes, and the tax should be at lest 80%
@8RJ5L744yrs4Y
Yes, the tax should be 70%
@8Q5CJW34yrs4Y
Yes, and the tax should be at least 65%
@8PXK8WV4yrs4Y
Yes and the tax should be 60%
@8P5LGN64yrs4Y
Yes, and the tax should be at least 60%
@8T3R69V4yrs4Y
The government should heavily tax those who own real estate in Canada but do not reside in Canada.
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.
