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.
Statistics are shown for this demographic
Response rates from 758 Cultus Lake 176 voters.
88% Yes |
12% No |
52% Yes |
12% No |
31% Yes, and the tax should be at least 10% |
|
3% Yes, and the tax should be at least 20% |
|
2% Yes, and the tax should be at least 5% |
Trend of support over time for each answer from 758 Cultus Lake 176 voters.
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Trend of how important this issue is for 758 Cultus Lake 176 voters.
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Unique answers from Cultus Lake 176 voters whose views went beyond the provided options.
@8CB9T9M5yrs5Y
Do not know enough about the subject to make a meaningful stance
@8FZ93WY5yrs5Y
if the real state isn't being housed or maintain a tax should be imposed
@8PYW5324yrs4Y
Yes and the tax should be at least 50%
@B46V7MR4wks4W
The question would do better to read non-citizens, not non-residents, in which case I would answer Yes, and the tax should be higher
@9H6GJSN1yr1Y
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.
@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.
@8THHZYM4yrs4Y
Yes, but only on citizens within the 1 percent of the wealth bracket
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