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Old Posted Mar 30, 2022, 3:59 AM
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hollywoodnorth hollywoodnorth is offline
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Join Date: Oct 2001
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Ontario to hike tax on foreign homebuyers while expanding it provincewide

The Ontario government is hiking its tax on foreign homebuyers ahead of a provincial election campaign where affordability is expected to be a key issue.

In a news release issued on Tuesday afternoon, the province confirmed that it would increase its non-resident speculation tax from 15 to 20 per cent as of tomorrow.

It said that it would also now apply the tax provincewide. Previously it only applied to properties purchased in the Greater Golden Horseshoe Region.

https://www.cp24.com/news/ontario-to...wide-1.5839862




how long till the BC NDP Matches this?
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