Quote:
Originally Posted by hollywoodnorth
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-hik...hile-expanding-it-provincewide-1.5839862
how long till the BC NDP Matches this?
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Freaking soon, I hope. What all this "good for the economy" investment has wreaked on Vancouver is horrific from the non-wealthy home-seekers POV. Extortionist rents and long waiting lists for any accomodation.