Ontario Announces 15% Foreign Buyers Tax To Cool GTA Housing Market – YouTube

Do you think a 15% tax on foreign buyers will do anything to cool the GTA housing market? The tax implies that the issue with house prices is those pesky foreign buyers. The problem is much larger than that and this tax imposed by Premier Kathleen Wynne is just a…

Will a new foreign property buyer’s tax cool Toronto’s housing market?

Canada’s largest province is implementing a 15% foreign buyer’s tax in Southern Ontario. The provincial announcement comes amid fears that Toronto’s red-hot real estate market is fuelled in part by foreign speculation. British Columbia brought in a similar tax for Vancouver in 2016. The new measure applies to non-Canadian citizens,…

Ontario Foreign Buyer Tax 2017

My take on the possible impact of the Ontario Foreign Buyer Tax, and how it will affect the Toronto real estate market. Learn why this tax will not solve the underlying problems that are causing high house and condo prices in the Greater Toronto Area. #realestate #Canada #Ontario #Toronto #Mississauga…