foreign buyers tax News and Articles | My Blog
Federal foreign real estate speculator tax expected to pass
11/1/2019 | Posted in Foreign Buyers by Paul DeAdder
The tax mimics what some provinces, including B.C., have already implemented.
... MoreLiberals win minority in federal election
10/22/2019 | Posted in Canadian Housing Market by Paul DeAdder
Here's a look at promises Trudeau made on housing during the campaign.
... MoreLiberals' proposed foreigner-targeted tax will not cool down markets
9/17/2019 | Posted in Canadian Housing Market Predictions by Paul DeAdder
The Liberals’ campaign promise of a new tax on foreign home buyers may not be enough to moderate a national housing market on the resurgence, observers ... More
Here's what's attracting Chinese buyers to Canadian real estate despite foreign-buyer taxes
10/27/2017 | Posted in Foreign Buyers by Paul DeAdder
Educational opportunities are driving Chinese homebuyer inquiries for Canadian properties, despite foreign-buyer taxes in two of the nation’s hottest housing ... More
Chinese Interest Is Up In The GTA, But They're Not Interested In Speculation
9/22/2017 | Posted in Foreign Buyers by Paul DeAdder
Some media outlets recently reported that interest in Canadian real estate among Chinese buyers increased 30 per cent in the first half of this year, compared to a ... More
Foreign buyers' tax is working says Ontario government
9/15/2017 | Posted in Ontario Real Estate by Paul DeAdder
The number of non-resident owners of real estate in The Greater Golden Horseshoe has declined since the introduction of Ontario’s Fair Housing Plan in the spring.
... MoreThere is now better foreign buyer data than ever before
8/30/2017 | Posted in Foreign Buyers by Paul DeAdder
The government has perhaps its best understanding of just how influential foreign buyers are on Canada’s hottest markets, according to one big bank.
... MoreForeign buyer activity in Ontario housing market about 5 per cent: government
7/5/2017 | Posted in Foreign Buyers by Paul DeAdder
Newly released figures show nearly five per cent of home purchases in Ontario's Greater Golden Horseshoe region were made by non-residents since the Liberal government ... More
New Ontario regulations on buyers' citizenship effective today
4/24/2017 | Posted in Ontario Real Estate by Paul DeAdder
Regulatory changes that require home buyers in Ontario to provide complete information on their citizenship and place of residence take effect today.
... MoreOntario to tax foreign buyers, expand rent control
4/20/2017 | Posted in Ontario Real Estate by Paul DeAdder
Ontario plans to help cool a hot housing market by bringing in a 15-per-cent foreign buyer tax, expanding rent control, allowing Toronto to impose a tax on vacant homes and ... More
Ontario puts foreign buyers' tax back on the table as hot housing market raises alarms
3/10/2017 | Posted in Ontario Real Estate by Paul DeAdder
A foreign buyers’ tax is back on the table in Ontario, with the finance minister saying it’s one possible option he’s looking at to cool the housing ... More
Ontario will not follow B.C.'s tax on foreign homebuyers
10/25/2016 | Posted in Ontario Real Estate by Paul DeAdder
Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign homebuyers.
... MoreThree quarters of GTA residents support foreign buyer tax
10/13/2016 | Posted in GTA News by Paul DeAdder
There is overwhelming support among residents of the Greater Toronto Area for a tax on foreign buyers, according to a poll by Angus Reid.
... MoreAnother reason foreign tax is not the answer in GTA
10/11/2016 | Posted in GTA Real Estate by Paul DeAdder
While the debate continues on whether Ontario should follow BC with a tax on foreign ownership of homes in the GTA, a report highlights another issue which is driving up home ... More
Foreign investors to switch focus: RE/MAX
10/4/2016 | Posted in Real Estate Investments by Paul DeAdder
Foreign investors, deterred from Vancouver’s residential property market by the 15 per cent tax, are likely to increasingly focus on commercial real estate.
... MoreCanada tightens mortgage, tax rules to cool housing market
10/3/2016 | Posted in Real Estate Market by Paul DeAdder
Canada will close a tax loophole and introduce a stress test to insured mortgage lending in an effort to boost the stability of the housing sector, the government said on ... More
Trudeau government to close foreign-buyers loophole
10/3/2016 | Posted in Real Estate Market by Paul DeAdder
Finance Minister Bill Morneau will unveil Monday new measures aimed at slowing the flood of foreign money pouring into overheated housing markets like Vancouver and Toronto, a ... More
