tax implications News and Articles | My Blog
Budget 2024 housing highlights: capital gains inclusion rate on secondary homes rises to 66.7%
4/16/2024 | Posted in Government and Regulation by Paul DeAdder
Housing was a key priority in today’s federal budget, though it came as no surprise given the array of housing-related policy announcements unveiled in recent weeks.
... MoreTax advantages driving exodus from Canada's priciest housing markets
2/6/2024 | Posted in Canada Living by Paul DeAdder
A new report published today reveals that the burden on buyers from provincial governments’ billions of dollars in levies and development fees on new construction, and ... More
Here are the tax changes that will affect your pocketbook in 2024
1/2/2024 | Posted in Canada Living by Paul DeAdder
Canadians preparing their taxes and finances for 2024 might find a bit of help from an unexpected friend: inflation.
... MoreToronto commercial taxes far outstrip residential rates
10/18/2019 | Posted in Commercial Real Estate by Paul DeAdder
Toronto's commercial property tax rate is at “unreasonable” levels, clocking in at almost four times higher than the residential rate, according to a new ... More
Commercial property owners are overburdened with tax
10/28/2018 | Posted in Commercial Real Estate by Paul DeAdder
Owners of commercial real estate are carrying a disproportionate property tax burden across Canada according to a new report.
... MoreHomes sold in 2016 now need to be reported on taxes
4/7/2017 | Posted in Home Sellers by Paul DeAdder
Canadians who have sold their homes last year have been mandated to report the transaction to the Canada Revenue Agency.
... MoreOntario urging Ottawa to change tax rules in bid to curb real estate speculation
3/20/2017 | Posted in Real Estate News by Paul DeAdder
Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed.
... MoreTax implications of selling a home
12/2/2016 | Posted in Home Sellers by Paul DeAdder
For Canadians who are planning to release their homes to the highly competitive real estate market, they need to be aware of the tax implications of the recent regulatory ... More
