The 15% Non-Resident Speculation Tax has been implemented. All residential properties in what the Ontario Government specifies as being the Golden Horseshoe will be subject to the tax; any binding agreements of purchase and sale signed after this date will be subject to the tax.
A look at how a BC Supreme Court ruling will change the way Real Estate practitioners look at transactions in Canada.
A look at how a foreign investment tax could impact the Niagara-on-the-Lake real estate market.
When I say the end, I don’t mean the end of the world or anything like that. What I do mean is, could this be the end of what we have come to accept as normal politics – the end of “normal” US, Canadian relations?
I couldn’t resist a Trump post. I’ve been asked dozens of times if I thought Trumps win would have an effect on the Niagara market, or the Canadian market in general?
A look at the lack of demand in the GTA for single family residential properties, and how this affects NOTL.
Foreign investment and its effect on the Canadian real estate market, including Niagara-on-the-Lake.
When you consider that many of the buyers in NOTL are coming from Toronto, it’s up to the Real Estate agents to disclose and steer people through these situations.