Ontarians don’t think municipalities should have greater tax powers
The Ontario Real Estate Association commissioned a study, conducted by Navigator, to better understand the Public Perception Regarding Municipal Government Programs. The online survey included people aged 18+ in Ontario.
Q&A with R. Scott Davie sheds light on the housing affordability crisis
We are in the middle of a housing affordability crisis. If price growth continues to outpace income growth, younger generations will have an extremely difficult time buying a home.
What your property taxes pay for in the City of Toronto
Property taxes can be confusing. Fortunately, the City of Toronto has a Property Tax Calculator that actually shows how your money is being distributed to various services and infrastructure developments and maintenance.
Vitriol surrounding Bill 108 is another reminder that Toronto’s housing crisis is unsolvable
Bill 108, the More Homes, More Choice Act, has proposed numerous changes to land use planning in Ontario. A lot of people are not happy about the amendments and the potential impacts.
Toronto home prices faring better than some, 2 years after FHP
The Fair Housing Plan was introduced by the former Liberal provincial government as a solution to runaway home price growth; year-over-year values had spiked over 30% in the Greater Toronto Area, prompting concerns.
Canada creating a Real Estate Task Force to ensure tax-compliance
According to the government of Canada and the Canada Revenue Agency, tax non-compliance and money laundering can be a significant factor causing the rising cost of housing in the country’s hottest markets.
Toronto real estate is resilient in a turbulent time
With Toronto Council at odds with the province about the Housing Supply Action Plan, and talk of some serious money laundering through Toronto real estate, I wouldn’t blame you for being concerned.
How should Canada tackle money laundering in the housing market?
Canada is an attractive place to buy a home because it’s an amazing place to live, but there are other, more sinister reasons to buy real estate in Canada, and British Columbia is cracking down.
Toronto council not on board with the Housing Supply Action Plan
When the Housing Supply Action Plan was announced, members of the new home industry praised the Bill, but it looks like Toronto City Council has many concerns.
It looks like the foreign buyers tax is working
It recently came to my attention that the province of Ontario had not published any new data on foreign buyers in the residential market since Doug Ford was elected. It wasn’t sitting well with people, and the government responded quickly.
