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Posted on 02/11/2016 by Mutch Property Group 0

Premier Wynne announced on Monday October 31st that Ontario will not follow British Columbia’s move to introduce a tax on foreign homebuyers.  Her focus moving forward will be to help first-time buyers afford homes.  The most recent research shows that Ontario's sales are fueled by domestic investors.  

http://www.cbc.ca/news/canada/toronto/foreign-buyers-tax-toronto-real-estate-investors-1.3824467

October 17 – New Mortgage Rules Take Effect
Ontario Offers First-time Homebuyers Bigger Tax Break
Mutch Property Group

Written by Mutch Property Group

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