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12 Ways Real Estate has Changed with COVID-19

Business has been anything but usual since the Ontario government deemed real estate an essential service amid the COVID-19 outbreak. While the decision brought a collective sigh of relief from the industry as it ensured buyers and sellers with a…

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Land Transfer Tax Relief

Councillors Push for Land Transfer Tax Relief

Two Toronto councillors want to see an increase in the municipal land transfer tax rebate for first-time homebuyers. Mark Grimes (Ward 3 Etobicoke-Lakeshore) and Brad Bradford (Ward 19 Beaches-East York) tabled the motion in January. The pair have asked city staff to…

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Ontario Revamping Real Estate Industry Rules

The Ontario government is revising the province’s real estate laws, which, if passed, will impact home buyers and sellers. The proposed legislation, known as the Trust in Real Estate Services Act, aims to raise professional standards and improve protections and…

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Major Property Tax Hike Likely on the Way

Toronto Mayor John Tory’s plan to significantly increase property taxes cleared a major hurdle last week, when his executive committee unanimously approved the proposed hike. If passed by city council Dec. 17, home and business owners’ tax bill will be…

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Election 2019: Main Parties’ Housing Platforms

It’s almost time to cast your ballot in Canada’s federal election, Oct. 21, if you haven’t done so already through advance polling. Affordable housing has become a hot-button issue, particularly among Torontonians who feel locked out of the real estate…

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