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Hike to Vacant Home Tax Bad News for Investors

Toronto city council has voted in favour of increasing the vacant home tax from 1% to 3%. Additional revenue generated from the change will go the Multi-Unit Residential Acquisition program, which supports the purchase of market rental buildings in danger…

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New Laws that Affect Buyers and Sellers

At the start of 2023, several new government policies impacting buyers and sellers came into effect. Here is a breakdown of three of the most noteworthy. Foreign Buyer Ban Non-Canadians are prohibited from purchasing residential properties, including detached and semi-detached…

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Housing Promises Ontario Parties are Making

The provincial election campaign officially kicked off May 4, though the parties having been making promises for weeks now. Here are the main tenets of each party’s platform that relate to making housing more affordable for Ontarians. Conservative To address…

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