Vancouver council hiking empty homes tax to 5 per cent of assessed value in 2023
Vancouver is raising the empty homes tax that is designed to ease vacancy rates in the city, from three per cent to five per cent of the property’s value. The motion by Mayor Kennedy Stewart […]
Read More about Vancouver council hiking empty homes tax to 5 per cent of assessed value in 2023Ontario Home Builders’ Association Welcomes Provincial Budget
According to the Ontario Home Builders’ Association (OHBA), the Ontario government’s 2022 Ontario budget lays out a path forward to build more housing supply and choice across the province. The OHBA states that the budget, […]
Read More about Ontario Home Builders’ Association Welcomes Provincial BudgetApartment, row house growth outpaces single detached homes: census
TORONTO – Single-detached houses are still the most plentiful type of housing in Canada, but apartments and row houses are slowly catching up, the latest census data reveals. The figures released by Statistics Canada on […]
Read More about Apartment, row house growth outpaces single detached homes: censusNew non resident property taxes in Nova Scotia forcing tough decisions on homeowners
HALIFAX – Michelle Keall says she is considering selling her home in Nova Scotia because of the provincial government’s new tax on non-resident property owners imposed to ease the housing shortage. “I feel like I’m […]
Read More about New non resident property taxes in Nova Scotia forcing tough decisions on homeownersInflation picks up steam in March to hit 6.7% amid war in Europe, supply chain woes
OTTAWA – Canada’s inflation rate hit 6.7 per cent last month, the fastest annual increase in more than three decades as Russia’s attack on Ukraine pushed up oil prices and a pandemic-related supply chain crunch dragged […]
Read More about Inflation picks up steam in March to hit 6.7% amid war in Europe, supply chain woes