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Investor wary of government promise

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Canadian Realestate Magazine | 30 Mar 2016, 08:15 AM Agree 0
The Canadian government has promised to dedicate $500,000 for collecting data on foreign ownership, but one investor hopes that data won’t be used to discourage foreign buyers
  • | 30 Mar 2016, 10:59 AM Agree 0
    We used to have for non residents tax - 20 % on purchase and 20 % on sale
  • Matt | 03 Apr 2016, 06:31 PM Agree 0
    Darcy that's easy to say when your an investor and have lots of money .. The rest of us in Canada can't afford to buy a house in the country that we live and love.. It should be taxed if you not contributing to the Canadian economy. And not just a real-estate economy .. I am totally fine at taxing people who are just buying up Vancouver and the lower mainland . This isn't a monopoly game when you live in your own country and can't afford to buy a piece of property because foreign investors. My girlfriend I we make 160 thousand and 50 thousand for a down payment. And that won't even be enough for a chicken coupe .
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