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First-time home buyers to get $4,000 land transfer rebate

First-time home buyers to get $4,000 land transfer rebate

Finance Minister Charles Sousa is giving first-time home buyers a land transfer tax rebate of up to $4,000. Sousa used Monday’s fall economic statement to announce the tax break for eligible purchasers is being doubled from $2,000. The treasurer said the measure – funded by hiking rates on houses selling for more than $2 million […]

Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign home-buyers.

Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign home-buyers.

Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign home-buyers. “We’re not going to go down the road that British Columbia has gone down,” Wynne said at a press conference. “I’m not interested in doing something that would have an unintended consequence […]

I am intending to buy a home soon.

I am intending to buy a home soon.

I am intending to buy a home soon. What’s the best way to find a real-estate salesperson who will work well with me? First of all, congratulations on deciding to buy a home. This is a significant financial investment, so it’s important that you are informed about the buying process. Hiring a real-estate professional is […]

New real estate rules announced by the federal government

New real estate rules announced by the federal government

New real estate rules announced by the federal government Monday should dampen home sales across Canada, according to two major banks. Finance Minister Bill Morneau announced “three complementary measures designed to reinforce the Canadian housing finance system.” Among the changes, the government will close a loophole that allowed foreign buyers who are not residing in […]