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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 […]