As B.C. and Ontario slap taxes on non-resident buyers, Alberta has a message: ‘C’mon over’
Tag Archives: foreign buyers
After new tax, buyers from China cool to luxury Vancouver homes
Interest from China in Vancouver real estate listings worth more than $1 million is down sharply, but local buyers shouldn’t get too excited.
Canada’s economy is hostage to the housing bubble
The debate over B.C.’s new tax on foreign buyers exposes how badly the Canadian economy needs ridiculously unsustainable house prices to keep rising
CIBC: It’s time for a ‘flipping tax’ on foreign investors
An economist says a flipping tax would help tackle speculative foreign investment—but do little to slow soaring house prices
How the rest of the world limits foreign home buyers
There’s little agreement on what, if anything, should be done about foreign home buyers in Canada. Here’s what some other countries have done.