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Shame the government of Ontario won't even consider the BC foreigner tax.
by hackerboos 10y ago
Shame the government of Ontario won't even consider the BC foreigner tax.
- kspaans 10y agoNumbers I've seen suggest that the proportion of "foreign money" in Toronto is even lower than in Vancouver (mostly from GreaterFool.ca), so the tax may not have a large effect.
- mistermann 10y agoMy question would be: what is their definition of "foreign money", and how are they determining how much of it is involved in their housing market.
- 234dd57d2c8dba 10y agoOpen borders are important for the continued growth of the city. Taxing foreigners explicitly sounds pretty racist and is likely to shift investment to other regions.