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Nobody suggested that the Minister had to be personally involved. The point remains that the only certain effect of the law is that every foreign purchase will
by revolvingocelot 4y ago
Nobody suggested that the Minister had to be personally involved. The point remains that the only certain effect of the law is that every foreign purchase will incur a $10,000 fine. If the overworked courts deign to get involved, the property might have to be sold, again!
Given the government's storied, multilateral, multi-decade unwillingness to do anything about the housing crisis (many MPs and MPPs are landlords!), I just don't see this law as anything but a $10,000 cost of doing business.