Category: Homeowner

Budget Officer Suggests Feds’ Foreign Homeowner Tax to Yield Less Than Liberals Plan

OTTAWA—The parliamentary budget officer is estimating that a new federal tax on vacant, foreign-owned properties may not bring in as much as the Liberals hope. The one percent tax was to take effect at the start of the year and the Finance Department estimates it will bring in $200 million in the 2022-2023 fiscal year,…


Why Your Return From Home Equity Is Always Zero

Commentary Now that holiday gifts and toys are in the past and you’ve probably stepped on your last stray Lego piece, it’s time to start thinking about financial resolutions. If you’re a homeowner, the terrific price appreciation that you’ve seen recently means there’s a good chance that you’re sitting on a nice chunk of home…