Budget 2021

foreign buyers

REMI Network

Feds greenlight ‘vacant home’ tax for foreign buyers

As of January 2022, the government is applying a 1 per cent annual tax on the value of non-resident and non-Canadian owned properties that are “vacant or underused.”
Budget 2021

Canadian Apartment Magazine

Breaking down Budget 2021’s affordable housing funds

The federal government released it’s much-awaited Budget 2021, which includes funds to address Canada’s need for more affordable housing.