Tax
Canadian Property Management
New U.S. tax rules alter competitive landscape
Commercial real estate operations within Canada could experience fallout simply due to the interconnectedness of the two economies, while companies with holdings on both sides of the border may be pushed to reassess some of their financing strategies and structures.
CondoBusiness
Ontario foreign buyer tax may drive Montreal sales
The QFREB says Ontario's new foreign buyer tax may increase the presence of foreign buyers in Montreal's real estate market.
Canadian Apartment Magazine
Saskatchewan landlords lose key PST exemptions
Saskatchewan landlords experienced a budget double whammy March 22 — receiving the more forceful cost hit from their provincial finance minister.
Canadian Property Management
Business applauds B.C. electricity cost relief
The B.C. government has pledged to lower the 7 per cent provincial sales tax (PST) on electricity to 3.5 per cent as of this October, and phase it out completely by April 2019.
Canadian Property Management
Ontario threatens retroactive land transfer tax
The suddenness of a new Ontario regulation and, more particularly, its backdating of tax obligations to July 19, 1989, have caught both tax experts and real estate industry advocates off guard.
Canadian Property Management
Targeted tax back on Toronto CRE industry radar
The city of Toronto's renewed contemplation of its special revenue-generating powers has real estate industry advocates proactively calling for a role in any future discussions.
Building Strategies & Sustainability
Temporary tax cuts to promote utility mergers
The 2015 Ontario budget lowers the tax penalty on the sale of local distribution companies for a three-year period beginning in 2016.



