by David J Rotfleisch | Jul 10, 2020 | Columnists, Featured, Legal Issues
On June 25, Canada Revenue Agency (CRA) announced that it would carry out a tax review of six years of U.S. real estate transactions in order to find any tax non-compliance from Canadian taxpayers. CRA is looking for “real estate and property data in bulk form, in...
by Mario Toneguzzi | May 23, 2018 | Featured, News
Municipal and provincial government legislation in recent years in Vancouver and B.C. may appear to be an affront to foreign investors, especially those from China, but those laws won’t suppress the appetite for investment opportunities. Tina Mak, an associate broker...
by Penelope Graham | Mar 12, 2018 | Columnists, Featured
The provincial British Columbia government has earned a bit of a reputation for being a real estate industry disruptor, subjecting the Metro Vancouver region to several new regulations unprecedented in other markets. In late February, another round of housing rules...
by REM Editorial Team | Jun 12, 2017 | News
While Quebec has just announced that it will not impose a tax on foreign buyers, British Columbia and Ontario should take a step back and abolish those that they put in place, says Mathieu Bédard, economist at the Montreal Economic Institute (MEI). “These kinds of...
by Zia Abbas | Oct 13, 2016 | Featured, Guest Columns
Foreign buyers. There hasn’t been such a hot topic in real estate for a long time. Vancouver has pointed its finger and told local residents (and the world) that foreign buyers have been gobbling up homes and making real estate prices rise in lock-step with their...