by Kunal Sawhney | Nov 29, 2021 | Columnists
There is a reason why taxes are not popular – they make things costlier for the buyer. But no nation can run without taxes. They are the bedrock of any economy – the government that levies them undertakes infrastructure development, maintenance of law and so on. Now...
by Sean Morrison | Aug 28, 2020 | Featured, Guest Columns
The Ontario Real Estate Association (OREA) exists to help our members succeed in building stronger communities. We are always looking to improve our product offering to members and we have an incredible opportunity before us at OREA to invest in new member services....
by REM Editorial Team | Aug 26, 2019 | Boards & Associations
A survey commissioned by the Ontario Real Estate Association (OREA) says Ontarians believe their municipal governments could be much more efficient with use of their funding, with about 70 per cent agreeing that a lot more could be done to find savings and control...
by Bill Johnston | Jul 15, 2019 | Columnists, Featured
Until April 1974, Ontario didn’t have a land transfer tax. Then our (Conservative) government of the day gently introduced LTT to property buyers. April 10, 1974: 0.3 per cent up to $35,000 and 0.6 per cent on the balance Average house price was $52,806 Average LTT...
by REM Editorial Team | May 2, 2019 | Boards & Associations
The Toronto Real Estate Board (TREB) is raising concerns about a new proposal calling for the City of Toronto to increase its Municipal Land Transfer Tax on the most expensive properties. “City Council just finished a budget process which showed that revenue from the...