by John Lusink | Jun 17, 2024 | Guest Columns
On June 25, a new capital gains tax inclusion rate goes into effect. Until then, people selling secondary properties pay tax on 50 per cent of any capital gains. After that date, they are taxed on 50 per cent of the first $250,000 — and on 66.7 per cent of the rest....
by Daniel Foch | Jul 17, 2023 | Columnists
The quarterly number of homes sold in Canada just increased for the first time since 2021. Transactions in June 2023 came in 4.7 per cent above June 2022 — the largest jump in two years, according to CREA’s June data. Perhaps the resurrection in...
