by Kunal Sawhney | Jan 20, 2022 | Columnists, Featured
Bringing rationality to something cannot be termed as manipulation. Consider this. The primary job of any central bank is to manage the flow of money in the economy. The Bank of Canada meets to decide the quantum of liquidity in the Canadian economy. By tweaking the...
by Afshin Yazdani | Mar 2, 2021 | Legal Issues
In April 2017, the Government of Ontario introduced the Non-Resident Speculation Tax (NRST), which is applied to foreign and non-resident property buyers as a measure to control the real estate market in the Greater Golden Horseshoe Area.* The 15 per cent tax applies...
by REM Editorial Team | Jun 12, 2018 | Boards & Associations
The Okanagan Mainline Real Estate Board (OMREB) is continuing its efforts to fight the planned B.C. speculation tax. “It’s disconcerting that the B.C. government continues to contemplate the speculation tax in the face of higher interest rates and the federal...
by REM Editorial Team | Apr 18, 2018 | Featured, News
A coalition of B.C. organizations have launched a campaign to demand that Premier John Horgan and the government “Scrap the Speculation Tax”. The coalition is comprised of the Urban Development Institute Capital Region and Okanagan chapters, Canadian Home...
