Ontario Land Transfer Tax Commencing on December 16, 2017, new provincial land transfer tax statements are being incorporated into Teraview, Ontario’s electronic land registration system. Corresponding statements have been added to Ontario’s affidavits and forms. When you buy land or an interest in land in Ontario, you pay Ontario’s land transfer tax. Land includes, but […]
OTTAWA (Reuters) – Canada’s long housing boom has drawn thousands into the sector, from realtors and home staggers to construction workers, and a looming slowdown threatens to trigger an exodus that could wipe out many of those jobs and force the economy to shift down. While housing has long been the main engine of Canadian […]
TD Economics: On July 25th, the B.C. government introduced a four-pronged plan to help improve housing affordability. 1. As of August 2nd, foreign individuals and corporations will be subject to an additional 15% land transfer tax on the purchase of residential property. At this point, the surtax will only be applied in Metro Vancouver, […]
ONTARIO LAND TRANSFER TAX
Ontario Land Transfer Tax Commencing on December 16, 2017, new provincial land transfer tax statements are being incorporated into Teraview, Ontario’s electronic land registration system. Corresponding statements have been added to Ontario’s affidavits and forms. When you buy land or an interest in land in Ontario, you pay Ontario’s land transfer tax. Land includes, but […]