Mayor John Tory has written to Finance Minister Charles Sousa, saying the current MPAC tax assessment system is “often distorted” and has led to small…
The increase is based on the potential value of the land. For small business owners that means if a 40-storey condo is built next door,…
Home flippers beware, the tax man is coming for you… The Canada Revenue Agency says it has recovered more than $240 million from audits related…
The federal government is throwing some cold water on Canada’s overheated housing market, hoping to keep Canadians out of unaffordable debt and slow down foreign…
In China, ground zero for the foreign money that has poured into a frenzied housing market, the B.C. government’s unexpectedly severe response has stoked a…
MPAC begins the process of reevaluating property values in the GTA, property taxes expected to rise everywhere. The average annual increasewas 7.5 per cent, according…