


Do you know about the NEW Underused Housing Tax in Canada?
On June of this year the Canada’s Bill C-8 was enacted. The bill implements certain measures including Canada’s new 1% “Underused Housing Tax”.
The stated purpose for introducing this national tax was to ensure that non-resident owners who were using Canada as a place to passively store their wealth in housing pay their fair share.
What does that mean for you if you own real estate in Canada? Find out more on my new blog :https://bit.ly/3f3ol8x
On June of this year the Canada’s Bill C-8 was enacted. The bill implements certain measures including Canada’s new 1% “Underused Housing Tax”.
The stated purpose for introducing this national tax was to ensure that non-resident owners who were using Canada as a place to passively store their wealth in housing pay their fair share.
What does that mean for you if you own real estate in Canada? Find out more on my new blog :https://bit.ly/3f3ol8x
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