Overview: a look at Toronto’s Vacant Home Tax (VHT) and Canada’s Foreign Buyer Ban in 2026 and beyond, including recent rule changes, important deadlines, exemptions, and more. Canada’s Prohibition on the Purchase of Residential Property by Non-Canadians Act (aka the Foreign Buyer Ban) and Toronto’s Vacant Home Tax (VHT) were…
Tag: immigration
Record Immigration & Canada’s Housing Shortage
Overview: a look at the impact of record immigration on Canada’s housing shortage, new immigration targets, and solutions to the housing crisis. After setting immigration records over the last 3 years, Canada plans to level off the number of new permanent residents starting in 2026. The reason? A growing belief…
Canada’s Immigration & Toronto’s Luxury Real Estate Market
Overview: a look at the impacts of record immigration on Toronto’s luxury real estate market in 2022, including on sales, prices, houses and condos. I recently sold a $3.4 million penthouse. That sale speaks to a wider demand for luxury real estate in Toronto—a demand that will only grow with…
Why Millennials Shouldn’t Wait To Buy A Home
Overview: a look at why Millennials should buy a home now—before prices rise and competition heats up. A Quarter Of Canadians Aged 25 To 35 Bought Real Estate During The Pandemic That headline from Better Dwelling provides a clear answer. Homeownership isn’t just some far off dream for most Millennials—it’s…