Vacant Homes Tax
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Vacant homes tax being proposed to Guelph city councilA Guelph, Ont., community group is proposing a vacant homes tax in the Royal City. Get Involved Guelph plans to table a petition at the next city council meeting on Dec 10. The group wants to optimize vacant homes in an attempt to help solve the city’s housing crisis. Stan Kozak, a member of the group,...EconomyDec 4, 2024
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Hamilton politicians approve citywide bylaw that taxes vacant homesThe vacant unit tax takes effect in January with a goal of discouraging properties from being left vacant and addressing the ongoing housing crisis.PoliticsApr 24, 2024
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City staff to report on implications of failed Hamilton vacant unit tax in JanuaryThe housing related tax was rejected in a surprise council vote last November, despite being in the final stages of implementation.PoliticsDec 14, 2023
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Hamilton’s vacant homes tax voted down by councilAfter several months of debates and information sessions which saw approvals at other levels, several councillors were surprised the legislation failed to pass a final step.PoliticsNov 23, 2023
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Canada’s luxury real estate market is on fire. Can the foreign homebuyers’ tax cool it?It was mostly domestic buyers driving sales of Canada's multi-million dollar homes during the past year, says Sotheby’s International Realty Canada CEO Don Kottick.MoneyJul 13, 2021
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Hamilton city councillors pitch vacant home tax in hopes of freeing up supplyHamilton is toying around with the idea of an empty homes tax to discourage land speculators from buying up real estate they don't intend to use.PoliticsDec 10, 2019
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Vancouver mayor says vacant city-owned house to be rented outThe city-owned home has sat empty for more than a year.Jul 17, 2017
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Vancouver’s empty homes tax deadline gives homeowners 1 more day to find tenantsCanada Day is the last day to have a tenant in place if you don't want to pay the city' new empty homes tax.EconomyJun 30, 2017
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Top 5 ways Ontario government can cool the hot Toronto-area housing marketHere are five potential measures Ontario could bring forward to tackle housing affordability.CanadaApr 19, 2017
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Soaring house prices in Toronto ‘deeply troubling’ for homebuyers: mayorToronto Mayor John Tory says the rising housing prices are deeply troubling to a lot of people who are trying to buy homes in the city.CanadaApr 5, 2017
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