Mon, Oct 3: The federal government announced Monday that they intend to stabilize housing markets across Canada by closing a tax loophole used by foreigner buyers. As Eric Sorensen reports, they will also bring in a mortgage stress test, making sure borrowers can sustain interest rate hikes.
- Foreign home buyers surge in Montreal as Chinese continue to buy
- New real estate rules to dampen home sales beyond Toronto and Vancouver, banks say
- Feds to close tax loophole for foreign home buyers