Mortgage Rates & Mortgage Broker News in Canada |
| Federal Budget Doesn’t Rock the Canadian Housing Boat Posted: 20 Apr 2021 08:49 AM PDT Homeowners fearing sweeping measures that could have over-corrected the housing market likely breathed a sigh of relief on Monday after hearing the details of the federal budget. Despite growing calls from numerous bank analysts in recent weeks for the need to tax the sale of principal residences, in some form or another, the government left the primary residence capital gains exemption untouched. One key housing measure introduced in Finance Minister Chrystia Freeland’s first budget was a 1% vacant property tax […]  |
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