Canadian Real Estate Equity Should Be Taxed, Suggests CMHC-Funded Working Group

Canadian real estate has been the ideal tax shelter, but that might change soon. Generation Squeeze, a Vancouver-led non-profit advocating for Millennials, released its Solutions Lab report. The CMHC-funded (but independent) study has four suggestions for improving housing affordability. Today we’re going to dive into its most controversial proposal stirring debate — a progressive tax […]

Canadian New Housing Starts Fell For A Fourth Month, But Still Much Higher Than Usual

Falling Canadian housing investment is starting to weigh on new housing activity. Canada Mortgage and Housing Corporation (CMHC) data shows housing starts fell in September. The drop comes after hitting a multi-year high earlier this year. Even with the drop, building activity is still elevated above historic levels.   Canadian Housing Starts Fell To 271,000 Units […]