Tag: new laws

3 sticky notes spelling "TAX" to show Vacant Home Tax.

Canada’s Vacant Home Tax & Foreign Buyer Ban [Updated]

Overview: a look at Toronto’s Vacant Home Tax (VHT) and Canada’s Foreign Buyer Ban, plus their impact on home sales, prices, inventory and more. Two of the biggest include Toronto’s Vacant Home Tax (VHT) and The Prohibition on the Purchase of Residential Property by Non-Canadians Act. The goal of both policies is to increase housing supply, curb rising home prices…