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Published On: Tue, Jul 26th, 2016

B.C.’s 15% tax on foreign homebuyers could drive money to other parts of Canada

A new crackdown on overseas investors in British Columbia’s residential real estate could easily end up driving that money to other parts of the country, according to reports out Tuesday. Ontario should take ‘long, hard look’ at B.C.’s new tax on foreign home buyers: economist Foreign buyers will pay an extra 15% in property tax fees…

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