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Canada Department of Finance Consulting on National Tax on Non-Resident Owned Residential Real Estate

|Proposed Changes|Canada
Canada

Canada's Department of Finance announced on 6 August 2021 the launch of consultations on a national tax on non-resident, non-Canadian owned residential real estate.

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Government launches consultations on proposed tax on vacant homes owned by non-resident, non-Canadians

The federal government is committed to ensuring all Canadians have a safe and affordable place to call home.

In communities across the country, the recent and rapid rise in housing prices has made finding an affordable …

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