Commercial Real Estate: 20-per-cent drop in commercial property sales

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However, the total dollar volume of commercial property sales remained about the same, year over year, at $3.90 billion in the last quarter, only a 0.9 per cent decrease from $3.93 billion in Q3 20…

 

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Create new land transfer tax bracket on home sales over $3-million, Toronto councillors proposeAna Bailao, Brad Bradford and Joe Cressy announced Friday that they will be seeking a staff report into the feasibility of modifying the land transfer tax so that homes selling for more than $3-million are subject to a 3-per-cent levy. The top bracket is now 2.5 per cent on sales over $2-million. globetoronto Buy outside the city. globetoronto HOW ABOUT CHARGING FOREIGN INVESTORS TO PAY TRANSFER TAX? LOOK UP 'CHINESE LAUNDERED MONEY IN CANADA HOUSING!' OR ASK FINTRACS? THEY PAY NO INCOME TAX NO TRANSFER TAX NO ROYALITY TAX!! OH AND WHAT DO CANADIANS TAXES PAY FOR EVERYTHING EDUCATION HEALTHCARE SOCIAL SERVICES ETC!
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