Toronto â¢ Foreign nationals who donât live in Toronto and its surrounding communities will pay an additional 15 percent tax on homes under legislation proposed by the Ontario government.
Ontario Premier Kathleen Wynne made the announcement Thursday in an effort to cool a hot housing market in Canadaâs largest city.
It matches the 15 percent tax the Pacific coast city of Vancouver has implemented. Wynne said the tax is not about targeting immigrants.
âWeâre targeting those are who arenât looking...
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