Saturday, April 25, 2020

CANADA

Population:


2023 Ownership:







US vs Canada :  Construction Cost outlook by JLL





Majority of condo investors in Toronto and Vancouver - from 8 yrs ago - are long term investors [i.e. >5 yrs]
🖥: CMHC 
https://eppdscrmssa01.blob.core.windows.net/cmhcprodcontainer/sf/project/archive/housing_markets/condominiumownersreporttorontoandvancouver/68161_2014_a01.pdf

Foreign Buyer Ban
Unintended Consequences?



“It’s irrelevant who builds it — the issue is we want homes for Canadians,” he said. “So if we limit capital and we build less there’s less homes for Canadians.”

Federal Government Proposes
Foreign Owner Tax

https://www.bloomberg.com/news/articles/2021-04-19/soaring-canadian-housing-costs-targeted-with-foreign-owners-tax

Overview





















































































This excerpt from Ben Meyers  2020 April  27


Municipal Taxes highest in Montreal, Halifax and St. Johns
-- C.D. Howe Institute

Hong Kongers in Canada