SUBSCRIBERS
Tackling Toronto's tearaway property prices through taxes
Published Sun, Apr 23, 2017 · 09:50 PM
Washington
BANK of Canada governor Stephen Poloz said on Saturday that he is happy Ontario has brought in new measures to tackle the Toronto housing market, saying a foreign buyers' tax should help dampen demand and impact the psychology of speculators.
"I'm happy that there are measures; it's a risk we've been highlighting," Mr Poloz told reporters on the sidelines of the sp…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US 30-year mortgage rate rises to five-month high of 7.24%
Money laundering accused Su Baolin’s Sentosa property goes unsold at auction
US Judge approves US$418 million settlement that will change real estate commissions
In San Francisco, a home renovation can become a battle royale
Country Garden extends bonds to avoid first local default
Daughter of Chinese steel-and-nickel tycoon picks up S$84 million Bin Tong Park bungalow