land transfer tax: First-time buyers of resale homes to benefit from new tax measure - 06/03/08 10:29 AM
It's Now the Law - Land Transfer Tax Rebate for Resale Homes
In the 2007 Ontario Economic Outlook and Fiscal Review, the government proposed to expand the Land Transfer Tax Refund Program to include first-time homebuyers of resale homes for agreements of purchase and sale entered into after December 13, 2007.
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land transfer tax: First-time buyers of resale homes to benefit from new tax measure - 12/17/07 01:50 PM
The McGuinty government is giving all first-time homebuyers a break on land transfer tax by proposing to expand the Land Transfer Tax Refund Program to include purchases of resale homes, Finance Minister Dwight Duncan announced today."Expanding this Land Transfer Tax refund is an important part of our government's commitment to helping … (1 comments)
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land transfer tax: City of Toronto: New Taxation Measures - 10/26/07 11:03 AM
Land Transfer Tax ImplementationOn October 22, 2007, Toronto City Council approved a new land transfer tax which takes effect on February 1, 2008. More details on implementation will be available at Executive Committee on October 29, 2007.
For all purchasers:
one-half of one percent of the value of the consideration on … (3 comments)
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land transfer tax: Latest Stats Can. Report on New Homes Starts - 09/06/07 01:52 PM
Construction intentions cooled down in July as the value of building permits declined, halting two months of record-setting performances. Municipalities issued building permits worth $6.2 billion, down 11.3% from $6.9 billion in June.
Still, July was one of only a handful of months in which permits exceeded the $6-billion mark.
At $6.9 billion … (0 comments)
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land transfer tax: Make room for a Mudroom - 08/29/07 04:38 PM
Now that our thoughts are turning again to outdoor living, it's a great time to think about making room this year for what may be one of the most practical places in the house: the mudroom.
Never mind that we may associate mudrooms with images of country houses, English wellies and walking … (2 comments)
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land transfer tax: August Prepares to Roar into Fall Market - 08/20/07 03:26 PM
TORONTO, Aug. 17 /CNW/ - Resale home transactions reached unprecedented heights in the first half of August,up 17 per cent from the same period in 2006, Toronto Real Estate Board President Donald Bentley announcedtoday. So far this month 3,838 properties have sold with an average price of $355,829."The market has shown … (0 comments)
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land transfer tax: More on Toronto's tax (NOT) & cottage prices go through the roof - 07/18/07 08:12 AM
Miller's tax push fails by a single voteGlobe and Mail - CanadaDespite the dire warnings of possible service cuts and tax hikes, Mr. Ashton said last night the deferral was necessary to get the Toronto Real Estate Board ...
Cottages prices going through the roofCanoe.ca - CanadaThe average price for a piece … (2 comments)
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land transfer tax: What happened to Toronto's proposed 100% increase the Land Transfer Tax? - 07/17/07 07:54 AM
Tax attack launched <-click here to read moreToronto Sun - CanadaPalmer noted a small number of people -- those "trying to achieve the Canadian dream" -- will bear the brunt of the "unfair tax." For every real-estate ...
Two new taxes vital for Toronto <-click here to read moreToronto Star - Ontario, … (0 comments)
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land transfer tax: 3 reports on the health of the Canadian Real Estate Market - 07/13/07 08:15 AM
Canadian Housing Market Gathers Momentum As US Market SlumpsMoney Morning - USARoyal LePage Real Estate said in its quarterly report that the average Canadian house price is expected to rise by 9.5% to reach $286775 by the end of this ...
June a record month for Canadian home buyingToronto Star - Ontario, … (1 comments)
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land transfer tax: Happy Canada Day! - 06/29/07 09:27 AM
The Maple Leaf Forever!
It was over 40 years ago, in 1965, that Canada's distinctive maple leaf flag flew for the first time. Then, as now, the flag had its supporters and detractors. But few realized what a powerful and positive symbol our Canadian flag would become.
Though we endlessly debate our … (3 comments)
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land transfer tax: Toronto REALTORS® Tell City that 100% Land Transfer Tax Increase is Unfair - 06/27/07 04:49 PM
TORONTO, June 27 /CNW/ - The Toronto Real Estate Board has told the City of Toronto that its proposal to charge a second land transfer tax treats home buyers unfairly. TREB's comments were made in a formal presentation to the City's Executive Committee earlier this week.If the City moves forward with … (2 comments)
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