crea: Ontario Sales Tax Harmonization Will Hurt Resale and New Home Market
- 03/26/09 04:22 AM
The long arm of the Ontario government taxman is desperately trying to reach even deeper into consumers' pockets, this time with his eye squarely on home buyers in this province. I just received the following press release from our local board. Please read on: (Toronto, March 26, 2009) Ontario’s REALTORS® say the McGuinty government's plan to harmonize the GST and PST will add over $2,000 to the cost of a real estate transaction, hurting the resale home market and prolonging the housing industry’s recovery from the current economic downturn. “Now is not the time to be erecting barriers to homeownership,” (0 comments)