Canada’s Tax Landscape Shifts: Understanding the 2024 Budget Changes

In a recent announcement, the Canadian government unveiled plans to adjust the inclusion rate on capital gains taxes, signifying a significant transformation in the tax landscape outlined in Budget 2024. These changes aim to address disparities in the tax system…

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Vancouver’s Real Estate Market Surges

The Vancouver real estate market is on fire, showing robust signs of recovery and growth despite higher mortgage costs. According to the Real Estate Board of Greater Vancouver (REBGV), residential home sales in July soared by nearly 30%, reaching 2,455…

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City of Vancouver Aims to Launch Online Development Permitting Tools, Cutting Down Review Time

In an effort to streamline the City of Vancouver's permitting processes, the local government has announced the upcoming launch of two digital tools: the Project Requirements Exploration Tool (PRET) and eComply. These tools, developed in collaboration with Australian software company…

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Recent Update on Canada’s Foreign Buyer Ban!
Update on Canada's Foreign Buyer Ban!

Recent Update on Canada’s Foreign Buyer Ban!

In an effort to address housing affordability concerns, the Government of Canada introduced the Prohibition on the Purchase of Residential Property by Non-Canadians Act, a two-year ban on foreign buyers. However, industry stakeholders raised concerns about some of the details…

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