policy
06. policy After two years of red-hot housing markets throughout Canada and British Columbia, there are growing indications that new interventions will be introduced with the goal of bringing balance to the market. In BC, a buyer “cooling-off period” is being contemplated, while nationally a speculation tax and potential ban on foreign buyers have not been ruled out. We’ll weigh on these would-be policies as they are officially introduced. For now, we focus on the Bank of Canada.
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