Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industry

  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Canada Headlines News

Canada Latest News,Canada Headlines

The language used in the foreign homebuyer ban legislation is stopping real estate development in its tracks, CIBC says. Find out more.

Play Video

The federal government’s foreign homebuyer ban was designed to improve housing affordability, but a major flaw in the legislation is causing more harm than good, according to the Canadian Imperial Bank of Commerce.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account and fewer ads

Get exclusive access to the National Post ePaper, an electronic replica of the print edition that you can share, download and comment onSupport local journalists and the next generation of journalistsSubscribe now to read the latest news in your city and across Canada.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 43. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industryThe language used in the foreign homebuyer ban legislation is stopping real estate development in its tracks, CIBC says. Find out more. What about the damage to the fabric of the nation if the citizens have to compete against the world to buy a home in their own country? 'The damage is real' how short-sighted can you be? The act and its language is good. Canadians cannot compete with corporations or organized crime money laundered in our real estate market.
Source: financialpost - 🏆 7. / 85 Read more »

Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industryThe language used in the foreign homebuyer ban legislation is stopping real estate development in its tracks, CIBC says. Find out more. Lol of kors blame the ban. 😆 😂 could it be the interest that is causing the damage. Global slow economy? We will adjust 30 years too late
Source: nationalpost - 🏆 10. / 80 Read more »

Canaccord deal battle pits ex-CIBC bankers against each other - BNN BloombergTwo executives spearheading a leveraged buyout of Canaccord Genuity Group Inc. have a problem: They can’t get the deal past a board member who had previously been a close colleague at one of Canada’s biggest banks.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Concerns with foreign election interferenceA Privy Council report looking into election interference has been sent to the PMO. Mike Le Couteur has the latest.
Source: CTVNewsVI - 🏆 28. / 68 Read more »

Trudeau defends Han Dong amid report CSIS warned of foreign influence concerns - National | Globalnews.caJustin Trudeau says his top national security adviser and the deputy minister of Global Affairs Canada will testify on concerns about foreign interference later this week. It's racist to say anything else Haven't heard Trudeau wanting to sue the star or global. This Trudeau will say anything in defiance of any questions and inquiries. His new defense doesn't even make sense.
Source: GlobalNational - 🏆 81. / 51 Read more »

Canada’s leading international aid groups urge Ottawa to increase foreign assistance contributions77 aid organizations pen letter to Finance Minister Chrystia Freeland asking the government to commit to a predictable three-year boost to reach $10-billion by 2025 As much as humans around the world need (and deserve ) a better life, my opinion is that Canada should take care of Canada first!! We’re falling apart and who’s gonna help us Maybe we should do a humanitarian switch, send our overpaid lazy politicians for some folks in need🤷🏻‍♂️. ... While the taxes still eating Canadians and homelessness is everywhere. What a joke! CANADA IS BROKE
Source: globeandmail - 🏆 5. / 92 Read more »