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Non-Resident Speculation Tax

Monday, May 1st, 2017 at 10:48am Shell Admin Collingwood Muskoka

Unbelievably the area of the province that are EXCLUDED from the 15% tax include both Blue Mountains and all of the Grey and Bruce Counties and Muskoka. I don’t believe that this will cool down the market at all as Toronto specifically, will overtake Vancouver in 2017 as the hottest Real Estate market in Canada. Our area of "South Georgian Bay” will continue to attract more and more buyers who are cashing out of the Greater Toronto Area and Greater Golden Horseshoe (GTA and GGH) and moving to small town Ontario.

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