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Real estate market news April 21th 2017

Ontario slaps 15% tax on foreign buyers, expands rent control in 16-point plan to cool housing

Ontario also plans to help cool a hot housing market by allowing Toronto to impose a tax on vacant homes and using surplus lands for affordable housing

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Montreal posts $139-million surplus for 2016, but debt continues to grow

Report also shows $1.16 billion spent on infrastructure; $10.5 million more than expected paying police officers to keep road construction sites safe

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Three levels of government won't do anything to cool Toronto's housing market, say wait until Ontario budget

But Ottawa will help Ontario in a number of ways including housing data collection and analysis, enforcement of tax compliance through ACRA and anti-money…

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