Toronto Land Transfer Tax: Why we should get rid of it & the way to help do it!

On June 5th the Toronto Real Estate Board (TREB) renewed it’s campaign to end the Toronto Land Transfer Tax. Partially, at least, as a result of an extensive poll of residents from the City of Toronto

Toronto and Ontario Land Transfer Tax

Real estate transactions in most large parts of the country can add Land Transfer Taxes (simply put taxes that are levied on properties that are changing hands) to the list of closing costs. The City of Toronto is in no way an exception to this rule. When purchasing real estate…