First time home owners do receive a $2000 land transfer credit in Ontario. Otherwise, you would think previous homeowners would by now have a bit of equity to pay the transfer taxes.
I feel the cuts to Bank of Canada prime rate and personal and business taxes will do well for now. Eliminating the land transfer tax could be a good idea during economic inflation.
First time home owners do receive a $2000 land transfer credit in Ontario. Otherwise, you would think previous homeowners would by now have a bit of equity to pay the transfer taxes.
I feel the cuts to Bank of Canada prime rate and personal and business taxes will do well for now. Eliminating the land transfer tax could be a good idea during economic inflation.
*opinions
solarcradle 2 years ago