New Rules For Housing Industry

By: Jeffrey & Irene Joseph

New Rules For Housing Industry

Tags: Toronto Real Estate, Housing Rules, GTA

  Three New Housing Rules Aimed At Protecting The Nation's Housing Industry Were Announced By Finance Minister Bill Morneau.  They Are As Follows: 1. Closing Tax Loopholes For Capital Gains Exemptions On Principal Residence Sales 2. Consulting With Industry Stakeholders To Ensure Risk Is Properly Distributed. This May Include Lender Risk Sharing. 3. Standardizing Lending Criteria...Read More