Toronto's Real Estate, Foreign Investment Tax
This petition had 9 supporters
It's time to stand up and protect our community as well as the next generation—Toronto is not for sale. The housing needs of Toronto residents are more important than the profit margins of foreign speculators. Vancouver has already introduced taxes on foreign investment in residential real estate—what are we waiting for? We demand that Premier Kathleen Wynne, Mayor John Tory and all other mayors and city councillors of Ontario to introduce a foreign investor tax like Vancouver to curb foreign investment in residential real estate in Toronto and surrounding areas by the end of 2017.
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