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2022 Federal Budget & the Canadian Real Estate Market

The 2022 Federal Budget promises tax breaks and homebuyer incentives aimed at taming the real estate market.

I recently met with Anna Malazhavaya of @advotaxlaw to uncover how these changes affect Canadians investing in real estate:
• Changes to sales taxes on Assignment Sales
• How CRA tracks assignments
• Changes to sales taxes on Principal Residences

For more specific advice about your personal situation, please speak to a tax expert.