Tag Archive: Canada

Uncovering the Underused Housing Tax in Canada | All You Need to Know

March 11, 2023 12:58 am

Are you a non-resident or non-Canadian homeowner whose property has been sitting vacant? If so, it may be time to reconsider your tax liability. Effective last January 1, 2022, the Canadian government instituted an annual 1% tax on the ownership of vacant or underused housing in Canada. This is part of their effort to increase […]