Canmore Attempting to Tax Its Way Out of Housing Crisis

Canmore attempting to tax its way out of housing crisis

From the Fraser Institute By Jake Fuss and Austin Thompson Taxing part-time residency is no substitute for genuine housing reform, and may in fact deter investment in new housing. A recent court decision has cleared the way for Canmore next year to impose a new “Livability Tax”—a 0.4 per cent property tax surcharge for homes left unoccupied for more than half the year. Mayor Sean Krausert called the ruling a “big win for Canmore.” But without ad…

EXCLUSIVE. In a campaign in which left-wing candidates multiply housing proposals, it is Emmanuel Grégoire's turn to unveil his measures to the Parisian. The candidate for the socialist nomination wants to engage in "an unceasing hunt for housing".