Author Archives: Danielle Park

Ontario needs to enact foreigner buyer tax too

B.C.’s government surprised many observers on Monday by announcing an additional 15 per cent property transfer tax on foreign homebuyers. BMO Capital Markets Chief Economist Doug Porter called the move “entirely justified” amid persistent double-digit home-price gains in the province. … Continue reading →

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Money laundering flows into Canadian real estate

Vancouver and Toronto have been first in line in Canada for international flows hiding from their home governments. But over-valuations, reckless leverage and financial risk have now spread well beyond these two centers, weakening Canadian households, the economy and our … Continue reading →

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Danielle’s weekly market update

Danielle was a guest today with Jim Goddard on Talk Digital Radio, talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here.

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