This is a Really Bad Idea

Posted by MIchael Campbell

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Purposely reducing the value of the vast majority of people’s most valuable asset while trying to slow the most dynamic industry in 7 out of 10 provinces all in the name of creating affordability will not have a happy ending. Yet all three levels of government are doing precisely that. News flash: historically rising asset prices have never been the problem – falling ones are.

….also from Michael: If You Don’t Agree With The Canada Revenue Agency – Tough Luck!

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