By Toronto Real Estate Board
Torontonians want nothing more than to own a home in the City that they love. However, City Hall wants to put up another obstacle to home ownership by hiking the Land Transfer Tax. These proposed changes could add thousands of dollars in upfront tax for some home buyers.
As a result the Toronto Real Estate Board has launched #AnotherObstacle, a campaign to help stop the proposed changes to the LTT in Toronto. Members of the public can visit www.anotherobstacle.ca and take action against this unfair tax by sending a message to their councillors or sending a tweet.
See the infographic below to learn what the proposed changes could mean for home buyers: