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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@rjuniorBC officially imposed a 15% “property transfer tax” on foreigners wishing to purchase property in BC. Premier Christy Clark has stated that the new property transfer tax would limit demand, making housing more affordable in Metro Vancouver. Which is, of course, utter poppycock. The tax will NOT work for three key reasons: 1) the tax is too easy to get around; 2) the vast majority of the non-resident investors buying up Vancouver real estate do not care about an extra 15% “property transfer tax” – they will see it as a cost of doing business; 3) the law is a violation of Canada’s investment protection treaties, including NAFTA
@nicholaslepanToronto is becoming a condo city. For some, buying a condo is a means to a life full of urban pleasure, to others it's a source of headaches and disappointment. From falling glass to noisy neighbours, the reality of condo life is bit more complicated than the sophisticated images in advertising brochures. The Agenda convenes a panel to discuss the advantages and dilemmas of condo ownership. https://www.youtube.com/watch?v=ICeI0fp_UMo+#realestate#condos
@nicholaslepanInvestors bought $34.7-billion worth of commercial property valued at more than $10-million last year, according to real estate brokerage CBRE Group Inc. That was a 33-per-cent increase from a year earlier, and surpassed 2007’s record of $32.1-billion. Foreign buyers accounted for about 27 per cent of Canadian deals in 2016, up from just 6 per cent the year before. China and Hong Kong accounted for 71 per cent of foreign commercial real estate investment; Europe made up 17 per cent, and the U.S. was 8 per cent. http://www.theglobeandmail.com/globe-investor/#realestate#Canada