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Investment property mandate

  • Thu, December 23, 2021 11:30 AM
    Reply # 12212262 on 12211071
    Christian Szpilfogel (Administrator)

    I was wondering the same thing. I fear it will be a big fat line. ;) 

  • Wed, December 22, 2021 2:26 PM
    Message # 12211071
    John Walsh (Administrator)

    Just wondering if anyone caught this news article.

    https://globalnews.ca/news/8466909/investment-properties-mandate-letter-canada/

    The line I enjoyed the most:

    "He says the government would draw a line between mom-and-pop-style landlords and large real estate trusts that own hundreds of units as a passive investment vehicle and may not care whether they are occupied."

    Do you know any business that wouldn't want to maximize returns by having zero vacancy?

    Where's the line drawn for mom & pop... 2 units?

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