Mindblown: a blog about philosophy.

Foreign buyers face a 10% speculation tax in Toronto starting January 1, 2025. The new Municipal Non-Resident Speculation Tax ensures affordable housing by curbing speculative foreign investments.

Toronto Market Overview: – High demand, frequent bidding wars – Avg home price exceeds $1.1M – Mortgage pre-approval is essential First-Time Buyer Assistance: – Withdraw $60K tax-free from RRSP – $1,500 rebate with Tax Credit – Save $40K via First Home Savings

A pilot program in a northern ward aims to allow five- and six-unit multiplexes to address housing needs. Around 61% of residential lots in the area are suitable for sixplexes, supporting increased housing density.

International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations…

Tax cuts led to a temporary increase in rental construction in Toronto, but the effects were short-lived. The GTHA saw rental starts surge from 16% to 27%, tripling in Toronto to 51%.

Toronto's skyline transforms with a once-in-a-generation construction marvel, reshaping the city's core landscape.The 50-storey tower at 141 Bay Street becomes Canada's tallest commercial project under construction.

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