Ontario raises foreign homebuyer tax to 20%, makes it province-wide
It had previously been set at 15% and only applied in the Greater Golden Horseshoe region
Ontario is increasing a speculation tax on non-resident homebuyers to 20 per cent.
The tax will also be expanded to cover the entire province.
It had previously been set at 15 per cent and only applied in the densely populated Greater Golden Horseshoe region in southern Ontario.