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Trudeau Taking Tougher Approach on Investment Properties

Source: Jordan Press The Canadian Press, Global News, December 22, 2021

“The point is to reduce the speculative demand in the market and help cool these astronomical increases in prices,” said Housing Minister Ahmed Hussen.

Canada’s housing minister says the federal government plans to take a tougher stand on investment properties to help cool housing prices.

The broad strokes of the agenda were outlined in the mandate letter the prime minister gave to Housing Minister Ahmed Hussen.

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