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Soaring lumber costs and building supplies pushing up price of new homes A recent survey by the Canadian Home Builders Association found the added lumber costs alone are increasing the price of a home by $20,000.
Author of the article: Joel Schlesinger  â¢Â for the Edmonton Journal
Publishing date: May 21, 2021  â¢Â 10 hours ago  â¢Â 2 minute read  â¢Â A worker loads finished trusses for homes onto a truck at Wasatch Truss in Utah. Lumber prices have sky rocketed along with supply shortages the last several months have plagued the construction industry. Photo by George Frey /Getty Images
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Mansion Global
Are Holiday Cottages Included in Canada’s Property Tax Hike Proposal?
The government is still working out the details on the potential fee increase on vacant properties owned by non-citizens By V.L. Hendrickson |
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The Canadian government proposed a tax on vacant homes owned by foreign property owners who don t reside in the country. chimpyk / Getty Images
The Canadian government proposed a tax on vacant homes owned by foreign property owners who don t reside in the country.
chimpyk / Getty Images
Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question.
Management of Zolo
Headquartered in Vancouver, Zolo was the result of two tech-driven entrepreneurs, Ryley Best, current CEO, and Barry Allen, past CEO. Realizing that real estate was ripe for change, the founders launched the only tech-powered national brokerage in Canada. Given the strong emphasis on seamless transactions and smooth, online experiences, Zolo is the only Canadian firm to provide proprietary-based real-time trends and up-to-date data regarding residential housing prices and transactions. This privately-held real estate online market doubled earnings each year for the first five years and continues to expand and grow. Significant hires include former Elastopath founder, Jason Billingsley, as COO as well as the award-winning business and personal finance expert, Romana King, as director of content.