The Financial Post cited policy suggestions from Thomas Davidoff at the UBC Sauder School of Business and UBC geographer David Ley for a story about the Toronto and Vancouver housing markets.
Davidoff has proposed a 1.5-per-cent tax on “owners with limited economic and social ties to Canada.”
Ley has suggested a property-transfer tax that would apply to the entire market, with the tax imposed on an escalating scale.
