Oct
09

Ontario Wants Foreign Housing Investment, Finance Minister Says

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  • Sousa seeks more Toronto data before considering new policies
  • Remarks follow bids by federal government, B.C. to cool market

Ontario is signaling it’s in no rush to roll out additional measures to cool the Toronto housing market.

Finance Minister Charles Sousa, in an interview with Bloomberg TV Canada, said he welcomes foreign investment in Canada’s most-populous province and remains “very sensitive to affordability” of housing, adding more data is needed before making policy changes…

Ontario Wants Foreign Housing Investment, Finance Minister Says

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