106. Taxing Homeowners In Canada – CMHC Report Reaction

March 15, 2022 00:30:11
106. Taxing Homeowners In Canada – CMHC Report Reaction
Wealth On Main Street
106. Taxing Homeowners In Canada – CMHC Report Reaction

Mar 15 2022 | 00:30:11

/

Hosted By

Richard Canfield Jayson Lowe

Show Notes

Wealth Without Bay Street EPISODE #106: On today’s episode of Wealth Without Baystreet, Jayson and Richard challenge an article’s view about taxing homeowners in Canada. The Canada Mortgage and Housing Corporation supports the proposal of a surtax on homes valued at $1 million or more. Jayson and Richard talk about how this would hurt the middle class, hard working citizens of the country.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

2:48 Looking Into The Article

5:20 Digging Deeper Into The Problem

10:02 The Government’s Spending Problem

14:59 Origin of Income Tax in Canada

16:37 Real Estate Values

24:10 Why This Article Should Bother You

BNN Bloomberg Article: https://www.bnnbloomberg.ca/cmhc-backed-report-calls-for-surtax-on-1m-homes-1.1703518?fbclid=IwAR2T9R14BWOfNlHLGCYaUg6tBddcSTfjZLgY678wLsnCKIWSRC8rxGNTa8o

Federal Reserve Money Supply Graph: https://fred.stlouisfed.org/series/M1SL

Other Episodes

Episode

July 27, 2021 00:58:27
Episode Cover

73. Sales Jiu Jitsu: Black Belt Strategies To Double Conversions – Elliot Bayev & Daniel Moskowitz

Do you want to learn the strategy to exponentially boost your sales? Elliott Bayev and Daniel Moskowitz take a combined 50 years experience in...

Listen

Episode 0

April 05, 2023 00:29:41
Episode Cover

161. Create More Certainty and Cash Value: Retirement Planning 2023

Wealth Without Bay Street 161: How To Create More Certainty and Cash Value | Retirement Planning 2023 The late and great Ben Feldman said...

Listen

Episode 0

January 12, 2023 00:44:58
Episode Cover

149. Infinite Banking In Canada Versus The USA | Top 10 Differences

Wealth Without Bay Street EPISODE 149: Featuring on today’s episode of Wealth Without Bay Street is Roman Pushkar. Join us as Richard and Roman...

Listen