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

February 05, 2020 00:52:19
Episode Cover

3. Creating Community that Builds Wealth | WWBS Podcast

In today’s episode, we talk to Russ Morgan and Joey Mure of The Wealth Without Wall Street Podcast and their journey of discovering the...

Listen

Episode 0

May 15, 2024 00:41:47
Episode Cover

219. Is Infinite Banking Worth It? Scott Butt's Transformation

Wealth Without Bay Street 219: Is Infinite Banking Worth It? Scott Butt's Transformation How can Infinite Banking revolutionize your financial life? In this episode,...

Listen

Episode

August 10, 2021 00:26:06
Episode Cover

75. Wealth Coach Improves Financial Health With #IBC

Back on the Wealth Without Bay Street’s Advisor series, Liz Lamond is an advisor with Ascendant Financial. She discovered IBC after investing in real...

Listen