New CRA tax laws to peruse and enjoy ;)

[Peacefulbird]

Thank you for the update, I'll send this inf. To my accountant asap. But what happens if your renting? If their main goal is to collect more money through taxes; then it wouldn't be fair just to apply it to just homeowners. There are people making businesses in rented homes.

[sandylynn]

I brought this topic up a few weeks back...please post what anyone finds out!

[kindertime]

Thank you for the update, I'll send this inf. To my accountant asap. But what happens if your renting? If their main goal is to collect more money through taxes; then it wouldn't be fair just to apply it to just homeowners. There are people making businesses in rented homes.

YOU will not be selling the house. That is all there is to it. It is about homeowners who sell their homes. You rent, so you can move but you haven't sold the property so it doesn't apply to you.