MymlsMarket

Canada’s central bank says the housing market is stabilizing. These economists aren’t so sure. To hear the Bank of Canada tell it, the Canadian housing market is “stabilizing.” But CIBC Deputy Chief Economist Benjamin Tal and his colleague Royce Mendes, a senior economist, aren’t so sure.

http://business.financialpost.com/personal-finance/taxes/if-you-sell-real-estate-expect-the-taxman-to-take-a-close-look-in-continued-cra-crackdown?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook =1527256867

If you sell real estate, expect the taxman to take a close look in continued CRA crackdown In three years, CRA auditors have reviewed more than 30,000 files and identified nearly $600 million in additional taxes, resulting in over $43 million in penalties