Canada Has $6 Trillion in Housing Wealth — And the Government Is Running Out of Places to Look
The word "untaxed wealth" didn't appear by accident. Governments historically rename assets before they tax them — and Canada's $6.1 trillion in home equity is now squarely in the crosshairs.In this video, we break down what's already happening, what's being discussed behind closed doors, and the 15-year timeline every Canadian homeowner needs to understand — whether you own a condo, a family home, or an investment property. Here's what we cover: 🔴 Why a $64 billion/year deficit makes your home equity the government's most attractive target 🔴 The taxes that are ALREADY real: property tax hikes (Toronto: +9.5% in 2024, +6.9% in 2025), Vacant Home Tax expansion, and BC's new anti-flipping rules 🔴 What's being discussed — including the Generation Squeeze surtax proposal (0.2%–1% annually on homes over $1M) and potential changes to the Principal Residence Exemption (PRE) 🔴 The honest 5/10/15-year forecast for Canadian homeowners 🔴 What you should be doing right now to protect your equity ⚠️ This is not about losing your home. This is about homeownership becoming more expensive, more layered, and more complicated than it has ever been. And the window to plan is closing. 📞 Want to protect your equity before the rules change? Book a strategy call with us Ragona Sisters:https://calendly.com/ragonateam Disclaimer: This video, and all videos on the Ragona Sisters Real Estate & Market Talk channel, are for informational and entertainment purposes only. Not financial or legal advice. 📬 Join the Ragona Sisters Insider Newsletter for exclusive GTA insights:https://ragonasisters.ca/join-the-rag... #CanadianRealEstate, #HomeEquity, #PrincipalResidenceExemption, #TaxPlanning, #RagonaSisters, #CanadaHousing, #RealEstateTax, #wealthprotection

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