The Finance Minister announced steps to curb the influx of foreign capital into the Canadian Real Estate Market  (in which he really meant TO and Vancouver ... down east we are not really suffering from the influx of foreign money ... sure we lost a 50-unit deal a couple of years ago to a Chinese investor, but the property was not worth what s/he paid, so we'll see it back on the market eventually).That said, Ottawa is only removing a loophole which has allowed foreigners to purchase a residence in Canada, claim it as their principal residence and then benefit from the personal residence {captial gains} tax exemption when they sell.  

I am a Ordained Minister through the online Universal Life Church.

Horror #4: we rented a 3/2, 1120’ SFR to a minister, his wife, and 4 home schooled children.  

"British Columbia Finance Minister Carole James announced measures targeting foreign buyers and speculators in the first budget since her government was elected on a pledge to make housing more affordable for residents of Canada’s Pacific Coast province.""

They wouldn’t tell me rates or terms until we discuss a specific property, but in any case this is a good sign.In case there are any doubts about the investment case, a deputy minister of infrastructure came out with a shocking statistic recently:In order for Ukraine to have the same m2 per capita as the European average, one BILLION square meters of residential real estate needs to be built.

My next door neighbor at the time turned out to be the entrepreneurial type who was also a "mail order minister" (until the IRS shut down the "Church of Life").

I once let to a tenant who claimed he had no credit history because he paid cash for everything, he was a minister,he sounded great , as soon as he moved in he was partying and indulging in various un minister like activities, a google search turned up the fact that he'd spent 20 years in jail for murder and was making up for all the lost time.

He hopes to make money in real estate some day so he can be a youth minister who doesn't depend on a small paycheck to feed his family.

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Regina;Hello I'm Minister Watts.