If you haven’t heard, last week the provincial government introduced Ontario’s Fair Housing Plan. This proposed plan includes 16 measures to help cool the Greater Toronto Area’s red-hot real estate market.

On Sunday, I joined CTV News to discuss the effectiveness of this plan and specifically the 15% foreign buyers tax.

Watch the video:

Monte Burris

Ontario's finance minister can't say how much a tax on foreign home buyers will affect the red-hot market in the greater Toronto area. Experts have raised questions about the effectiveness of the new 15 per cent levy. Monte Burris from Trust Realty Keller Williams joins us to take a closer look.

Posted by CTV News Channel on Sunday, April 23, 2017