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TRREB Updates Its Sales Forecast and Average List Price Upwards New Research Shows Potential Land Transfer Tax Hike Would Hurt All Buyers and Sellers

TRREB Updates Its Sales Forecast and Average List Price Upwards New Research Shows Potential Land Transfer Tax Hike Would Hurt All Buyers and Sellers
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Two Ontario communities shy away from supporting Bradford Bypass

Two municipalities near the Ontario government’s proposed Bradford Bypass highway are expressing new reluctance about the province’s attempt to fast-track the project. Though the highway proposal was first conceived decades ago and has long been supported by the communities along its route, it’s facing new scrutiny amid backlash over another Ontario highway plan, the 413. The Ford government is seeking to expedite the bypass, which last underwent a full environmental assessment in 1997 and would cut through the protected Holland Marsh. In the last two weeks, two local councils decided not to pass motions declaring their support for the project. On May 31, councillors in Barrie voted instead to pass a motion asking the province to do a comprehensive impact assessment and look at alternative routes. On May 26, a split council in neighbouring Innisfil hit an impasse on expressing a position at all, a departure from the town’s years of supporting the bypass.

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