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High taxes hamper real estate investment in Canada: Study

Posted on 01 December 2010

From Thestar.com: High taxes are an impediment to commercial real estate investors looking to invest in Canada, says a new global study. “I think it’s clear that the system is broken and no one has the fortitude to step up to fix it,” said Gerry Divaris, vice president of Cushman & Wakefield property tax services.
Commercial property owners in Canada pay the highest taxes globally, according to a report by Luxemburg-based tax advisory service Taxand……………………………………….Full Article: Source


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