In this video, the Ragona Sisters break down a controversial proposal that could place an annual tax on home equity in Canada. Unlike capital gains, this surtax would target the value homeowners have built in their properties. We examine the Generation Squeeze report, the proposed $1M threshold, the deferral system that adds interest until sale, and how critics say the plan could impact retirees and long-term homeowners while raising questions about housing affordability.
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