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2025-11-04 21:14:51 UTC

Dr. Mike P. Moffatt on Nostr: Out of budget lockup. I recently wrote: "Ottawa imposes a 10 percent luxury tax on ...

Out of budget lockup. I recently wrote: "Ottawa imposes a 10 percent luxury tax on yachts... yet a family buying a semi in Scarborough pays the equivalent of 15 percent in [DCs] and land transfer taxes."

Today the gov't addressed this by eliminating the luxury tax on yachts.