“The following are examples of individuals who are affected owners of residential property and, therefore, are persons that have to file an annual return: […] individuals who are citizens or permanent residents of Canada and who are owners of residential property in Canada in either of the following capacities: // as a trustee of a trust (other than as a personal representative of a deceased individual and other than as a trustee of a mutual fund trust, real estate investment trust or SIFT trust for Canadian income tax purposes) // as a partner of a partnership”

“While large corporate investors own a significant share of Canada’s rental units and will play an important role in building new homes, the government recognizes that too many Canadians have experienced excessive renovictions, above-guideline rent increases, and other actions that have made rent more expensive. More needs to be done to ensure these homes are affordable for Canadians, which is why policy changes applicable to all large corporate landlords could be considered to ensure best outcomes on affordability and fair treatment of tenants. // The government is committed to ensuring that investor activity, especially among those who own a significant number of investment properties, is helping, not hurting, housing affordability in Canada and will review whether the government needs to rebalance the housing market in favour of Canadians looking for a home to live in.”

“The Liberals’ campaign promise to implement a surtax on financial institutions that profited during the pandemic was listed as a priority for both parties.”