The Liberal Home Equity Tax Proposal Would Charge Canadians Every Year Based on the Value of Their Home
15th March 2026
You don’t need to sell.
You pay the tax annually on your home equity.
Example in their proposal:
Homes over $2M ? ~$14,700 per year.
Your home becomes a taxable asset.
In Texas we pay such a tax, nominated “property tax”, and that’s a major component of support for local government, especially schools, municipal services, and other infrastructure.
That’s not what’s happening in Canada. What’s happening in Canada is more akin to the Sanders/Warren ‘wealth tax’.
March 16th, 2026 at 06:18
Indeed. They already have the property tax layer in place.