Prediction housing sales will slow in Golden Horseshoe
Experts say many prospective home buyers will likely wait on the sidelines now, to see how new measures introduced by the Ontario government affect the market.
The government's moves to cool the red-hot housing market in parts of Ontario include a 15 per cent tax on non-resident speculators in the Greater Golden Horseshoe, which stretches from the Niagara Region to Peterborough.
C-I-B-C economist Benjamin Tal says the measures are likely to cool the market over the next six months as many buyers take a wait and see approach.
The province is also giving Toronto and other municipalities the power to impose a tax on vacant homes, something that Toronto Mayor John Tory has been asking for.
The annual IceDogs Teddy Bear Toss Game, good for those in need, not so good for the home team. The IceDogs dropped their 5th straight “Teddy” game, falling 6-3 to North Bay.
Stephen Dhillon stopped all 29 Ottawa shots to record his first shutout of the year in a 3-0 road win Saturday night. Elijah Roberts, playing in his 150th game was outstanding at both ends of the ice.
Colton Incze was the first star in Kingston as the IceDogs topped the Frontenacs 3-1. Incze “pulled the monkey off his back” winning his first game of the season, stopping 31 pucks.