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.
Akil Thomas of the IceDogs was named today to the OHL's All-Rookie team. Thomas was selected as the first team right winger, garnering more votes than any other first year player.
The IceDogs made 5 selections Wednesday night in the first ever Under 18 Priority Selection event. While the traditional Priority Selection draft is dominated by Minor Midget hockey players, the Under-18 draft is to identify "late bloomers" from the Major Midget hockey ranks.
Six Niagara IceDogs prospects from last weekends’ draft have been invited to participate in the upcoming 2017 OHL Gold Cup. Philip Tomasino, Billy Constantinou, Ian Martin, Christian Sbaraglia, Ryan Campbell and Mason Howard will be in Kitchener for the event May 3rd-7th.