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 CHL Import draft is underway and with the 13th overall pick the IceDogs have selected Swedish D-Man Timothy Liljegren. Liljegren stands 6'1" tall, weighing in at 191lbs and was Toronto's first round selection, 17th overall at last weekend's NHL entry draft.
The IceDogs pre-season schedule has been announced with four exhibition games beginning September 1st, featuring home games in both Thorold and Beamsville. Barrie and Kitchener will provide the opposition in preparation for the 2017-2018 regular season.
A second member of the IceDogs sees his NHL dream become a reality as Ben Jones is drafted by the Vegas Golden Knights. Jones was chosen in the 7th round, 189th overall by the expansion Golden Knights in the NHL entry draft.