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.
IceDogs first year forward Philip Tomasino has been selected to represent Canada at the World Under 17 Challenge in Dawson Creek and Fort St. John B.C. A total of 66 CHL players will be divided into three teams wearing Canada's colours from November 5-11.
Trailing 4-1 after one, the IceDogs scored three unanswered in the second then held off a furious Erie attack in the third before falling 5-4 in overtime. The Dogs picked up a possible 7 of 8 points, completing a string of four consecutive road games.
Johnny Corneil scored a pair of goals and Ondrej Machala netted the game winner with 3:15 left as the IceDogs won 3-1 in Guelph. With a record of 6 and 2, Billy Burke's team has won three straight on the road.