Canadian housing prices are unaffordable, at least in part, because successive governments have failed to address the fact that Canada is one of the world’s foremost tax and secrecy havens, minus the palm trees.
In fact, the term “snow washing” has been coined to describe how easily dirty money can be washed clean, like the snow, in Canada. But there is some hope on the horizon.
Ontario housing shortage is worst in the country and threatens to exacerbate affordability woes
