A crackdown on foreign buyers in British Columbia has Chinese investors looking east for other opportunities in Canada, with Toronto emerging as a prime destination for commercial investment. As Chinese investment in foreign real estate retreated globally in 2018, Vancouver saw a particularly sharp drop-off as a series of new taxes kicked in, Bloomberg reported. Meanwhile, Toronto saw a slight increase in investment from Asia as a whole, beating Vancouver for the top spot according […]
source https://therealdeal.com/2019/04/09/chinese-investors-facing-new-regulations-shift-focus-from-vancouver-to-toronto/
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