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Realtors oppose tax hike on non-resident buyers, fearing it will hurt Nova Scotia's housing market.
The Nova Scotia Association of Realtors is opposing the provincial government's plan to increase the deed transfer tax for non-resident buyers from 5% to 10% starting April 1.
They argue the higher tax could deter investment and hurt the housing market, especially in rural areas.
The government expects to raise an additional $13 million from the tax hike, which critics say unfairly targets middle-class homeowners.
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Los agentes inmobiliarios se oponen al aumento de impuestos sobre los compradores no residentes, temiendo que perjudicará el mercado inmobiliario de Nueva Escocia.