You don’t need to sell. You pay the tax annually on your home equity
News on the Net -- Marc Nixon, Bio and Archives--March 10, 2026
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Example in their proposal:
Homes over $2M → ~$14,700 per year.
Your home becomes a taxable asset.
The Liberal Home Equity Tax proposal would charge Canadians every year based on the value of their home.
— Marc Nixon (@MarcNixon24)March 10, 2026
You don’t need to sell.
You pay the tax annually on your home equity.
Example in their proposal:
Homes over $2M → ~$14,700 per year.
Your home becomes a taxable asset. pic.twitter.com/0nvTvvdTdu
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