Could a new tax on homes worth 1M dollars and up help fix Canada housing crisis

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Although Canada's housing market went ice cold when the pandemic began in March 2020, it soon came roaring back and spent much of 2021 on fire. Average prices across the country rose to their highest level on record at more than $720,000 in November, and despite those high prices, the year smashed the annual sales record, too, with more than 630,000 homes changing hands.

Continue to read on: CBC