Free the news
ThinkPol

ThinkPol

583 stories.

Government

CRA to tighten voluntary disclosure program

By ThinkPol Staff Canada’s tax agency will tighten the controversial program that allowed wealthy tax evaders to turn themselves in without fear of prosecution or civil penalties. The Canada Revenue Agency’s (CRA) Voluntary Disclosures Program (VDP) was set up in…

Economy

Many Metro Vancouver homes selling for a loss

By ThinkPol Staff Dozens of homes in Metro Vancouver bought in the last two years are currently listed to be sold for a loss as speculators appear to exit Canada’s hottest real estate market. An industry insider sent ThinkPol sales…

Transparency

Don’t privatize Canada’s airports ‒ Commons committee

By ThinkPol Staf A Parliamentary committee is recommending against the Liberal government’s plan to sell off Canada’s airports to raise billions in capital to be used towards other public infrastructure projects. “Limit rising passenger and operational costs by preventing the…

Crime

Real estate developer nailed for tax evasion

By ThinkPol Staff A Metro Vancouver real estate developer has been sentenced to 12 months probation and fined $42,950 for tax evasion, the Canada Revenue Agency says. Harpreet Kaur Sidhu of Burnaby, British Columbia, the sole director and shareholder of…

Economy

Realtor boasts of entire triplex being run as Airbnb

By ThinkPol Staff A realtor listing an East Vancouver triplex for sale is boasting that the entire property is being run as an Airbnb hotel, which is a violation of Vancouver bylaws. An industry insider sent ThinkPol the Multiple Listing…

Housing

Realtor blames typo for 6x attempted flip, claims markup is only 100%

On Sunday, ThinkPol published a story about how a real estate speculator is apparently attempting to sell for $15 million a Coquitlam property they bought for $2.6 million less than a year ago. Now, the realtor listing the property is blaming a typographical mistake on his part for the apparently astronomical markup of the attempted flip, and claims that the owners are only seeking to make a 100% profit.