Changes in the
federal «death» tax rules between now and January 1, 2011 will likely lessen the impact of this tax on some people, but some states are
offsetting those
federal decreases with increases in their state - level
estate taxes.
New
federal mortgage rules are creating a «policy ceiling» that will curb Toronto's soaring house prices this year, measures that would be partly
offset by another Bank of Canada rate cut, the local real
estate board said in a new forecast.