Jason Bugra

🇨🇦 Who Am I? | Director, Rental Management Services | Residential, Multi-Family & Strata Property Management | Across Canada

[Jason Bugra @JasonBugra]

@balsindha Brutal stats. In due time it will calm down

[Jason Bugra @JasonBugra]

Abbotsford is taking the lead on this.

"Abbotsford homes flying off shelf as October brings major spike in sales"

Don't worry I wont say bottoms in yet... 🙃

https://t.co/5hlScR9zoT

[Jason Bugra @JasonBugra]

@Sanghera__Aman Feel you

[Jason Bugra @JasonBugra]

@MikeGillYYC We will need the 4plexes in due time. Not everyone wants to live in a condo or can afford a SFD.

[Jason Bugra @JasonBugra]

@PasqualeSasso Yeah I agree, I was only having fun. Its nice to see sales activity tho. We still got 3-4 years before anything material imo.

[Jason Bugra @JasonBugra]

@SteveSaretsky Anyone who is against this wants BC to implode itself.

[Jason Bugra @JasonBugra]

@TheELongWave This is a great explanation, thanks for that.

[Jason Bugra @JasonBugra]

@bieksa2burrows I was thinking more by 2032

But I can see that happening, especially with construction completely stalled right now.

[Jason Bugra @JasonBugra]

There you have it…

“Budget 2026 proposes to extend the ban on foreign purchases of existing residential properties for two years, to January 1, 2029, while exempting new residential properties,”

So basically only foreign buyers will be able to afford new construction.

[Jason Bugra @JasonBugra]

@bieksa2burrows Not for a long time

[Jason Bugra @JasonBugra]

@balsindha 😅

Not calling it anymore.

[Jason Bugra @JasonBugra]

Its evident, Canada 'needs' immigration for the foreseeable future.

[unusual_whales @unusual_whales]

BREAKING: Canada's Carney’s government has released its 2027–29 immigration plan:

- 380,000 new permanent residents a year
- 370,000 new temporary residents a year (workers and students)
- Up to 348,000 more people already in Canada moved to permanent status through one-time programs

Combined, that could push permanent resident admissions well past the record of about 485,000 set in 2024, per CBC

[Jason Bugra @JasonBugra]

@squirrel0ne @Amangrewal1000 Yes agree with you as well.

It sucks, my parents and elders keep telling me stories how they just showed a paystub to the bank and got their first home... Thats the dream

[Jason Bugra @JasonBugra]

@Thatagentkelly Wouldn't Ontario want the same thing?

[Jason Bugra @JasonBugra]

@SteveSaretsky This is going to get interesting. Might make sense to start those idle projects now

[Jason Bugra @JasonBugra]

@ash84527926 odd right

[Jason Bugra @JasonBugra]

@Amangrewal1000 @squirrel0ne I agree with @Amangrewal1000 on this one

[Jason Bugra @JasonBugra]

Look at this…

More to come, let’s goooo.

[Mark Carney @MarkJCarney]

In Budget 2026, we’re cutting Canada’s marginal effective tax rate on new business investment from 13% to 6.4% — the lowest of any major economy in the world.

That means businesses, large and small, can deduct the full cost of most new investments.

Making Canada the best place in the world to build.

[Jason Bugra @JasonBugra]

@LMalock82638 @elongmuscc Thanks for noticing

[Jason Bugra @JasonBugra]

@Theo_March Basically

[Jason Bugra @JasonBugra]

@LMalock82638 Its affordable now, unless your looking for higher end homes...