B.C. Developers Urge Government to Reconsider Foreign Buyer Ban Amid Housing Supply Crunch - BCBusiness

Meta and its CEO Mark Zuckerberg have reached an agreement which will keep the social media mogul in California after he raised concerns over a proposed billionaire wealth tax. Proposition 40, a ballot initiative that would establish a one-time tax of up to to 5% of a billionaire’s net worth, so long as they were a California resident on January 1, 2026, caused Zuckerberg to tell Meta he was considering moving his primary residence outside California. If the measure passes in November, Zuckerberg could see a tax bill of $12.5 billion, due to his nearly $250 billion net worth. Under the agreement, Zuckerberg will receive non-voting Class C Meta shares that he can sell to cover the potential wealth tax bill. In return, he must commit to remaining a resident of California, where Meta is headquartered, for eight years, according to a company filing. The CEO will be able to immediately sell up to 20% of his Class C shares, representing 10% of his “overall economic stake in the Company,” which would allow him to pay the proposed tax without impacting his majority voting control.

Apartment - Condominium for rent - Montréal (Anjou) - 6990 Av. Des Ormeaux app. 1 - 20354372

Two or more storey house for sale - Lévis (Les Chutes-de-la-Chaudière-Ouest) (Saint-Nicolas) - 257 Rue de l

Bungalow on one floor for sale - Saint-Émile-de-Suffolk - 314 Route des Cantons - 26382251

Two or more storey house for sale - Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve) - 2379 Av. d

Apartment - Condominium for sale - Montréal (Verdun/Île-des-Soeurs) (Île-des-Soeurs) - 151 Rue de la Rotonde app. PH1-03 - 28260235