Maple Washing in Canadian Real Estate: Sobeys and Loblaw Under Fire Maple washing, a dubious practice where sellers inflate property prices to take advantage of federal tax incentives for new homes, has once again made headlines in Canada.
This time, two major retailers, Sobeys and Loblaw, are facing allegations of being complicit in such schemes.
The implications of maple washing are far reaching, affecting not only buyers but also the broader real estate market. What is Maple Washing in the Canadian Real Estate Market?