Description
Housing plays a central role in Canada’s economy, contributing approximately $143 billion to Canada’s GDP and supporting over 1.2 million jobs. At the household level, real estate often represents the largest portion of household wealth, and in 2024 alone, rising housing values added approximately $213 billion to Canadian household net worth. These figures highlight how housing is a key driver of financial well-being and intergenerational wealth transfer in Canada.
For Indigenous Peoples, however, housing and land are not merely economic assets. They represent home, identity, community, and an ongoing relationship to the land. This webinar does not seek to oppose Indigenous perspectives on land with market-based views that focus solely on property value. Rather, its purpose is to provide Indigenous entrepreneurs and individuals with a practical understanding of how Canadian tax rules apply to housing and land, and how those rules can create real and tangible impacts.
The session Will:
• Explain the Principal Residence Exemption
• Review the eligibility criteria and key considerations
• Discuss how section 87 of the Indian Act may further refine the tax treatment of housing and land
This webinar aims to support informed decision-making while respecting Indigenous values.
This webinar is designed with CCIB members in mind, while also welcoming anyone curious about housing, wealth, and the Indigenous relationship to land and home. Whether you’re an entrepreneur, community leader, or simply interested in how housing and taxes intersect with identity, this session is for
you.
About CPA Candidate Group
CPA Candidate Group is a community of enthusiastic, passionate finance professionals dedicated to making accounting knowledge accessible to everyone. We believe becoming a CPA is not just about mastering rules, but about translating complex concepts into plain language that people from all walks of life can understand. Through clear explanations—and even a touch of humor—we aim to make finance engaging, practical, and approachable for all.
Abdoulaye Bangoura and Ungaro Lupis are former TMU students and CPA candidates with a passion for accounting and finance.
They’re on a mission to help people from all walks of life understand how tax rules affect housing, wealth, and everyday financial decisions. They believe a CPA shouldn’t just crunch numbers — they should make those numbers useful, and maybe even a little fun.
Webinar Facilitators
Abdoulaye Bangoura
Abdoulaye is a CPA candidate currently working in the financial services industry with a strong interest in accounting, finance, and capital markets. He is particularly interested in tax planning, wealth strategy, and how financial knowledge can support long-term capital preservation and value creation.
He will be contributing to a CCIB webinar discussing the Principal Residence Exemption (PRE) and its role as a tool for capital preservation and financial planning for homeowners.
Abdoulaye also believes strongly in the power of financial education to empower individuals and strengthen communities by improving financial literacy and informed decision-making.
Outside of his professional interests, he enjoys reading, going to the gym, and following football as a passionate supporter of Liverpool FC. He is fluent in French.
Ungaro Lupis
Ungaro is a CPA candidate starting his professional journey in the field of tax, with a strong interest in accounting and analytical problem-solving. He will be contributing to the CCIB webinar on the Principal Residence Exemption (PRE), bringing a perspective on taxation and planning for homeowners. He is passionate about how financial education can empower individuals and create positive impact within communities.
Outside of work, Ungaro enjoys cooking, traveling, spending time with family, and connecting with others.
