I left Canada 8 years ago and now work in the USA. I have severed ties with Canada so I became a non-resident but remained as a citizen. I now want to buy a house in Canada for my parents to stay over the summer months. I will not live in the house or derive any income from it.
Since the house will be in my name and I suppose I need to open a Canadian bank account to make mortgage payment every month, would I be considered by Revenue Canada as a resident and liable to paying tax in Canada?
Anyone can share similar experience or can recommend a good tax adviser who can answer this question?


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