# Oilpatch Deal, Wealth Tax, Condo Sales

> Oilpatch fund targets $1.4bn takeover, B.C. wealth tax proposals, bulk condo buyers surge.
- Title: Oilpatch Deal, Wealth Tax, Condo Sales · Financialpost
- Summary: Oilpatch fund targets $1.4bn takeover, B.C. wealth tax proposals, bulk condo buyers surge. Waterous Energy Fund aims to raise $1.4 billion for a fourth fund…
- Keywords: waterous energy fund, b.c. green party, wealth tax, bulk condo buyers, toronto condo sales, oilpatch dealmaking, money, business, Oilpatch, Deal, Wealth, Tax
- Source: Financialpost — https://financialpost.com/uncategorized/news-of-the-day-oilpatch-dealmaking-wealth-tax-return-bulk-condo-buyers-cooling-foreign-job-interest-real-estate-pain-and-more
- Read time: 1 min
- Topics: waterous energy fund, b.c. green party, wealth tax, bulk condo buyers, toronto condo sales, oilpatch dealmaking, money, business
## Oilpatch dealmaker on hunt
Adam Waterous' Waterous Energy Fund plans to raise $1.4 billion for a fourth fund matching its third fund's size.

> Money follows great returns. That’s our Jedi mind trick
## B.C. wealth tax proposals
B.C. Green Party promises one-time wealth tax on province's richest households plus annual tax.

> Final and one-time are flexible words in tax policy
## Bulk condo buyers surge
Bulk buyers accounted for 45% of new Toronto condo sales during third quarter.
## Key takeaway

Waterous Energy Fund aims to raise $1.4 billion for a fourth fund, B.C. Green Party proposes one-time wealth tax on richest households, bulk buyers account for 45% of Toronto condo sales in Q3.