Posts tagged with “Speculation and Vacancy Tax”

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The Province Goes Big on Housing Policy – A First Look

The provincial government has introduced several pieces of housing legislation aiming to fulfill the Homes for People plan priorities.

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Navigating Canada’s Underused Housing Tax

On June 9, 2022, the federal government enacted the Underused Housing Tax. While REALTORS® do not assume direct responsibility, they can help inform their clients of their tax filing obligations.

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Estimating the Impacts of the Speculation and Vacancy Tax

While all BC markets experienced sharp declines since 2018, the Speculation and Vacancy tax is estimated to have reduced home sales in taxable regions in BC by an additional 12.5 per cent compared to non-taxable…

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Statement – Speculation Tax: Clarity Appreciated; More Needed

BCREA was pleased to see more details of the proposed speculation tax…

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Government Needs Transitional Rules for All Transactions Impacted By Taxes Introduced in Budget 2018 — New Taxes Unlikely to Stabilize Housing Market

BCREA calls on the government to introduce transitional rules for all transactions impacted by the new tax measures introduced in Budget 2018…

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