B.C. speculation tax changed to exempt Gulf Islands properties

VICTORIA — B.C. Finance Minister Carole James will exempt the Gulf Islands and cottages in rural areas from the government’s new speculation tax, part of a suite of reforms she unveiled Monday to respond to weeks of criticism that the new tax unfairly penalized British...

B.C. speculation tax: Here’s what you need to know

On Monday, the provincial government announced it is making some changes to the speculation tax, which was first announced last month as part of the budget. On Monday, the provincial government announced it is making some changes to the speculation tax, which was first announced last...

B.C.’s finance minister appears ready to tweak speculation tax

VICTORIA — Finance Minister Carole James appears to be rethinking parts of her new speculation tax and now says she’s working to address specific problems before the full rules are made public in the spring.   James said she’s aware of complaints from some British Columbians who...

BC Speculation Tax Information Sheet – REVISED March 2018

British Columbia Speculation Tax Information Sheet - Revised March 2018   Urban centres throughout the province are in a housing crisis. Rents and home prices have surged past local incomes and, in many communities, vacancy rates sit close to 0%.   Speculation has contributed to runaway prices and made...