Category: Speculation Tax

The Predator Ridge golf course and residences in Vernon, B.C. The massive, multi-phase community is feeling the impact of the provinces proposed speculation tax, even though it’s exempt from it. Kelowna developers say that B.C.s proposed... Read More

It’s called a speculation tax but one must ask: who are the speculators? That’s because British Columbia’s new housing affordability measure on secondary homes is actually hurting homeowners and aspiring homeowners, along with local... Read More

There will be no summer slowdown in the Okanagan assault on the province’s proposed speculation tax. This week, in a four-page open letter to NDP Premier John Horgan, West Kelowna Mayor Doug Findlater demanded the community be exempted from... Read More

The Canadian Homebuilders Association Central Okanagan (CHBACO) met Monday at the Chamber of Commerce to discuss the speculation tax, have their voices heard and ask pertinent questions of British Columbia’s proposed speculation tax. The... Read More

This just in: According to files obtained by Victoria Buzz, the British Columbia provincial government is facing a class action lawsuit from homeowners in Alberta and other parts of Canada regarding the province’s speculation tax that was... Read More

“I’m not going to buy now” Calgary’s Scott Henderson was ready to buy a condominium in downtown Kelowna. Not anymore. “I don’t have a problem with paying my fair share of taxes, but... Read More

BRITISH COLUMBIA – Today, a coalition of concerned British Columbians launched a campaign called Scrap the Speculation Tax to demand that Premier John Horgan and the government reverse their decision to implement a Speculation Tax on B.C. and... Read More

The changes include limiting the geographic areas of the tax to Nanaimo and Greater Victoria, exempting Parksville, Qualicum Beach, the Gulf Islands and Juan de Fuca areas that had originally fallen under the regional districts in both areas that... Read More