Foreign Ownership Tax
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Foreign ownership of condos dips in 2016: CMHCForeign ownership in Canada's top condo markets dropped in 2016 after the introduction of a foreign buyers tax in Vancouver, and remains a small fraction of overall ownership concentrated mostly in newer buildings, Canada's housing agency said on WednesdayCanadaNov 30, 2016
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Two-thirds of B.C. residents say foreign ownership tax won’t cool real estate market: pollTwo-thirds of B.C. residents are skeptical about the effectiveness of the newly introduced foreign ownership tax, according to a new poll.CanadaSep 14, 2016
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B.C. Liberals walk fine line on housing: observersPublic outcry over British Columbia's sizzling real estate market pushed the province's Liberal government to introduce a foreign-buyers' tax last month, but uncertainty around the policy leaves little room for political manoeuvring before next year's election, once the impact of the tax is better understood, experts say.Sep 5, 2016
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