Vancouver to hike empty homes tax to 5% in 2023
Vancouver city council voted unanimously Wednesday to approve increasing the city's Empty Homes Tax from three per cent to five per cent for the 2023 reference year.
Economy
Apr 27
Vancouver raising empty homes tax to 3% in 2021
This will be the second time the tax has been hiked. Council approved an increase from one per cent to 1.25 per cent in 2019.
Nov 25, 2020
City of Vancouver facing multiple lawsuits over empty homes tax
Homeowners and a property developer have launched separate suits against the city for unfairly levying the tax.
Canada
Jul 6, 2019
Vancouver to hike empty homes tax by 25%
Keeping a home empty in Vancouver is about to get more expensive.
Nov 28, 2019
Vancouver mayor proposes hiking empty homes tax to 5%
Vancouver's empty homes tax first took effect in 2017 at one per cent of a home's assessed value, was tripled to three per cent in the 2021 tax year.
Politics
Apr 13
The census found 25K empty homes in Vancouver. Empty homes tax filings show 1/3 that
The City of Vancouver's Empty Homes Tax declarations found about 8.500 unoccupied or underutilized homes. That's about 1/3 of the number reported in the 2016 census.
Economy
Mar 7, 2018
Vancouver empty homes tax nets another $39M as number of vacant properties drop, city says
According to the report released Wednesday, $39.4 million in revenue was raised during the 2018 tax year, which was collected from the owners of 1,989 vacant properties.
Nov 20, 2019
Vancouver’s empty homes tax should stay at 1% to ensure it’s still being paid: staff
The staff report does recommend further exempting homes under renovation for a majority of the year while extending the complaint process to 90 days.
Nov 24, 2019
She owes Vancouver’s empty homes tax on her condo, but she lives there 3 weeks per month
"This is what enables me to carry on in my career, to practise as a midwife."
Feb 19, 2018
Victoria eyes empty home tax
Owners of vacant homes in B.C.'s capital could be getting slapped with higher taxes, at least if some Victoria councillors get what they're calling for.
Feb 13, 2017
Vacant homes in Vancouver continue to dwindle due to empty homes tax: mayor
The city says 787 properties were declared vacant for 2019 — down 15 per cent from 2018 and 30 per cent from when the tax started.
Feb 7, 2020
Online house-sitting service exposes possible loophole in Vancouver’s foreign buyers tax
The Craigslist ad offers house-sitting services to people looking to avoid the 15 per cent extra tax.
Mar 27, 2019
Vancouver woman being charged Empty Homes Tax for land with no home on it
"'...there's no home on this property, there's never been a home on this property.'"
Canada
Dec 19, 2017
Vancouver council votes to explore controversial empty storefront tax
A majority of Vancouver city council voted Wednesday to ask the province to explore the measure, in an effort to target property speculators.
Economy
Apr 27
City report recommends tax on vacant Toronto homes
Officials say the tax would increase Toronto's housing supply and that revenue generated through the tax could go to support affordable housing projects in the city.
Economy
Dec 3, 2020
City of Toronto looking for feedback on vacant home tax in effort to increase housing supply
"Hopefully, over time, it becomes a tax that essentially collects no revenue, because it will have been successful in prompting investors to bring their units online."
Canada
Oct 21, 2021
City of Surrey tracking empty home ownership as rental vacancy rate remains below zero
Two years ago the city’s empty home rate was at 6.7 per cent.
Feb 5, 2018
