Speculation Tax
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B.C. expands speculation and vacancy tax in Vancouver Island, Howe SoundBritish Columbia is expanding the tax it created to clamp down on real estate speculation and ensure homes in rental-strapped communities don't sit empty.PoliticsMay 26
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Ontario raising foreign homebuyer tax to 25 per centOntario has announced it is raising the non-resident speculation tax on homes purchased by foreign nationals from 20 per cent to 25 per cent, effective Tuesday.CanadaOct 24, 2022
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B.C. government extends real estate speculation tax to Squamish and DuncanThe changes also include a speculation and vacancy tax in North Cowichan, Ladysmith, Lake Cowichan and Lions Bay. Metro Vancouver and Victoria are already included in the tax.PoliticsJul 20, 2022
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B.C. man says he’s being unfairly charged speculation tax on home he’s lived in for over 20 years"I think that anyone who looked at this with an objective eye can see that, clearly, I don't fall under the circle of what they were trying to achieve," Tony Chan said.NewsNov 2, 2021
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Three ways Ottawa could cool the housing market in the federal budgetWhat can Ottawa do to tame runaway home prices? Three housing experts review possible policy curbs.MoneyApr 2, 2021
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City of Kelowna still waiting for money from speculation tax, mayor saysKelowna's mayor said the city is still waiting for the money promised to municipalities that fall under the speculation tax.CanadaJan 25, 2021
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British Columbians now form biggest bloc of speculation taxpayersB.C. Premier John Horgan says the tax has been "successful," despite new data that shows British Columbians now form the largest bloc of people paying it.Jan 15, 2021
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West Kelowna passes resolution to opt out of speculation taxThe City of West Kelowna continues its efforts to have the city removed from the speculation and vacancy tax.CanadaFeb 27, 2020
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Provincial government provides additional speculation tax exemptionsAfter nearly a year of pushing from owners in Belcarra, water-only access properties are now exempt from the province's speculation tax.PoliticsDec 10, 2019
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Vancouver to hike empty homes tax by 25%Keeping a home empty in Vancouver is about to get more expensive.Nov 28, 2019
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