Vacancy Tax

• South Okanagan residents react to B.C. speculation tax expansion

  Two South Okanagan communities are among the 13 new municipalities joining the province’s speculation tax.

  Economy

  Nov 23, 2023
  
• B.C. expanding speculation tax to Kamloops, Parksville, 11 other municipalities

  The speculation tax is already in place across Metro Vancouver, the Capital Regional District and Kelowna and 99 per cent of British Columbians

  Economy

  Nov 22, 2023
  
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• City of Kelowna still waiting for money from speculation tax, mayor says

  Kelowna's mayor said the city is still waiting for the money promised to municipalities that fall under the speculation tax.

  Canada

  Jan 25, 2021
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• British Columbians now form biggest bloc of speculation taxpayers

  B.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 14, 2021
• West Kelowna passes resolution to opt out of speculation tax

  The City of West Kelowna continues its efforts to have the city removed from the speculation and vacancy tax.

  Canada

  Feb 27, 2020
• Vancouver homeowner avoids paying empty homes tax after winning court battle

  A B.C. Supreme Court judge ruled the City of Vancouver should undertake a new review of whether the tax should be levied against the $27-million property.

  Canada

  Dec 28, 2019
• Provincial government provides additional speculation tax exemptions

  After nearly a year of pushing from owners in Belcarra, water-only access properties are now exempt from the province's speculation tax.

  Politics

  Dec 10, 2019
• 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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• Province says speculation tax brought in $58M in 2018 as meetings with mayors on tax kick off

  The provincial government says the Speculation and Vacancy Tax is "contributing to the ongoing moderation" of the housing market but struggles to produce the numbers to prove it.

  Politics

  Sep 12, 2019
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• White Rock wants version of Vancouver’s empty homes tax — but provincial rules stand in the way

  White Rock will ask the Union of B.C. Municipalities to amend provincial rules to allow authority to implement a vacancy tax like Vancouver's.

  Canada

  Jul 7, 2019