It’s not slated to come in until the fall but the Okanagan is already feeling the impact of a planned speculation tax. The property tax is meant to increase the availability of affordable housing, but some worry it could also tank real estate prices and suppress development in the Okanagan. As Megan Turcato reports, critics of the tax are now calling on the province to provide an exemption for Kelowna and West Kelowna.
Global News at 11 Okanagan
Speculation tax critics want Okanagan exemption
More Videos
-
“A lot of people have just put on the pause button,”: Fewer Okanagan residents list homes for sale amid pandemic
-
“This is ridiculous, this is taking too long,” Peachland’s mayor echoes calls for highway upgrades following deadly crash on Drought Hill.
-
“It was always a dream to have my own store,” Summerland business owner shuts down store permanently due to pandemic and not being able pay rent
-
Gas prices jump by 16 cents per litre at many gas stations in the Okanagan
-
Many Okanagan couples forced to postpone their weddings amid pandemic
-
Concerns and questions are being raised around the City of Kelowna’s priorities when it comes to protecting heritage sites
You are viewing an Accelerated Mobile Webpage.
View Original Article