The B.C. government’s new real estate taxes will have a big impact on Kelowna and any funds raised should stay in the city. That the crux of a report presented to Kelowna city council today in the wake of the provincial government’s new taxes aimed at stabilizing the housing market and creating more rental units. The report says investors will look outside of Kelowna and the new speculation tax really amounts to a vacant home tax. Kelly Hayes has the details.
BC government
Report says new real estate taxes will hurt Kelowna
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