(March 20, 2017)
I've been predicting for some time that, as it was a last-minute, ham-fisted, non-consultative, ethnically-driven, populist-soothing, unCanadian disaster, the Foreign Buyers Tax would be rolled back in part or whole.
It has just been announced that more foreign buyers of homes in British Columbia will be able to claim exemption from the additional property transfer tax introduced last year.
(February 15, 2017)
Read the Sotheby's International Realty Canada bi-annual report that details significant shifts in the performance of key Canadian top-tier real estate markets in 2016. Key real estate insights in each Canadian market can be read by visiting: http://ow.ly/BGiN307VfGC
(January 30, 2017)
Ok I'm showing my age with the Gomer Pyle reference but this whole episode strikes me as a comedy.
This was always going to happen when something is introduced hastily, without consultation and for ethnically driven reasons. No, I'm not talking about the Trump Muslim Ban but the BC Foreign Buyers' Tax.
British Columbia's premier has announced her government is amending its tax on foreigners buying p... read more
(November 22, 2016)
The Canadian government has unveiled its housing strategy plans, following months of consultation with Canadians and industry stakeholders.
“Affordable housing can connect individuals with the facilities and services they need to build secure, productive and meaningful lives for themselves. Living close to jobs, public transportation and childcare enables people to participate fully in society and... read more