Government

BC’s New Property Registry 2019: A good idea?

* this is a brief commentary on the topic of BC’s newly proposed property registry. For more information, contact our office. How does owning a condo in the name of my company raise the risk that the owner is committing fraud, laundering money or evading taxes? As usual these unsubstantiated assumptions are made by the government and then blindly repeated by the reporter without question. Rather than creating a whole… Read More »BC’s New Property Registry 2019: A good idea?

The Speculation and Vacancy Tax – What the government isn’t saying

On November 27, 2018, the speculation tax was passed in B.C. to, in the government’s words “target speculators who own residences in B.C. but don’t pay taxes here, turn empty homes into good housing for people, and raise revenue that will directly support affordable housing.” The pitch to the public was that this tax would aid in tackling the housing crises in major urban centers in British Columbia and make… Read More »The Speculation and Vacancy Tax – What the government isn’t saying