Category: Real Estate
As we approach the end of 2023, the B.C. Government recently announced its plan to expand the speculation and vacancy tax to THIRTEEN (13) additional municipalities in B.C.
The Speculation and Vacancy Tax has been in force in British Columbia since 2018 and owners of residential real estate in certain designated areas must file a declaration setting out
The Federal Government’s new Underused Housing Tax came into effect on January 01, 2022 and, as a result, owners of vacant properties anywhere in Canada may be liable for the
Amendments are being made to regulations for the Prohibition on the purchase of Residential Property By Non-Canadians.
The Prohibition on the Purchase of Residential Property by Non-Canadians Act, S.C. 2022, c. 10, s. 235 (the “Act”) was passed and came into effect on January 1, 2023.
Further clarifications released for Canada's Foreign Home Buyer Ban and the Prohibition on the Purchase of Residential Property by Non-Canadians Act.