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
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.
Beginning January 1, 2023, the federal government’s Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”) will come into effect across Canada, resulting in what is being