We will update you as these discussions and work progresses. If you have clients who are concerned about the speculation tax (which will affect second home owners - even if BC residents) please encourage them to connect with the Minsters directly to share their story.
Minister of Finance - Carole James
Minister of Municipal Affairs and Housing - Selina Robinson
On the proposed speculation tax, BCREA's heard from REALTORS® around the province and homeowners across the country. We're working with Minister of Finance Carole James and her staff to get answers and to provide input before the legislation is introduced this fall. We believe that homeowners who pay income tax in Canada should be exempt from the speculation tax, regardless of how many homes they own.