
B.C. expands speculation and vacancy tax in Vancouver Island, Howe Sound
British Columbia is expanding the tax it created to clamp down on real estate speculation and ensure homes in rental-strapped communities don't sit empty.
Global News
Vancouver council takes heat for vote to refund millions in Empty Homes Tax to developers
A new exemption to Vancouver's Empty Homes Tax is being applied retroactively, which will see $3.8 million, much of it already collected, returned to property developers.
Global News
Vancouver city council to decide on decreasing empty homes tax
Vancouver city council upped the empty homes tax from three per cent of a property’s value to five per cent in 2022, but now staff is recommending it shift back to three per cent.
Global News
Cut Vancouver’s empty homes tax back to 3% for 2023, city staff recommend
Vancouver's empty homes tax is intended to bring vacant units onto the rental or sale market, and targets properties that are unoccupied for more than half the year.
Global News