Spec Tax

The New BC Speculation Tax and the Foreign Buyers Tax

Measures to increase affordability

The BC government introduced measures to increase affordability in Kelowna and West Kelowna’s out-of-province-influenced housing market, and it is not sitting well with some folks. When the province voted out the Liberals in the recent election, you could say one large reason for it was the housing crises that they did little to stem. It is hard to miss the pained concern ringing out from the CMHC (Canadian Mortgage & Housing Corporation), and international urban affordability reports claiming that