Category Archives: Government

BC regulator warns about investing in Cryptocurrencies

By Katherine Green Cryptocurrencies have long enjoyed a warm reception in British Columbia. As early as 2011 small businesses were accepting Bitcoin and the world’s first Bitcoin ATM started dispensing cash at a Vancouver Waves coffee shop back in 2013.

BC Liberals unhappy that speculation tax targets British Columbia’s 1% wealthy enough to own multiple homes

By ThinkPol Staff The BC Liberals are criticizing the speculation tax recently introduced by the province’s Green-backed NDP government because it affects the one percent of British Columbians wealthy enough to own two or more homes. “I think the minister

Eby reintroduces anti-SLAPP legislation killed by BC Liberals

By ThinkPol Staff British Columbians will soon be able to once again speak up against big corporations on important issues without the fear of being silenced by costly strategic legal action intended to suppress public participation. BC Attorney General David

Wealthy Vancouver homeowner objects to school tax because his children are no longer in school

By ThinkPol Staff A homeowner from Vancouver wealthiest neighbourhood is objecting to the additional school tax levied on properties worth more than $3 million on the grounds that his children are no longer in school. “It may be a great

Andrew Wilkinson introduces bill to reduce taxes on condo flippers by half

By ThinkPol Staff British Columbia’s Leader of the Official Opposition Andrew Wilkinson today introduced a private members bill, that if passed, would reduce taxes on condo flippers by half. Under Canada Revenue Agency interpretation of Income Tax Act, profits made

Flipping houses or condos? CRA reminds you that all profits are fully taxable

By ThinkPol Staff Canada’s taxman is reminding house and condo flippers that all profits made buying and reselling homes in a short period of time are fully taxable. This also includes pre-sale flips, where a property is bought and sold

Guns stopping Canadian parent from moving to LA

By Drew Penner Vancouver resident Lorie Campbell and her husband have been back and forth from California over the past 14 years with work commitments. The Canadian and her husband are green-cards holders, but there’s a giant issue that keeps

Patrick Condon to enter Vancouver mayoral race if Adriane Carr doesn’t

By Lisa Tanh Patrick Condon will enter the Vancouver mayoral race if Adriane Carr rules out a run because he wants to stamp out speculation. “I’d like to see Adrianne Carr run, and if she does, I’ll support her,” Condon

New grassroots party joins Vancouver municipal race

By Jennifer Wilson On Tuesday, ProVancouver will officially launch its campaign for the 2018 election with mayoral candidate – financial planner David Chen – at the helm. The party is branding itself, in its first press release, as a community

UBC prof behind Speculation Tax says it doesn’t actually target speculation

By Drew Penner Ask University of British Columbia professor Tom Davidoff where the provincial NDP’s new housing tax came from, and he’s quick to take credit. Just don’t try to pin the “speculation” angle on him. “I was like the