Tag Archives: speculation tax

“Scrap the Speculation Tax” coalition turns to big tobacco and asbestos PR firm

By ThinkPol Staff The umbrella group campaigning to repeal the Speculation Tax introduced by British Columbia’s NDP government has enlisted the help of a controversial global public relations firm that gained notoriety for promoting big tobacco and asbestos industry interests.

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

Speculation tax doesn’t go far enough, Burnaby councillor says

By Drew Penner Burnaby councillor Nick Volkow is newly single. His life changed forever when his wife passed away a year-and-a-half ago. In recent days he’s been pondering the next steps in his own life. But the 22-year Council veteran

BC exempts vacation homes from speculation tax

By Drew Penner The bureaucrats have done their tinkering and the new-and-improved levy on people taking advantage of hot West Coast real estate has been unfurled. BC Finance Minister Carole James said despite revising speculation tax rules to exclude a

Realtors question legality of new taxes as foreign buyers exit cooling Vancouver housing market giving locals hope

By Drew Penner Within real estate circles, the effect of new taxes aimed at foreign buyers cashing in on Vancouver’s superheated housing market has been palpable. Shawn Anderson, a realtor with Engel & Völkers Vancouver, says the change has been