In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.
In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.
More so than capital gains, in BC there is a foreign buyers tax as well as a vacancy tax if you have a second property that is not being rented out full time as an income property.
Those vacancy taxes are a joke compared to the property value.