Developers ask for exemption from B.C.’s speculation tax on development land

Developers ask for exemption from B.C.'s speculation tax on development land

Developers ask for exemption from B.C.'s speculation tax on development landAreas covered by B.C.’s speculation tax include Metro Vancouver, Kelowna, West Kelowna, Nanaimo-Lantzville, Abbotsford, Chilliwack, Mission and the Capital Regional District around Victoria on southern Vancouver Island, excluding the Gulf Islands and Juan de Fuca. Metro Vancouver’s development sector is asking the B.C. government for an exemption to the […]

 

Metro Vancouver’s development sector is asking the B.C. government for an exemption to the new real estate speculation tax for bare land.

The Ministry of Finance could not provide a spokesmen to speak on the record about the UDI complaint.

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