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Taxes
Speculation and Vacancy Tax declaration period now open
Friday, February 3, 2023
Speculation and Vacancy Tax declaration period now open
All property owners in taxable regions must declare by March 31. (1 minute read)
Legislation & Regulations
Better protection for strata property owners coming in November
Friday, February 3, 2023
Better protection for strata property owners coming in November
Amendments to the Strata Property Act that increase contingency reserve fund minimums are coming November 1, 2023. (2 minute read)
Legislation & Regulations
Vancouver Empty Homes Tax 2022 declarations open
Friday, January 20, 2023
Vancouver Empty Homes Tax 2022 declarations open
Vancouver property owners can now start making their Empty Homes Tax declarations for the 2022 tax year. (2 minute read)
Legislation & Regulations
Federal foreign buyer ban coming in January 2023
Tuesday, December 20, 2022
Federal foreign buyer ban coming in January 2023
The federal government’s ban on new foreign ownership of residential property becomes law on January 1, 2023. Here's what you need to know. (3 minute read)
Legislation & Regulations
BC government introduces “cooling off” period for home sales
Tuesday, December 6, 2022
BC government introduces “cooling off” period for home sales
Starting January 1, 2023, home buyers can back out of a residential purchase up to three business days after signing a contract. (3 minute read)
Legislation & Regulations
Supreme Court of Canada clarifies, expands principles of expropriation
Wednesday, November 16, 2022
Supreme Court of Canada clarifies, expands principles of expropriation
A recent decision has clarified the test for constructive taking and expropriation by regulation. (5 minute read)
Home Buying
How rising mortgage rates affect insured mortgages
Tuesday, August 9, 2022
How rising mortgage rates affect insured mortgages
Recently, chartered banks raised their posted mortgage rates in response to higher bond yields. (1 minute read)
Taxes
Property taxes 101
Friday, June 3, 2022
Property taxes 101
Property tax notices are sent to home owners and businesses in June and are due the first or second business day in July, depending on the municipality.
Home Buying
BCFSA's recommendations for cooling-off period and other measures
Friday, May 27, 2022
BCFSA's recommendations for cooling-off period and other measures
Read what the BCFSA recommended to the provincial government on how to enact their proposed measures, including the cooling-off period. (5 minute read)
Home Buying
Questions for a mortgage broker: Interest rates, stress test, mortgage options
Wednesday, May 25, 2022
Questions for a mortgage broker: Interest rates, stress test, mortgage options
Check out what local mortgage broker Angela Calla said about what’s happening in the mortgage market today. (3 minute read)
Home Buying
Here are 7 strata terms you should know
Wednesday, April 20, 2022
Here are 7 strata terms you should know
If you’re looking to own a strata home, make sure you’re familiar with related terminology. Here’s a guide to some of those terms.
Home Buying
What are the buying costs of a home?
Tuesday, April 12, 2022
What are the buying costs of a home?
If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property.
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