Friday, February 18, 2022
Owners of strata property in buildings with rental restrictions are no longer exempt from the BC Speculation and Vacancy Tax. (1 minute read)
Thursday, April 8, 2021
Before building a laneway home or buying a property with one, you should understand the tax implications of doing so.
Monday, March 22, 2021
Cannabis is regulated at the federal, provincial, and municipal levels. Here’s a summary of how it’s dealt with in Greater Vancouver municipalities.
Wednesday, March 17, 2021
If a home is more than 60 years old, home owners may refer to it as having character merit or as “heritage”, regardless of how well it has been preserved or how much it has been altered over the years.
Wednesday, January 27, 2021
Many local governments in Greater Vancouver have a bylaw or policy addressing tree removal, retention, pruning and damage on private property. This fact sheet is an overview.
Wednesday, January 6, 2021
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.
Thursday, October 8, 2020
If you have a household income under $120,000 and want to buy a home in Vancouver, a new proposal from the city – had it passed – might’ve interested you.
Tuesday, July 28, 2020
Four affordable housing projects in Vancouver are receiving grants totalling more than $8.7 million dollars – partially funded by Vancouver’s Empty Homes Tax.
Friday, May 1, 2020
The Property Transfer Tax (PTT) is a land registration tax paid by a home buyer when a title is registered at the Land Title Survey Authority. Learn how much PTT you need to pay.
Thursday, January 30, 2020
Demand is beginning to outpace the supply of new homes coming on to the market in Metro Vancouver.
Wednesday, April 3, 2019
This fact sheet provides a summary of bylaws and policies for secondary suites located within primary residences, auxiliary suites above garages, small garden suites, and coach houses (not laneway homes).
Legislation & Regulations
Wednesday, March 20, 2019
Federal Budget 2019 includes initiatives for first-time buyers, renters and measures to prevent tax non-compliance and money laundering.
Wednesday, February 6, 2019
The deadline to complete the annual declaration to claim an exemption for the provincial government's Speculation and Vacancy Tax is coming up on March 31.
Tuesday, January 1, 2019
Capital gains taxes, first introduced in 1972, are charged on the difference between what you paid for an asset – for example, a stock, and what you sold it for.
Wednesday, December 12, 2018
Property taxes in BC are due the first business day after July 1. If you buy a home at another time, you may have to pay a share of the year to avoid a penalty.
Monday, November 19, 2018
Metro Vancouver’s population is forecast to grow by 35,000 new residents each year, reaching 3.4 million by 2040. Supply problems will continue to escalate because of increasing population. To help solve this, we suggest putting the forecast $1.875 billion in PTT revenue to work.
Friday, October 12, 2018
Missing middle housing includes ground-oriented, multi-unit homes that don’t stand out in single-family neighbourhoods.
Thursday, September 6, 2018
The five per cent Goods and Services Tax (GST) applies to the sale of some home sales in BC. Find out if GST applies to you by using this handy fact sheet.
Thursday, May 31, 2018
Licensing and Consumer Services is a branch of BC Housing, a provincial government agency, established to improve the quality of residential construction and strengthen protection for new home buyers. Learn more about Consumer Services in this fact sheet.
Wednesday, February 7, 2018
Under the Canadian Bank Act, the federal government requires federally regulated financial institutions to insure high-ratio mortgages – less than a 20 per cent down payment – against default. Understand mortgage insurance by using this fact sheet.
Thursday, January 11, 2018
Each home owner will have received a property status declaration from the City to determine if their property is subject to the Empty Homes Tax.