Times Colonist: Foreign buyers tax coming to Victoria, Nanaimo

February 20, 2018
Tara Zwaan

EXCERPT:

Jock Finlayson, executive vice-president of the Business Council of B.C., said: “It’s quite unprecedented in the housing market to have several measures like that brought forward so we will see how it filters through and affects the market. We don’t know at this point.

“It could be disruptive. It may be nothing more than a hiccup.”

Government initiatives will impact the upper end of the market, Finlayson said.

About half a billion dollars of additional revenue generated from the various housing-related announcements will go to support government afforable housing efforts and other government programs, he said.

Full Article.

Become A BCBC Member

LEARN ABOUT MEMBERSHIP
BACK TO TOP    

ADDRESS

Business Council of British Columbia
1050 West Pender Street, Suite 960
Vancouver BC V6E 3S7

CONTACT INFORMATION

Telephone: 604-684-3384
Media Contact: 604-684-3384
Email: info@bcbc.com

© 2023 Business Council of BC. All rights Reserved.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram