The BC Liberal Property Transfer Tax for Foreigners

July 26, 2016 249 No Comments


I do not think anyone was expecting the penalty property transfer tax that is being debated in the house now.

It will initially be set at 15% of the purchase price but only apply in Metro Vancouver I think it will collect a moderate amount of money, but will it dampen the market?

What happens if the market crashes, which it will because this is the worst bubble seen in Canadian history?

Leave a Reply

Your email address will not be published. Required fields are marked *