Speculation Tax

BC expands spec tax to include Kamloops and most of the Okanagan
The province's tax on housing speculators just got a massive expansion and now covers most of…

Is spec tax making any difference in the Central Okanagan?
Despite ongoing objections from Kelowna and West Kelowna civic leaders to the provincial Speculation and…

Speculation and vacancy tax expands in B.C.
British Columbia's controversial speculation and vacancy tax is expending to more parts of Vancouver Island…

It’s speculation tax declaration time in Kelowna, West Kelowna
Exempted homeowners from B.C.'s speculation tax are being asked to complete their declaration by the…

Kamloops housing spike correlates with B.C. spec tax: study
Researchers at Thompson Rivers University have found that while speculation and vacancy taxes implemented in…

As the Central Okanagan grows, home speculation shrinks
The provincial Speculation and Vacancy Tax seems to be doing its job in the Central…

B.C.’s spec tax has had no impact on the Central Okanagan housing market
Kelowna and West Kelowna politicians fought the good fight against the provincial government’s efforts to…

‘It doesn’t make sense’ that West Kelowna is included in speculation tax, Mayor says
West Kelowna Mayor Gord Milsom can’t understand why the province has included his city in…

Speculation tax may change but not likely to go away: Kelowna Mayor
KELOWNA – Despite strong opposition, the province’s speculation tax doesn't look like it's going away,…

Mayors summoned to a meeting with province on speculation tax
KELOWNA – Mayors of cities where the speculation and vacancy tax is being collected are…

Housing construction set to boom in West Kelowna despite the speculation tax
WEST KELOWNA – Doug Findlater fought long and hard against the province’s speculation tax before…

A lot of people have work to do to avoid paying speculation tax
KELOWNA – While more than 80 per cent of affected homeowners have applied to be…

Only a couple of weeks left for Kelowna residents to apply for Spec Tax exemptions
KELOWNA – The March 31 deadline for applying for an exemption from the new Speculation…

West Kelowna building permits slow from record pace
WEST KELOWNA – If the value of building permits is any indication, West Kelowna may…

Speculation tax uncertainty could negatively impact Kelowna real estate: report
KELOWNA – The speculation tax proposed by the provincial government will likely have unintended negative…