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What is B.C.’s Speculation and Vacancy Tax?

What is B.C.’s Speculation and Vacancy Tax?

The B.C. Speculation and Vacancy Tax is implemented by the provincial government in an effort to turn empty units into homes, discourage real estate speculation, ensure homeowners who report the majority of their household income outside of Canada pay their fair share of taxes in B.C., and ensure that revenue from this tax is used […]

Nanaimo Is One of the Fastest Growing Cities in Canada

Nanaimo Is One of the Fastest Growing Cities in Canada

  According to information released by Statistics Canada, Nanaimo is one of the fastest growing cities in Canada. Now classified as a census metropolitan area (CMA), Nanaimo’s growing population ranks it alongside major cities like Vancouver and Toronto. Nanaimo’s population as of May 11, 2021 was 99,863 people, an increase of 10.3% from 2016. According […]