BC Should Waive Its 20% Foreign Buyer Tax on New Homes Families Live In
Ottawa wants to let foreign buyers purchase new homes again. In Coquitlam and Port Coquitlam, BC's 20% tax would still apply. I think BC should waive it on brand new homes that families buy to live in, and this post explains why.
Michael Lee · 6 min read
Property Transfer Tax in BC: What First-Time Buyers Actually Pay
BC's property transfer tax catches every buyer at closing, but first-time buyers and buyers of newly built homes can qualify for a full or partial exemption. Here's how the tax is calculated and where the current thresholds sit.
Michael Lee · 6 min read