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Speculation tax is hurting the 99% in B.C., not just the 1%

Speculation tax is hurting the 99% in B.C., not just the 1%

The intended goal of the speculation tax is to increase housing affordability by curbing foreign and domestic speculation and increasing the supply of housing throughout Metro Vancouver and in other designated regions. It sounds great on the surface, but this tax as it is currently designed will achieve the exact opposite outcome and will hit B.C.’s construction and tourism sectors hard.

https://theprovince.com/opinion/op-ed/val-litwin-speculation-tax-is-hurting-the-99-in-b-c-not-just-the-1

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