You are here

Vancouver's 'nightmare' housing tax threatens foreign tech talent

This is on top of among the highest housing costs and lowest wages in North America's emerging technology hubs

Buyers who aren't Canadian citizens or PRs have to pay an extra 15% transfer tax on home purchases in Vancouver now.


VANCOUVER'S technology industry is in danger of becoming collateral damage in British Columbia's push to rein in spiralling home prices.

The surprise decision last week to impose a 15 per cent levy on overseas property investors may make it even harder for Vancouver to...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to