“B.C. apartments also feeling the pinch of new tax” by Ephraim Vecina, Mortgage Broker News
Mortgage Broker News quotes Vancouver partner Edmond Luke in an article about B.C government’s newly implemented 15% property tax and how it’s affecting property owners.
“I don’t know that foreigners are speculating on our apartment blocks,” Fasken Martineau partner Edmond Luke told the Financial Post. “I don’t know if it was intended, but this act also applies to multi-family residential buildings like apartments.”
