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B.C.’s New Taxes On $3M Homes Could Lean Hard On Vancouver’s West Side, Maps Show

B.C.’s new taxes on $3M homes could lean hard on Vancouver’s west side, maps show

B.C.’s new taxes on properties worth $3-million or more could lean hard on West Vancouver and Vancouver’s west side, traditionally some of the region’s richest areas.

That’s according to maps produced by Andy Yan, director of the SFU City Program.

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They show that there’s a $3-million line where another boundary once divided Vancouver between areas with single-detached homes worth $1-million or less.

And now, that new line marks out which properties could be hit with a pair of new taxes that were introduced with the 2018 provincial budget.

Continue reading the full story here >>

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