Shawna Hansen

Vancouver, Canada
Number of Offices 1
Contact Info
Address 3929 West 22nd Avenue
V6S 1J9
Vancouver
Canada
Vancouver Canada
3929 West 22nd Avenue
V6S 1J9
Vancouver
Canada
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Shawna Hansen from Shawna Hansen shared an update

Canada has a hot real estate market that has been attracting non-resident investors.  Due to public concerns about affordability, the provincial and federal governments have imposed tax measures to remove tax incentives to buy in Canada.  Some tax measures include a new 15% property transfer tax on homes in the Vancouver BC region, an "empty or vacant home tax" in the city of Vancouver and federal income tax measures to remove capital gains exemptions.  The result of these tax changes in the summer have resulted in a steady decline of the real estate sales:  http://www.theglobeandmail.com/news/british-columbia/bc-to-target-foreign-real-estate-buyers-with-new-tax/article31096550/


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