Close X
Saturday, November 30, 2024
ADVT 
National

Family Home Sale Marred In Uncertainty In Wake Of B.C. Foreign Buyers' Tax

Darpan News Desk The Canadian Press, 16 Aug, 2016 02:07 PM
    COQUITLAM, B.C. — A Vancouver-area family says they feel like pawns in a political game after the province introduced a foreign buyers' tax that put the sale of their home in jeopardy.
     
    Heather Nyberg of Coquitlam, B.C., says she's disappointed in the provincial government's surprise announcement last month of a 15-per-cent homebuyers' tax for non-residents purchasing property in Metro Vancouver.
     
    Nyberg, who was born and raised in Coquitlam, says Premier Christy Clark should stop and consider the impact her government's policy is having on families across the Lower Mainland.
     
     
    The province has said the controversial tax is aimed at addressing skyrocketing real estate prices in the province's most densely populated region, and the levy came into effect on Aug. 2, days after it was announced.
     
    Nyberg says she and her husband signed a deal to buy a smaller, more affordable home in order to reduce their financial stress and to have more time to spend with their two young children.
     
    She says if the sale of their current house falls through they'll be forced to abandon the deposit on what they hoped would be their new home and will open themselves up to being sued.

    MORE National ARTICLES

    'I Cried:' Mother Of Man Killed In Syria Says Feds Failed Aaron Driver

    'I Cried:' Mother Of Man Killed In Syria Says Feds Failed Aaron Driver
    Driver, 24, died during a confrontation with RCMP in Strathroy, Ont., Wednesday after allegedly making a martyrdom video that suggested he was planning to detonate a homemade bomb in an urban centre.

    'I Cried:' Mother Of Man Killed In Syria Says Feds Failed Aaron Driver

    Ban Ki-Moon Praises Canada's Openness To Refugees During Visit To Calgary

    Ban Ki-Moon Praises Canada's Openness To Refugees During Visit To Calgary
    In a speech at the University of Calgary, Ban said he was grateful for the "generous and compassionate" commitment of the Canadian government to resettle tens of thousands of Syrian refugees.

    Ban Ki-Moon Praises Canada's Openness To Refugees During Visit To Calgary

    Home Prices Up Two Per Cent In July, With Victoria And Toronto Leading

    Home Prices Up Two Per Cent In July, With Victoria And Toronto Leading
    The index, which measures the price changes on repeat single-family home sales, showed the second-highest July jump in its 17-year history.

    Home Prices Up Two Per Cent In July, With Victoria And Toronto Leading

    Dad Says Suspected Terrorist Became Troubled At Seven When His Mother Died

    Dad Says Suspected Terrorist Became Troubled At Seven When His Mother Died
    COLD LAKE, Alta. — The father of a terrorist sympathizer who died in a confrontation with RCMP Wednesday says Aaron Driver was a troubled child, but appeared to have turned his life around after converting to Islam.

    Dad Says Suspected Terrorist Became Troubled At Seven When His Mother Died

    RCMP Describe 'Race Against Time' In Effort To Thwart Would-Be Bomber Driver

    RCMP Describe 'Race Against Time' In Effort To Thwart Would-Be Bomber Driver
    Within three hours, they believed they had found their man: Aaron Driver, 24, a known terrorist sympathizer who was living in the southwestern Ontario town of Strathroy, under court-imposed conditions.

    RCMP Describe 'Race Against Time' In Effort To Thwart Would-Be Bomber Driver

    Wandering Moose Inspires 400-Mile Cross-border Trail

    Wandering Moose Inspires 400-Mile Cross-border Trail
    NEWCOMB, N.Y. — The 400-mile trek of a radio-collared moose named Alice is the inspiration for a proposed hiking trail from Ontario's forested Algonquin Park to the heart of New York's Adirondack Mountains.

    Wandering Moose Inspires 400-Mile Cross-border Trail