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

    Ontario Mother Receives Son's Remains More Than Five Years After His Killing

    Ontario Mother Receives Son's Remains More Than Five Years After His Killing
    A northern Ontario woman finally has the last of her son's remains more than five years after he was fatally stabbed, decapitated and dismembered.

    Ontario Mother Receives Son's Remains More Than Five Years After His Killing

    University Prof Denied Residency Over Son With Down Syndrome Returning To Canada

    University Prof Denied Residency Over Son With Down Syndrome Returning To Canada
    Ottawa has overturned a decision that saw an Ontario university professor denied permanent residency in Canada because his son has Down Syndrome.

    University Prof Denied Residency Over Son With Down Syndrome Returning To Canada

    Researchers Examine Toll Of War On Newly Arrived Syrian Refugee Children

    Researchers Examine Toll Of War On Newly Arrived Syrian Refugee Children
    TORONTO — Beginning a new school year can be an anxious time for some children. For those shattered by early psychological trauma, it can be especially fraught with emotion.

    Researchers Examine Toll Of War On Newly Arrived Syrian Refugee Children

    UK Top Court Split On Transgender Woman's Pension Right

    UK Top Court Split On Transgender Woman's Pension Right
    Five Supreme Court judges said the Court of Justice of the European Union must decide the case.

    UK Top Court Split On Transgender Woman's Pension Right

    Saskatchewan Government To Cut Disability Payments Due To Resource Revenue Drop

    Saskatchewan Government To Cut Disability Payments Due To Resource Revenue Drop
    REGINA — People with disabilities in Saskatchewan will be getting a cut to their social assistance payments as of Sept. 1.

    Saskatchewan Government To Cut Disability Payments Due To Resource Revenue Drop

    Manitoba Father Whose Son Drowned Says Seaweed A Lurking Hazard For Swimmers

    Manitoba Father Whose Son Drowned Says Seaweed A Lurking Hazard For Swimmers
    Mervin Dueck says his 19-year-old son, Calvin, was swimming with friends at St. Malo beach but died after becoming tangled up in seaweed.

    Manitoba Father Whose Son Drowned Says Seaweed A Lurking Hazard For Swimmers