Close X
Sunday, December 1, 2024
ADVT 
National

Vancouver To Help Homeowners Become Landlords In Leadup To Empty Homes Tax

Darpan News Desk The Canadian Press, 05 Dec, 2016 01:55 PM
    Vancouver wants to make it easier for homeowners to become landlords ahead of an empty homes tax designed to put more properties on the rental market.
     
    The city is collaborating with LandlordBC, a professional association for landlords, to offer support and information for owners looking to avoid paying the one-per-cent tax coming in 2018.
     
    Vancouver introduced the tax last month in an effort to boost its paltry vacancy rate, which sits below one per cent, by encouraging homeowners to rent out their underused properties.
     
    Owners will begin receiving email and mail notifications this week outlining details of the tax.
     
    LandlordBC has also launched a website for people interested in earning rental income, with online resources including a legislative help line, proprietary forms, a credit-check platform and a schedule of educational events.
     
    The tax will start applying starting in 2017.

    MORE National ARTICLES

    Toronto Tech Tycoon's N.B. Mansion Remains Unsold: 'There's A Buyer Out There'

    Toronto Tech Tycoon's N.B. Mansion Remains Unsold: 'There's A Buyer Out There'
    Lorne Abony's mammoth Utopia, N.B., mansion has been on the market for nearly two years, and comes with a hefty price tag: $9.65 million.

    Toronto Tech Tycoon's N.B. Mansion Remains Unsold: 'There's A Buyer Out There'

    Nova Scotia Man Filmed People In Medical Clinic's Washroom, Police Say

    Nova Scotia Man Filmed People In Medical Clinic's Washroom, Police Say
    New Glasgow Regional Police say they arrested a 41-year-old man Tuesday after receiving a complaint about voyeurism at the Westside Medical Centre.

    Nova Scotia Man Filmed People In Medical Clinic's Washroom, Police Say

    Saskatchewan MLA Dies In Hospital Just Two Weeks After Cancer Diagnosis

    Saskatchewan MLA Dies In Hospital Just Two Weeks After Cancer Diagnosis
    A government statement says the member for Saskatoon Meewasin died Tuesday night at the city's Royal University Hospital with family members by his side.

    Saskatchewan MLA Dies In Hospital Just Two Weeks After Cancer Diagnosis

    India Loses $58 Billion Annually Due To Road Accidents: UN Study

    India Loses $58 Billion Annually Due To Road Accidents: UN Study
    India's GDP takes a 3 per cent hit every year due to road accidents, equivalent to over USD 58 billion in value terms, a United Nations (UN) study has found out.      

    India Loses $58 Billion Annually Due To Road Accidents: UN Study

    Carfentanil, Much Deadlier Than Fentanyl, Found In Downtown Eastside Drug Bust

    Carfentanil, Much Deadlier Than Fentanyl, Found In Downtown Eastside Drug Bust
    Last month, a nine-month-old boy in Manitoba was rushed to hospital after being exposed to carfentanil, which is so powerful that just a few grains can be fatal for adults.

    Carfentanil, Much Deadlier Than Fentanyl, Found In Downtown Eastside Drug Bust

    Foreign Home Purchases In Metro Vancouver Are Back To Provincial Average

    Foreign Home Purchases In Metro Vancouver Are Back To Provincial Average
      Finance Minister Mike de Jong says the government is scaling back the amount of money it expects to collect from the tax in this budget year based on the new figures.

    Foreign Home Purchases In Metro Vancouver Are Back To Provincial Average