Close X
Sunday, March 2, 2025
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

    Ontario Land Transfer Tax Rebate Doubled To $4,000 For First-time Homebuyers

    Ontario Land Transfer Tax Rebate Doubled To $4,000 For First-time Homebuyers
    first-time homebuyers won't pay any land transfer tax on the first $368,000 of a purchase price after the changes take effect Jan. 1. He called the $4,000 rebates an "incentive" for would-be homeowners.

    Ontario Land Transfer Tax Rebate Doubled To $4,000 For First-time Homebuyers

    Royal Bank Of Canada To Increase Fixed Mortgage Rates As Of Thursday

    Royal Bank Of Canada To Increase Fixed Mortgage Rates As Of Thursday
    The bank is raising its special offer for a five-year fixed rate mortgage to 2.94 per cent, an increase of 30 basis points.

    Royal Bank Of Canada To Increase Fixed Mortgage Rates As Of Thursday

    Canadian Real Estate Association Says Home Sales Hit Record Last Month

    Canadian Real Estate Association Says Home Sales Hit Record Last Month
    There were 42,473 residential properties sold last month through the association's Multiple Listing Service, up two per cent year-over-year.

    Canadian Real Estate Association Says Home Sales Hit Record Last Month

    Treatment Centre Compliant With Regulations, Says Report On Overdose Death

    Treatment Centre Compliant With Regulations, Says Report On Overdose Death
    VANCOUVER — Three days after Brandon Jansen entered his 11th treatment centre for an addiction to the opioid fentanyl, he died partly because an antidote and therapeutic drug that could have stopped his cravings were not available, the centre's chief executive says.

    Treatment Centre Compliant With Regulations, Says Report On Overdose Death

    Rescuers Team Up To Help Woman Who Fell Off Mountain In Southwestern Alta.

    A rescue team helped save a woman who fell 45 metres down the slope of a mountain in southwestern Alberta.

    Rescuers Team Up To Help Woman Who Fell Off Mountain In Southwestern Alta.

    Shorter Wait Times At Ontario Hospital Emergency Departments: Report

    Shorter Wait Times At Ontario Hospital Emergency Departments: Report
    TORONTO — A report by Ontario's health quality adviser says most patients at Ontario hospital emergency wards are not having to wait as long to see a doctor.

    Shorter Wait Times At Ontario Hospital Emergency Departments: Report