New Rules to Regulate Short-term Rentals

The BC government has taken action towards regulating the rapid growing short-term rental market. More than 16,000 homes in BC are being used as short-term rentals for the majority of the year, making it more challenging to find affordable long-term rentals.⁠ The new law has increased fines for non-compliance and will require all providers of […]

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2023 Incoming Policy & Tax Changes

There have been so many announcements and shifts in laws surrounding tax and property this year, that we thought it would be helpful to mute the chatter and distill it down to what you really need to know.

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Leasehold Properties – The Pros and Cons

It’s certainly an exciting time in real estate. There is so much going on, and the pace, oh, the pace is outstanding! Properties are listed one day and sold the next. It’s really quite something. Maybe you’ve been looking for a property for some time now and you’ve noticed house prices are pretty high and […]

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Reminder About The Empty HOME TAX Declaration!

Knock Knock! Anybody home?! Don’t forget that all City of Vancouver Home Owners must submit their EMPTY HOME TAX DECLARATION by February 4, 2020. Each year, every owner of residential property in Vancouver is required to submit a property status declaration to determine if their property is subject to the tax. Vancouver property owners must […]

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The Year of the Rat

Being part of other cultures in Vancouver is one of the best things about this city. We wish all of our friends a very happy Chinese New Year for 2020! Year of the Rat … what does that mean exactly? First of all – the Rat is the FIRST sign in the Chinese zodiac. It’s […]

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Bank of Canada Holds Interest Rate

The Bank of Canada announced today that it is keeping its key rate unchanged, noting that the global economy appears to be stabilizing with growth expected to edge higher in the coming years, although uncertainty relating to ongoing trade conflicts continues to be a risk. A resilient Canadian economy, with investment spending stronger than expected, has allowed […]

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