November 28, 2019
Well, it isn't as bad as what was proposed for you pied a terre owners, but the City of Vancouver has passed a resolution to raise the amount of the Empty Homes Tax from 1% to 1.25% in 2020 and another .25%/annum for the following 2 years.
Full story below:
https://www.vancouverisawesome.com/2019/11/28/empty-homes-tax-increase-2020-vancouver/
Declarations must be made by February 4th, 2020 for the 2019 tax year:
https://vancouver.ca/home-property-development/empty-homes-tax.aspx
