Welcome to North Vancouver! Located on the North Shore of the Burrard inlet in British Columbia, North Vancouver is a haven for some of the best skiing and hiking trails the country has to offer.  The municipality is separated into the City of North Vancouver and the District of North Vancouver. The City of North […]

Housing is the centrepiece of the federal government’s 2022 budget. Here are some of the proposed programs and tax measures: One-time $500 payment to “those facing housing affordability challenges”, with a total of $475 million allocated in 2022-23 to pay for this. Doubled First-Time Homebuyer’s tax credit, to offer a tax break of $1,500 for […]

-According to a report released by Sotheby’s International Real Estate and the Mustel Group, 40% of Vancouver’s Generation Z adults expect their first home to be co-owned. -The survey also revealed that 37% of Generation Z adults (ages 18-28) expect they will be able to purchase their first home in less than five years.43% of […]

2018 the Government of BC was under pressure to respond to skyrocketing housing prices in BC. In response, the government introduced the Speculation and Vacancy Tax. The Government of BC says: “The speculation tax is designed to turn empty homes into housing for British Columbians, and to ensure that foreign owners and those with foreign […]

First Time Home Buyers’ program reduces or eliminates the property transfer tax when you purchase your first home. If requirements are met, first-time homeowners can avoid a tax bill of up to $8,000. Along with meeting other requirements, the home being purchased must be worth less than $525,000. The First Time Home Buyers’ Program reduces […]