BNN Interview about the New 15% Foreign Buyers Tax
Business News Network (BNN) speaks with Jonathan Cooper, Vice President of Operations at Macdonald Real Estate Group about the impact of the new tax.
The B.C. government announced a new plan to introduce a 15% property transfer tax for non-Canadian citizens and non-permanent residents in Metro Vancouver. The move comes as the government attempts to combat the growing affordability crisis in the Vancouver area.