BC Strata Insurance Report
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BC Strata Insurance Report

For more information on the real estate market and conditions visit www.vreg.ca Honourable Carole JamesMinister of Finance and Deputy Premier June 16, 2020 Dear Minister: RE: BC Strata Property Insurance Market – Interim Findings BC Financial Services Authority (BCFSA) is pleased to report its interim findings on the strata insurance market in British Columbia (BC). At…

Home Buyers Property Transfer Tax and Foreign Entity Tax 2018
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Home Buyers Property Transfer Tax and Foreign Entity Tax 2018

Property Transfer Tax 2018 Effective February 21, 2018, the Property Transfer Tax (“PTT”) payable under the Property Transfer Tax Act (“PTTA”) are as follows: Example 1: For a property that has a fair market value of $500,000 1% on the first $200,000 1% of 200,000 = $2,000.00 2% on the portion of the fair market value greater than…