Skip to content

LETTER TO THE EDITOR: B.C.’s speculation tax discriminates

Tax hasn’t helped make homes affordable, says letter writer
web1_240327-nbu-letter-spec-tax-1_1
To submit a letter to the editor, e-mail editor@nanaimobulletin.com. Include your first and last name or initials and a last name, and your city of residence. Letters will be edited.

To the editor,

An advertisement in the newspaper says more than 99 per cent of B.C. residents are exempt from the speculation and vacancy tax.

Not all B.C. residents receive the declaration, only a select few municipalities receive the forms having to give out their SIN and of course prove they live on the property. But if they have a second place they will have to rent to someone or pay more taxes.

Are the property owners of B.C. required to provide rental units or is it the job of the government?

NDP claim to have collected $315 million in taxes since 2019. Guess if you can afford a second property you can pay more tax. How much did it cost B.C. taxpayers for the NDP to collect those declarations and the extra tax on property owners?

What did the NDP do with the $315 million, there does not seem to be reasonable rentals available?

Thirteen more communities are discriminated against as the rest of B.C. residents have no idea about the speculation and vacancy tax.

Lois Powell, Nanaimo

READ ALSO: Speculation tax expanding to several new B.C. communities

The views and opinions expressed in this letter to the editor are those of the writer and do not reflect the views of Black Press Media or the Nanaimo News Bulletin.

Letters policy: Letters should be no longer than 250 words and will be edited. Preference is given to letters expressing an opinion on issues of local relevance or responding to items published in the News Bulletin. Include your address (it won’t be published) and a first name or two initials, and a surname. Unsigned letters will not be published. Letters sent to the News Bulletin may also be published in the Ladysmith Chronicle.

Mail: Letters, Nanaimo News Bulletin, 777 Poplar St., Nanaimo, B.C. V9S 2H7

Fax: 250-753-0788

E-mail: editor@nanaimobulletin.com





Secondary Title