World-leading legislation introduced by the provincial government will help bring an end to the days when B.C. could be used by shell companies and other legal entities to anonymously hide wealth, evade taxes and launder money.

Two reports on money laundering in British Columbia were delivered to government, following a two-pronged review aimed at shutting down avenues for money laundering in real estate, luxury cars and horse racing.

More than 80% of declarations for the speculation and vacancy tax (SVT) have been completed and of those, more than 90% were completed securely online in just a few minutes.

Premier John Horgan and Mitzi Dean, Parliamentary Secretary for Gender Equity, have released the following statement celebrating International Women’s Day on March 8, 2019:

Between Jan. 18 and Feb. 28, 2019, people who own residential property in areas subject to the speculation and vacancy tax (SVT) will receive a letter with clear instructions for how to complete a declaration and register an exemption.

In recent years, I’ve talked to countless workers and young couples who told me they were leaving the province because they couldn’t afford to buy a home and raise a family in B.C.