Speculation and vacancy tax helps bring homes to people
New data shows that the speculation and vacancy tax (SVT) helped turn more empty units into homes in 2023.
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The impacts of potential U.S. tariffs are adding uncertainty to the global and domestic outlook, but private-sector forecasters indicate British Columbia is well positioned to take on whatever comes next.
As B.C. continues to fight against threatened United States tariffs of 25% on all Canadian imports, the Province has done a preliminary assessment of potential impacts to the B.C. economy of a trade war with the United States.
Whether they rent or own, people in B.C. may be eligible for help with their housing costs in 2025.
Eligible people will get some help with their holiday bills with benefits and credits arriving in the new year.
New actions are being implemented to help more people find affordable homes in the communities where they live and work.
The B.C. Public Service acknowledges the territories of First Nations around B.C. and is grateful to carry out our work on these lands. We acknowledge the rights, interests, priorities, and concerns of all Indigenous Peoples - First Nations, Métis, and Inuit - respecting and acknowledging their distinct cultures, histories, rights, laws, and governments.