Full-time resident also opposes speculation tax

A letter to the Hon. Carole James, Minister of Finance:

I write as a full-time resident of B.C. and a voter to express opposition to the provincial government’s plan to institute a property speculation tax on residents who regularly spend part of the year in their homes in our province, but whose principal residence is elsewhere in Canada.

This is a bad idea for the following reasons: part-time residents pay full property taxes on their homes, which entitles them to use community services in the same manner as full-time residents. Furthermore, their use is less than full-time, thereby reducing pressure on these services.

Adding a tax is unfair. If these part-time residents require health care, the cost is billed to their home province. Many part-time residents own condominiums with bylaws that forbid rentals or short term rentals, so they cannot rent their property, even if they are willing. As their B.C. residence is their second home, why should they rent out or be taxed any more than full-time B.C. residents who own vacation property?

If the purpose of the proposed tax on non-residents is to reduce speculation and increase the rental pool, then focus should be on real estate that remains vacant year-round, whether the owners are B.C. residents, other Canadians or foreign owners. In conclusion, those from other parts of Canada who choose to live part-time in and contribute to our economy in B.C., rather than out of country, should not be penalized for doing so.

Lillian Bramwell

Parksville

Just Posted

New Cowichan Valley duo performing in Parksville

Established solo artists find inspiration in new partnership ahead of album releases

ORCA continues push for track upgrade at Ballenas

Running association official plans to meet with MLA on Thursday

Government looks for public input on Cathedral Grove safety concerns

Port Alberni, Parksville info sessions invite public to help ‘shape future access’

Little Qualicum Cheeseworks cheese linked to 5 E. coli cases in B.C.

People are asked to throw out or return ‘Qualicum Spice’ cheese

People flocking to Vancouver Island city to see hundreds of sea lions

Each year the combination of Steller and California sea lions take over Cowichan Bay

Older B.C. drivers subsidizing younger ones, study finds

ICBC protects higher-risk drivers, pays for testing costs

B.C. firefighters rescue horse stuck in mud

‘It happens more often than you’d think,’ says deputy chief

Island Corridor Foundation optimistic about restoring rail service

If green-lighted, first priority would be Langford to Victoria route

Cowichan school district defends lack of notice to parents following elementary student arrest

Officials with School District 79 stand by their decision not to send out an alert.

Dog psychic can help Vancouver Islanders better connect with their pets

Michele Wonnacott hosts one-day seminar in Nanaimo on Saturday, Nov. 17

B.C. dog owner sues after pet killed in beaver trap

A Kamloops man is suing the operator of a trapline north of the city after his dog died

UPDATED: Vancouver Island man survived for ‘days’ trapped in smashed truck

Duncan Moffat, 23, found by hunter beside the highway near Sayward

Heading soccer balls can cause damage to brain cells: UBC study

Roughly 42 per cent of children in the country play soccer, according to statistics from Heritage Canada

Most Read