Speculation tax causing 'confusion and fear' in East Kootenay - News Summed Up

Speculation tax causing 'confusion and fear' in East Kootenay


"The speculator tax has definitely caused some confusion and fear among people," said Gerry Taft, the mayor of Invermere and a real estate agent with Royal LePage. including Metro Vancouver, the Nanaimo Regional District, Kelowna and West Kelowna. The Regional District of East Kootenay recently released a statement raising concern that the tax targets secondary homeowners who want to invest time and money in the B.C. The cities of Kelowna and West Kelowna have also expressed concern about the proposed tax. West Kelowna is demanding that that city be exempt.


Source: CBC News March 15, 2018 22:30 UTC



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