B.C. government opens exemption process for speculation tax

Estimated two-thirds of those who will pay the Speculation Tax will not be out-of-province speculators, but British Columbians.

The NDP's "Speculation Tax" being charged to all homeowners in BC's largest urban centres - whether they're speculators or not.

It's up to those affected homeowners to apply for exemptions by March 31, 2019 or wait up to 6 years (yes, years) for a rebate if they fail to opt-out.

Read more from The Province here.

Note - Declaration forms are being mailed by the NDP - if you haven't received your's by mid-February I recommend you visit the Speculation and Vacancy Tax page to contact the Provincial Government.