Posted Feb 18, 2026, 5:04 PM
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Join Date: Feb 2009
Location: Vancouver
Posts: 27,368
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The other real estate related tax increase is in the Speculation & Vacancy Tax. I wonder how many more Shaughnessy mansions will join the already substantial inventory for sale.
B.C. government increases speculation and vacancy tax rate for the second consecutive year
Kenneth Chan
Feb 17 2026, 6:56 pm
The Government of British Columbia is increasing its Speculation and Vacancy Tax (SVT) rate for the second consecutive year — a move aimed at pushing more residential properties back into the housing market, discouraging speculative ownership, and increasing provincial government revenues.
As announced in today’s 2026 B.C. budget, the tax rate for foreign owners and untaxed worldwide earners — as well as other groups specified under the SVT — will rise by one per cent from the existing rate of three per cent to four per cent, effective Jan. 1, 2027....
https://dailyhive.com/vancouver/bc-speculation-and-vacancy-tax-rate-hike-2027
Last edited by whatnext; Feb 18, 2026 at 5:47 PM.
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