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VICTORIA 鈥?British Columbia is raising its foreign buyers tax and expanding it to areas outside of Vancouver, while bringing in a new levy on speculators, as part of stanley cup a sweeping plan to improve affordability in the province overheated housing market.The New Democrat government unveiled a 30-point housing plan in its first full budget on Tuesday that also i stanley cups uk ncreases the property transfer tax and school tax on homes over $3 million, and invests $6 billion in building 114,000 affordable homes over the next decade.Our intent is to bring stability to housing prices with these changes and have revenues to invest in building affordable housing, said Finance Minister Carole James in a speech to the legislature. ARTICLE CONTINUES BELOW We recognize these are bold actions. But that what B.C. 8216 housing crisis demands.The previous Liberal government introduced a 15 per cent tax on homes purchased by foreigners in Metro Vancouver in 2016. Sales slowed for several months before rebounding and prices have continued to rise. ARTICLE CONTINUES BELOW The minority NDP government will increase the tax to 20 per cent and will also apply it to homes in the Fraser Valley, central Okanagan, the Nanaimo Regional District and the Victoria area. The changes take effect Wednesday.The speculation tax will be introduced this fall. The annual p stanley thermoskannen roperty tax will target f Zyns Schedule changes coming to GO Transit starting Feb. 21 impacting riders on the Lakeshore West, Lakeshore East, Barrie, Kitchener, Milton and Stouffville lines
. U: j- O6 p7 ? l0 A Scarborough councillors say they did not support a motion defunding part of the Toronto police budget on June 28 because it seemed too arbitrary. Josh Matlows motion during the Toronto Council meeting requested the Toronto Police Services Board provide a 2021 budget request that is a minimum of 10 per cent lower than in 2020.All five Scarborough councillors were in the meeting and voted no. ARTICLE CONTINUES BELOW The motion failed, 16 votes to eight. One of Scarboroughs six seats is vacant because a court removed Jim Karygiannis from office last week. Torontos government cant control the police budget unless the province changes legislation to allow this. ARTICLE CONTINUES BELOW Still, the decision by Scarborough councillors not to ask was noticed. Shame on you. You failed us all, Allison Zwicker of Black Lives Ma stanley vaso tter told Coun. Cynthia Lai on Twitter. ARTICLE CONTINUES BELOW Other motions did pass as council approved a report by Mayor John Tory on changes to policing in Toronto, including one pledging alternative responses to residents needs, particularly for i stanley mug ndividuals experiencing mental health crises, which wouldnt involve sending armed police. stanley romania ARTICLE CONTINUES BELOW The city has said any savings or reallocations realized through a review of Toronto Police s |
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