Stan's Blog

Canada Bans Foreign Buyers for 2 Years effective on Jan 1, 2023

Posted on Nov 01, 2022

The Government of Canada announced a measure to prohibit non-Canadians from purchasing residential property in Canada for a period of 2 years in Budget 2022.

The Parliament of Canada passed legislation – the Prohibition on the Purchase of Residential Property by Non-Canadians Act on June 23, 2022. This law will come into effect on January 1, 2023.


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AirBnB in Vancouver

Posted on May 23, 2019

There is a lot of confusion as to whether or not you can Airbnb in Vancouver, BC. Prior to April 2018, rental stays of less than 30 days were not allowed in Vancouver except for licensed hotels or bed-and-breakfasts in certain zoned areas. However, due to high rental and low vacancy rates, the city voted to begin allowing short-term rentals.

Only ce...

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New BC Speculation & Vacancy Tax

Posted on May 07, 2019

The speculation and vacancy tax is a key measure in tackling the housing crisis in major urban centres in British Columbia, where home prices and rents have skyrocketed out of reach for many British Columbians.

The provincial government is taking action because people who live and work in B.C. deserve an affordable place to call home.The speculation...

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