immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Evan Siddall: Dont Notice and Cent Tax

evan siddall: When a white person buys a house, we dont notice, according to Hamilton Spectator. When somebody of a different colour does, we do. Evan Siddall delivered a pointed speech on Wednesday to the Greater Vancouver Board of Trade, where he said housing should not become a wedge that divides newcomers from longtime residents. That not good economics, he said. The British Columbia government introduced a 15 per cent tax on foreign buyers in July in response to those concerns. Vancouver skyrocketing housing prices have increasingly been blamed on foreign capital flowing from China. (www.immigrantscanada.com). As reported in the news.