B.C. takes ‘hard look’ at non-resident real estate tax

The B.C. government is examining a proposal for an “affordable housing fund” generated by a tax targeted at non-resident investors and speculators, Premier Christy Clark said Tuesday. The concept by a group of university business school academics could help loosen the tight rental market by encouraging owners of vacant homes to rent them out, Clark told reporters at a tech conference in Vancouver.

from http://www.vancouversun.com/news/metro/takes+hard+look+resident+real+estate/11660332/story.html