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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, March 7, 2017

Proposed class action against B.C. says foreign buyers' tax unconstitutional

A proposed class-action lawsuit says British Columbia's 15-per-cent tax on foreign nationals who buy homes in the Vancouver area is unfairly prejudiced against people from Asia, who have historically faced discrimination in the province.

Amended documents filed in B.C. Supreme Court last week argue the so-called foreign-buyers' tax is unconstitutional because it violates equality rights by making an ``arbitrary'' distinction between those who are citizens and permanent residents of Canada and those who are not.

The lawsuit, which was originally filed in September, says the tax unfairly assumes foreign nationals are wealthier than Canadians, and argues it violates dozens of international treaties guaranteeing equal treatment to non-Canadian citizens and permanent residents.

The B.C. government introduced the foreign-buyers' tax last summer in an effort to quell Metro Vancouver's overheated real-estate market, which saw July prices for detached homes soar 38 per cent over a single year.

The representative plaintiff in the proposed class action is Jing Li, a Chinese national who learned she would have to pay an additional $83,000 on a $587,000 home in Langley that she agreed to purchase days before the government announced the new tax.

Earlier this year, Premier Christy Clark tweaked the rules around the law exempting anyone living in B.C. on a work permit and who pays taxes in the province.

MBN

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