Happy Birthday to the Property Transfer Tax
This week the dreaded BC property transfer tax turns a quarter century old. For those who do not know, the Property Transfer Tax (PPT for short) was a tax brought in by Bill Vander Zalm back in 1987, the same Bill Vander Zalm who looks like a BC hero, who recently helped overturn the HST back to the traditional PST and GST models in BC.
The tax is 1% of the 1st $100,000 spent on a home, and 2% on the...
Source: Vancouver Sun
An accident in which a roofer was killed when he fell through the skylight of former premier Gordon Campbell’s vacation home is highlighting a little-known piece of contract law that can have huge implications for homeowners.
In a report released publicly Monday, WorkSafeBC said Campbell, as the homeowner, became the “prime contractor” because he failed to assign that written role to the general...
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