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GVS&DD Proposed DCC Rates

July 11, 2017

The proposed DCC rates presented at the November 25th GVS&DD Board meeting were calculated assuming the requirement of funding the…

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Vancouver Empty Homes Tax Amendments

July 11, 2017

Amendments to Vacancy Tax By-Law – Administrative Report Amendments to Vacancy Tax By-Law – Slide presentation  

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Vancouver Empty Homes Tax Impacts on Developers, Legal Industry and Real Estate Suppliers

June 5, 2017

UDI Members, As you know, the City of Vancouver is implementing an Empty Homes Tax (EHT) that will have significant…

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Vacancy Tax – UDI questions for City of Vancouver

May 11, 2017

Vancouver staff will be addressing a list of questions (below) submitted by UDI regarding the vacancy tax. UDI is in…

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Foreign Buyers Tax Exemptions & BC Budget

March 7, 2017

The Urban Development Institute appreciates exemptions to the Foreign Buyers Tax for foreign workers with work permits. Thank you letter…

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Drywall Tariff Update

March 2, 2017

Since the fall of 2016, UDI has been working with the Canadian Home Builder’s Association (CHBA) and other stakeholders on…

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Drywall Tariff – Call to Action

October 20, 2016

UDI Members, As you are aware, the Federal Government has ordered a review of the drywall tariffs in Western Canada….

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We cannot tax our way to housing affordability says UDI President Anne McMulllin

October 3, 2016

News Release –  We cannot tax our way to housing affordability says UDI President Anne McMulllin In the midst of…

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ALERT – new penalties for Property Transfer Tax evasion

August 2, 2016

The Superintendent of Real Estate is warning developers that under newly introduced Property Transfer Tax legislation they would face significant…

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UDI News Roundup

July 29, 2016

Below is a roundup of this week’s news regarding the new additional 15% Property Transfer Tax for foreign buyers. BC…

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UDI Response: Real estate contracts signed prior to August 2nd should be exempt from new 15% additional Property Transfer Tax

July 26, 2016

Yesterday the Provincial Government announced of a large tax on foreign buyers of residential real estate While we understand why…

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Media Release – UDI on 15% additional Property Transfer Tax for foreign buyers

July 25, 2016

Today the provincial government announced that effective August 2nd 2016 an additional 15% Property Transfer Tax (PTT) will apply for…

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