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Taxes

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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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Housing Vacancy and Housing Supply

July 11, 2016

Today BC Finance Minister Mike de Jong announced the Province will allow the City of Vancouver the statutory ability to proceed…

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Vancouver takes next steps on taxing empty homes

June 22, 2016

FOR IMMEDIATE RELEASE Office of the Mayor   Vancouver takes next steps on taxing empty homes Unprecedented 0.6 per cent…

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B.C. Property Tax Calculator

February 18, 2016

The Province has updated their website with changes to the PTT, including a calculator to show exactly how much is paid…

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Featured Events

UDI Seminar: Project Amenity Space - The Do's and Don'ts

June 6 @ 7:30 am

Why are Project Amenity Spaces needed at all? In our competitive market right now, developments need to stand out and...

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Women of UDI - Women Celebrating Women 2017

June 6 @ 5:00 pm

Join us for The Women of UDI Committee’s 6th annual flagship event – Women Celebrating Women. This year’s panel features...

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UDI Luncheon - Break Bread with the Titans of Real Estate Marketing

June 8 @ 11:30 am

Three top titans of real estate marketing dish on the “hot buttons” of the industry today. Join the UDI luncheon...

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