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BC & Canada fall behind on overseas possession rules for purchasing property

In Canada, overseas homebuyers are treated a lot the identical as Canadians, although they’ll face larger property or switch taxes. the only province in Canada that regulates home ownership is Prince Edward Island, which restricts non-residents of the …
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Boardwalk's (BOWFF) CEO Sam Kolias on Q1 2015 results – income call

switch to some other Boardwalk REIT, high reason for move-out whereas move-out to purchase new homes got here in 2nd, elevated through 2.3% this quarter. …. This was once in part tampered via the FFO loss on the sale of West Park Ridge and our BC property …
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long gone however now not forgotten: restrictive covenant restored to title towards the

In 2008, BC Retail and the overall Partnership bought their Boitanio Mall lot to Janda crew Holdings W.L. Ltd. (“Janda”). To keep away from property switch tax, BC Retail remained the registered proprietor on title while the overall Partnership transferred its …
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