Jan

Vancouver Renters Help Million-Dollar Homeowners With Their Taxes

Province raises homeowner grant threshold to C$1.6 million
Loans to pad first-time buyers’ down payments start next week

In Canada’s priciest real estate market, the provincial government is pitching in to pay the property taxes of million-dollar Vancouver homeowners and offering loans to first-time buyers for down payments.

Too bad for renters, who are among the taxpayers footing a C$1.5 billion ($1.2 billion) bill at least in the next few years…

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Vancouver Renters Help Million-Dollar Homeowners With Their Taxes

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