Vancouver homeowner off the hook for $340,000 Empty Homes Tax bill
A Vancouver homeowner will not have to pay a tax bill worth hundreds of thousands of dollars, a B.C. judge decided.
The homeowner is no longer on the hook for $340,000 racked up through the city's Empty Homes Tax.
In the first major judgment on the local tax, a B.C. Supreme Court justice ruled against the two-level internal appeal process.
The case involves a lot with an iconic view, located on Belmont Avenue in the city's tony Point Grey neighbourhood.
The owner began redeveloping the property in 2018.
The city argued the owner didn't apply for an Empty Homes Tax exemption early enough, but that decision was deemed "unreasonable" in court last week.
A legal expert said this ruling should serve as a lesson for municipal governments in Toronto and Ottawa as those cities consider a similar tax system.
In Vancouver, the fee also known as the Vacancy Tax was introduced four years ago as a way to encourage property owners to put their empty or underutilized property on the rental market.
In part, it was to discourage owners from renting their properties only through sites like Airbnb, when the city's vacancy rate was near zero and renters who were able to find long-term accommodations in their own city faced sky-high monthly rates.
Homeowners who live in their home can apply each year for exemption, but those who own properties deemed empty are subject to a tax – which was three per cent in 2021.
CTVNews.ca Top Stories
B.C. tenants evicted for landlord's use after refusing large rent increase to take over neighbouring suite
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
Mountain guide dies after falling into a crevasse in Banff National Park
A man who fell into a crevasse while leading a backcountry ski group deep in the Canadian Rockies has died.
Expert warns of food consumption habits amid rising prices
A new survey by Dalhousie University's Agri-Food Analytics Lab asked Canadians about their food consumption habits amid rising prices.
MPP Sarah Jama asked to leave Ontario legislature for wearing keffiyeh
MPP Sarah Jama was asked to leave the Legislative Assembly of Ontario by House Speaker Ted Arnott on Thursday for wearing a keffiyeh, a garment which has been banned at Queen’s Park.
Charlie Woods, son of Tiger, shoots 81 in U.S. Open qualifier
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
Ex-tabloid publisher testifies he scooped up possibly damaging tales to shield his old friend Trump
As Donald Trump was running for president in 2016, his old friend at the National Enquirer was scooping up potentially damaging stories about the candidate and paying out tens of thousands of dollars to keep them from the public eye.
Here's why provinces aren't following Saskatchewan's lead on the carbon tax home heating fight
After Prime Minister Justin Trudeau said the federal government would still send Canada Carbon Rebate cheques to Saskatchewan residents, despite Saskatchewan Premier Scott Moe's decision to stop collecting the carbon tax on natural gas or home heating, questions were raised about whether other provinces would follow suit. CTV News reached out across the country and here's what we found out.
Montreal actress calls Weinstein ruling 'discouraging' but not surprising
A Montreal actress, who has previously detailed incidents she had with disgraced Hollywood producer Harvey Weinstein, says a New York Court of Appeals decision overturning his 2020 rape conviction is 'discouraging' but not surprising.
Caleb Williams, Jayden Daniels and Drake Maye make it four NFL drafts with quarterbacks going 1-3
Caleb Williams is heading to the Windy City, aiming to become the franchise quarterback Chicago has sought for decades.