In December, three in four British Columbians (76%) agreed with the speculation tax – an eight-point increase since we last looked at this issue in March 2019. Majorities in all five regions of the province are in favour of this decision, including 75% in Metro Vancouver, 76% in Vancouver Island, 78% in southern B.C., 80% in the Fraser Valley and 82% in Northern B.C.
The current provincial government’s decision to increase the foreign-buyer’s tax from 15% to 20% is regarded as a positive move by 77% of British Columbians. The same proportion (77%) also endorses the expansion of this tax to areas located outside of Metro Vancouver.