They are hungry for cash and equality for Karen. Here in BC the gov’t already put an additional tax on property owned by out of province dwellers. Extra 10k/yr for the coffers. Now Justina thinking about adding another asset tax to try to collapse the market so Karen can afford a home. Yup, they think of a homeowner as a ‘lottery winner’ , omg.

https://www.cbc.ca/news/canada/calgary/alberta-property-owners-bc-tax-1.4548251

https://www.thestar.com/business/opinion/2020/08/15/a-tax-on-home-equity-would-hurt-canadians-during-the-best-of-times-but-right-now-it-would-be-reckless.html

“The objective is to identify solutions that could level the playing field between renters and owners,” said CMHC spokesperson Audrey-Anne Coulombe.

It’s estimated a national home sales tax would raise at least $6 billion a year for the federal treasury.

In a 2019 report, UBC researchers called homeowners lottery winners with an unfair tax advantage.