Vancouver Tax on Foreign Homebuyers Raises Costs for One Couple by Almost $113,000 Overnight

When the Canadian province of British Columbia imposed a 15% tax on foreign home buyers in Vancouver this summer, Frank Daams and Sabine Bosklopper faced an unenviable choice. The American couple could walk away from a deposit worth the equivalent of roughly $38,000 on the Vancouver home they were planning to buy and risk being […]