Impacts of Speculation Tax

“We are being forced to leave because B.C. Finance Minister Carole James has decreed that we are foreign “speculators” who don’t deserve to be here. It feels like she has withdrawn the Canadian welcome invitation extended to us 14 years ago.” Retired person living in Minneapolis who formerly had a part-time home in James Bay.

This is becoming a common lament of long-time, part-time Victorians who don’t live in Victoria full time and who are not set up to rent out their home away from home. Read the full story in Times Colonist: https://www.timescolonist.com/opinion/letters/comment-goodbye-victoria-speculation-tax-is-forcing-us-to-leave-1.23946820

Is the speculation tax doing what it’s supposed to, or is it doing more harm than good? Let me know what you think.