NDP tax changes do better job of taxing wealth flows: demographer

The real-estate tax implications of the NDP government’s first full budget will be felt mostly by a small sliver of Metro Vancouver households concentrated in areas of Vancouver’s west side, West Vancouver and South Surrey-White Rock, according to a study by demographer Andy Yan.
The real-estate tax measures in Finance Minister Carole James’ budget include a 0.2 per cent increase in school taxes and boost of the property transfer tax from three to five per cent on homes worth $