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Speculation and Vacancy Tax Technical Briefing September 12, 2019
SVT Key Facts More than 99.8 per cent of British Columbians are exempt
Exempt
Non-Exempt
2
SVT Key Facts The majority of tax payers are foreign owners and satellite families 221
British Columbians
2362
Other Canadians 1519 7681
Foreign Owners and Satellite Families Other
3
Moderation in the Housing Market • The SVT is contributing to the ongoing moderation in BC’s housing market.
– The SVT, along with other provincial and federal measures, is reducing speculative behaviour in the housing market. – MLS home sales in the province are below historical norms and the average home sale price has declined by 5.6 per cent year-to-date to July 2019. – Going forward we expect homes to be valued based on their value as a home for BC residents, and not as a speculative investment. 4
Moderation in the Housing Market • The SVT appears not to have had an adverse effect on housing supply that is intended for BC residents. – Housing starts remain relatively high compared to historical averages. – Over 15 thousand exemptions were claimed for properties that are under construction or in the development process.
• Vacancy rates improved slightly in 2018. Next set of CMHC vacancy rate data will be available in October. 5
SVT Revenue for Fiscal Year 2018/19 • Revenue from the tax was $115 million for the 2018-19 fiscal year, higher than estimated as a result of: –
–
Public s 2018-19 required that the 15 months of revenue from Jan. 1, 2018, to March 31, 2019, be reported during the 12 month fiscal year. Higher than expected property values of homes captured by the SVT.
• Declarations are reported on a calendar year basis. Based on declarations received to date the 2018 calendar year revenue is $58M. 6
Tax Assessed on Declarations by Region for Calendar Year 2018 Regional District
Tax Assessed*
Capital
$3,743,000
Central Okanagan
$2,964,000
Fraser Valley
$661,000
Metro Vancouver
$50,084,000
Nanaimo
$621,000
Total
$58,073,000
* Based on declarations received as of August 28, 2019 7
Average property value – SVT Taxpayers $1,800,000 $1,600,000
$1,621,943 $1,490,435 $1,359,818
$1,400,000 $1,141,723
$1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $-
Foreign Owners
Satellite Families
Other Canadians
British Columbians
8
Average Amount of Tax Paid – SVT Taxpayers $7,000 $6,333 $6,000
$5,530
$5,000 $4,000
$3,540
$3,000
$2,557
$2,000 $1,000 $-
Foreign Owners
Satellite Families
Other Canadians
British Columbians
9
Distribution of BC Resident Taxpayers Municipality
Municipal residents who pay BC residents who pay the the SVT somewhere in the SVT in the municipality SVT area
Abbotsford
38
36
Anmore
nr
nr
Belcarra
nr
11
Burnaby
93
167
Central Saanich
10
7
Chilliwack
17
63
Colwood
6
13
Coquitlam
45
54
Delta
38
41
6
8
Esquimalt
* The remaining municipalities are provided in Appendix 1 in the Mayor’s binders. * Data has been suppressed (i.e. nr) where necessary to prevent disclosure of taxpayer information.
Table 1: Owners Who Own Residential Properties BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
Exempt
1,363,682
25,239
18,988
16,925
17,610
1,442,444
Non exempt
2,362
1,519
4,621
3,060
221
11,783
Total
1,366,044
26,758
23,609
19,985
17,831
1,454,227
11
Table 2: Top Ten Exemptions Claimed Exemption Principal residence Occupied by a tenant
Count 1,286,066 351,241
Recently acquired or inherited
18,026
Construction or renovation
15,106
Property with no residence
11,572
Rental restrictions
5,432
Vacant new inventory
3,015
Separation or divorce
2,467
Death of an owner
1,944
Phased development Other exemptions
1,876
Total
7,189 1,703,934
12
Table 3: Residential Properties – Declared Properties BC Other Resident Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
Exempt
975,232
15,088
15,389
12,447
12,329
28,770
1,059,255
Non exempt
1,746
830
3,260
2,074
1,262
214
9,386
Total Declared
976,978
15,918
18,649
14,521
13,591
28,984
1,068,641
13
Table 4: Residential Properties That Pay the SVT BC Other Resident Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
Detached Home
646
258
1026
985
618
79
3,612
Townhouse
183
90
396
272
183
11
1,135
Condomini um
847
463
1,788
788
425
100
4,411
Other Residential
70
19
50
29
36
24
228
Total
1,746
830
3,260
2,074
1,262
214
9,386
14
Table 5: 2018 Calendar Year Revenue by Owner Type ($millions)
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$6.0
$5.3
$25.5
$19.4
$1.8
$58
15
Summary • To date, the data indicates that the SVT is meeting its policy goals. • Very few British Columbians pay the tax. • The tax helps ensure homes are available to British Columbians to live in. • The speculation and vacancy tax will be assessed through the legislated annual consultations with municipalities and the 5year review. 16
Appendix 1 Municipality Abbotsford Anmore Belcarra Burnaby Central Saanich Chilliwack Colwood Coquitlam Delta Esquimalt Highlands Kelowna Langford Township of Langley City of Langley Lantzville Maple Ridge Metchosin Mission Nanaimo New Westminster North Saanich District of North Vancouver City of North Vancouver Oak Bay Pitt Meadows Port Coquitlam Port Moody Richmond Saanich Sidney Sooke Surrey UBC Vancouver Victoria View Royal West Kelowna West Vancouver White Rock
Municipal residents who pay the SVT somewhere in the SVT area 38 nr nr 93 10 17 6 45 38 6 nr 44 10 39 5 nr 18 nr 11 27 23 16 38 18 11 nr 10 22 153 60 14 nr 148 9 357 47 9 28 58 10
BC residents who pay the SVT in the municipality 36 nr 11 167 7 63 13 54 41 8 nr 142 27 39 13 nr 44 7 24 70 40 29 34 52 23 10 15 12 285 nr 23 17 207 28 435 184 6 80 49 30
Municipal residents are BC residents that have claimed a principal residence exemption in the municipality. Data has been suppressed (i.e. nr) where necessary to prevent disclosure of taxpayer information
Abbotsford Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Abbotsford
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
60,699 36 60,735
564 20 584
226 43 269
370 62 432
879 7 886
62,738 168 62,906
Table 2: Top Ten Exemptions Claimed in Abbotsford Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Construction or renovation Vacant new inventory Rental restrictions Phased development Death of an owner Separation or divorce Other exemptions Total
54,974 13,121 709 697 647 197 140 103 81 69 166 70,904
Table 3: Residential Properties in Abbotsford - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
38,917 29 38,946
nr nr 286
237 29 266
nr nr 172
349 42 391
nr nr 1,643
41,560 144 41,704
Table 4: Residential Properties in the Fraser Valley Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
71 13 nr nr 92
5 nr nr nr 8
24 15 nr nr 44
41 11 nr nr 63
44 8 10 5 67
6 nr nr 16 24
191 49 26 32 298
Table 5: 2018 Calendar Year Revenue by Owner Type in Abbotsford
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$30,000
$22,000
$129,000
$105,000
$22,000
$308,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Anmore Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Anmore
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr nr 1,144
nr nr 19
nr nr 28
nr nr 13
nr nr 23
1,218 9 1,227
Table 2: Top Ten Exemptions Claimed in Anmore Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Separation or divorce Vacant new inventory Uninhabitable property Bankruptcy Rental restrictions Other exemptions Total
1,033 133 54 47 12 6 6 4 1 1 1 1,298
Table 3: Residential Properties in Anmore - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 668
nr nr 22
nr nr 20
nr nr 7
nr nr 13
nr nr 30
752 8 760
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Anmore
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
$60,000
$35,000
nr
$112,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Belcarra Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Belcarra
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
488 11 499
5 nr nr
nr nr 9
nr nr nr
nr nr 5
503 19 522
Table 2: Top Ten Exemptions Claimed in Belcarra Exemption
Count
Principal residence Property with no residence Occupied by a tenant Construction or renovation Uninhabitable property Death of an owner Recently acquired or inherited Separation or divorce Rental restrictions Other exemptions Total
406 48 39 21 11 3 3 2 1 0 534
Table 3: Residential Properties in Belcarra - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
291 6 297
nr nr nr
nr nr 7
nr nr nr
nr nr nr
nr nr nr
300 11 311
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Belcarra
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$19,000
nr
$38,000
nr
nr
$64,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Burnaby Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Burnaby
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
96,711 167 96,878
1,536 48 1,584
2,535 651 3,186
1,656 180 1,836
901 14 915
103,339 1,060 104,399
Table 2: Top Ten Exemptions Claimed in Burnaby Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Death of an owner Separation or divorce Vacant new inventory Uninhabitable property Other exemptions Total
83,473 25,968 1,654 807 630 186 157 127 110 65 340 113,517
Table 3: Residential Properties in Burnaby - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
66,172 133 66,305
871 28 899
1,872 491 2,363
1,176 117 1,293
1,040 97 1,137
1,086 10 1,096
72,217 876 73,093
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Burnaby
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$286,000
$152,000
$2,323,000
$703,000
$73,000
$3,537,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Central Saanich Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Central Saanich
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
9,300 7 9,307
101 8 109
nr nr 27
39 8 47
nr nr 59
9,523 26 9,549
Table 2: Top Ten Exemptions Claimed in Central Saanich Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Rental restrictions Construction or renovation Vacant new inventory Separation or divorce Death of an owner Person with disabilities Other exemptions Total
8,711 918 68 50 27 26 17 13 12 7 22 9,871
Table 3: Residential Properties in Central Saanich - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
5,601 5 5,606
nr nr 52
nr nr 17
nr nr 22
37 5 42
nr nr 63
5,783 19 5,802
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Central Saanich
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$16,000
$28,000
nr
$20,000
nr
$73,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Chilliwack Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Chilliwack
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
42,379 63 42,442
452 9 461
145 16 161
185 48 233
649 12 661
43,810 148 43,958
Table 2: Top Ten Exemptions Claimed in Chilliwack Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Vacant new inventory Phased development Rental restrictions Separation or divorce Death of an owner Other exemptions Total
37,020 9,732 565 551 548 90 77 77 53 45 149 48,907
Table 3: Residential Properties in Chilliwack - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
27,838 45 27,883
nr nr 191
nr nr 124
nr nr 125
262 18 280
nr nr 1,123
29,614 112 29,726
Table 4: Residential Properties in the Fraser Valley Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
71 13 nr nr 92
5 nr nr nr 8
24 15 nr nr 44
41 11 nr nr 63
44 8 10 5 67
6 nr nr 16 24
191 49 26 32 298
Table 5: 2018 Calendar Year Revenue by Owner Type in Chilliwack
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$48,000
$12,000
$38,000
$92,000
$28,000
$218,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Colwood Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Colwood
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
8,897 13 8,910
143 6 149
nr nr 46
37 12 49
nr nr 75
9,193 36 9,229
Table 2: Top Ten Exemptions Claimed in Colwood Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Apartment buildings Vacant new inventory Separation or divorce Phased development Death of an owner Other exemptions Total
8,016 1,277 144 137 103 63 20 18 16 13 26 9,833
Table 3: Residential Properties in Colwood - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
5,490 9 5,499
nr nr 65
nr nr 34
17 7 24
nr nr 57
nr nr 203
5,858 24 5,882
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Colwood
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
nr
$26,000
nr
$52,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Coquitlam Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Coquitlam
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
63,369 54 63,423
nr nr 848
1,145 314 1,459
813 121 934
nr nr 523
66,664 523 67,187
Table 2: Top Ten Exemptions Claimed in Coquitlam Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Rental restrictions Separation or divorce Vacant new inventory Death of an owner Uninhabitable property Other exemptions Total
56,121 13,508 851 793 317 144 140 73 61 52 170 72,230
Table 3: Residential Properties in Coquitlam - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
41,782 46 41,828
nr nr 479
886 254 1,140
564 84 648
nr nr 480
nr nr 758
44,881 452 45,333
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Coquitlam
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$77,000
nr
$1,242,000
$470,000
nr
$1,863,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Delta Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Delta
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
49,208 41 49,249
nr nr 344
191 49 240
311 80 391
nr nr 338
50,378 184 50,562
Table 2: Top Ten Exemptions Claimed in Delta Exemption
Count
Principal residence Occupied by a tenant Construction or renovation Recently acquired or inherited Property with no residence Separation or divorce Rental restrictions Death of an owner Vacant new inventory Phased development Other exemptions Total
44,956 7,669 457 357 138 85 75 65 45 39 137 54,023
Table 3: Residential Properties in Delta - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
30,234 34 30,268
nr nr 163
nr nr 168
182 40 222
213 31 244
nr nr 452
31,371 146 31,517
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Delta
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$90,000
nr
$184,000
$242,000
nr
$556,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Esquimalt Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Esquimalt
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
6,856 8 6,864
208 11 219
nr nr 23
40 9 49
nr nr 102
7,223 34 7,257
Table 2: Top Ten Exemptions Claimed in Esquimalt Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Separation or divorce Apartment buildings Death of an owner Child daycare Other exemptions Total
5,890 1,471 69 66 31 14 11 6 6 5 19 7,588
Table 3: Residential Properties in Esquimalt - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
4,482 5 4,487
101 5 106
nr nr 11
nr nr 26
65 7 72
nr nr 126
4,807 21 4,828
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Esquimalt
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
$16,000
nr
$17,000
nr
$45,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Highlands Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Highlands
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr nr 1,367
nr nr 21
nr nr 5
14 9 23
nr nr 22
1,427 11 1,438
Table 2: Top Ten Exemptions Claimed in Highlands Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Uninhabitable property Vacant new inventory Separation or divorce Child daycare Death of an owner Other exemptions Total
1,274 96 74 21 17 4 4 3 2 2 1 1,498
Table 3: Residential Properties in Highlands - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 788
nr nr nr
nr nr nr
7 5 12
nr nr 11
nr nr 37
851 6 857
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Highlands
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
nr
$23,000
nr
$26,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Kelowna Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Kelowna
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
62,644 142 62,786
3,389 346 3,735
322 70 392
505 68 573
1,075 17 1,092
67,935 643 68,578
Table 2: Top Ten Exemptions Claimed in Kelowna Exemption
Count
Principal residence Occupied by a tenant Construction or renovation Recently acquired or inherited Property with no residence Strata accommodation Rental restrictions Vacant new inventory Separation or divorce Death of an owner Other exemptions Total
55,342 17,630 980 929 909 419 333 172 125 112 377 77,328
Table 3: Residential Properties in Kelowna - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
42,547 88 42,635
1,862 190 2,052
241 41 282
311 34 345
919 65 984
1,404 17 1,421
47,284 435 47,719
Table 4: Residential Properties in the Central Okanagan Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
82 20 40 6 148
120 nr 98 nr 263
26 nr 17 nr 47
31 nr 11 nr 49
46 nr 27 nr 83
9 nr 10 nr 22
314 85 203 10 612
Table 5: 2018 Calendar Year Revenue by Owner Type in Kelowna
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$321,000
$1,154,000
$180,000
$189,000
$80,000
$1,924,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Langford Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Langford
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
18,833 27 18,860
515 40 555
nr nr 122
123 24 147
nr nr 324
19,900 108 20,008
Table 2: Top Ten Exemptions Claimed in Langford Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Vacant new inventory Strata accommodation Separation or divorce Phased development Uninhabitable property Other exemptions Total
16,166 4,106 355 304 281 116 92 46 25 20 69 21,580
Table 3: Residential Properties in Langford - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
11,952 17 11,969
245 21 266
nr nr 73
nr nr 72
nr nr 175
nr nr 514
12,997 72 13,069
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Langford
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
$56,000
$35,000
$42,000
nr
$146,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Township of Langley Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Township of Langley
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
60,740 39 60,779
480 12 492
289 76 365
284 65 349
738 5 743
62,531 197 62,728
Table 2: Top Ten Exemptions Claimed in Township of Langley Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Phased development Separation or divorce Vacant new inventory Bankruptcy Rental restrictions Other exemptions Total
55,141 8,453 764 587 468 378 97 87 67 64 213 66,319
Table 3: Residential Properties in Township of Langley - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
37,044 29 37,073
nr nr 316
386 57 443
nr nr 194
247 28 275
nr nr 1,068
39,208 161 39,369
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Township of Langley
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$85,000
$37,000
$359,000
$199,000
$35,000
$715,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
City of Langley Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in City of Langley
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
12,657 13 12,670
nr nr 103
27 9 36
62 16 78
nr nr 134
12,978 43 13,021
Table 2: Top Ten Exemptions Claimed in City of Langley Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Separation or divorce Death of an owner Phased development Apartment buildings Other exemptions Total
10,577 3,090 142 76 27 22 21 19 11 8 42 14,035
Table 3: Residential Properties in City of Langley - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
8,727 10 8,737
nr nr 55
20 6 26
37 10 47
50 6 56
nr nr 350
9,236 35 9,271
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in City of Langley
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$13,000
nr
$18,000
$29,000
nr
$67,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Lantzville Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Lantzville
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr nr 2,308
nr nr 32
nr nr 7
nr nr 19
nr nr 27
2,383 10 2,393
Table 2: Top Ten Exemptions Claimed in Lantzville Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Construction or renovation Separation or divorce Death of an owner Temporary extended absence Residential care facility Additional residence – spouses Other exemptions Total
2,052 240 168 24 19 5 4 4 3 2 7 2,528
Table 3: Residential Properties in Lantzville - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 1,402
nr nr 19
nr nr nr
nr nr nr
11 5 16
nr nr 49
1,484 10 1,494
Table 4: Residential Properties in the Nanaimo Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
39 nr 14 nr 55
nr nr 16 nr 35
55 10 nr nr 71
26 nr nr nr 32
23 nr nr nr nr
nr nr nr nr nr
160 21 42 6 229
Table 5: 2018 Calendar Year Revenue by Owner Type in Lantzville
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
nr
nr
nr
$16,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Maple Ridge Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Maple Ridge
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
43,709 44 43,753
nr nr 302
143 33 176
220 60 280
nr nr 430
44,793 148 44,941
Table 2: Top Ten Exemptions Claimed in Maple Ridge Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Construction or renovation Phased development Vacant new inventory Separation or divorce Uninhabitable property Death of an owner Other exemptions Total
39,428 6,379 606 440 417 183 106 96 80 38 109 47,882
Table 3: Residential Properties in Maple Ridge - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
27,345 32 27,377
nr nr 143
nr nr 127
145 37 182
178 20 198
nr nr 744
28,649 122 28,771
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Maple Ridge
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$71,000
nr
$158,000
$162,000
nr
$429,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Metchosin Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Metchosin
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
2,597 7 2,604
27 10 37
nr nr 12
nr nr 23
nr nr 14
2,668 22 2,690
Table 2: Top Ten Exemptions Claimed in Metchosin Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Uninhabitable property Death of an owner Bankruptcy Child daycare Residential care facility Other exemptions Total
2,417 236 68 19 17 5 4 2 2 1 2 2,773
Table 3: Residential Properties in Metchosin - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 1,532
11 5 16
nr nr 6
nr nr 12
nr nr 15
nr nr 16
1,585 12 1,597
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Metchosin
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$16,000
$23,000
$14,000
nr
nr
$57,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Mission Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Mission
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
18,789 24 18,813
nr nr 121
27 7 34
70 18 88
nr nr 211
19,217 50 19,267
Table 2: Top Ten Exemptions Claimed in Mission Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Separation or divorce Uninhabitable property Vacant new inventory Death of an owner Rental restrictions Other exemptions Total
16,682 2,917 466 205 147 39 32 29 14 9 34 20,574
Table 3: Residential Properties in Mission - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
11,519 18 11,537
nr nr 52
21 6 27
29 10 39
76 7 83
nr nr 262
11,958 42 12,000
Table 4: Residential Properties in the Fraser Valley Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
71 13 nr nr 92
5 nr nr nr 8
24 15 nr nr 44
41 11 nr nr 63
44 8 10 5 67
6 nr nr 16 24
191 49 26 32 298
Table 5: 2018 Calendar Year Revenue by Owner Type in Mission
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$46,000
nr
$37,000
$46,000
nr
$135,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Nanaimo Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Nanaimo
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
42,908 70 42,978
nr nr 1,051
476 94 570
285 52 337
nr nr 566
45,233 269 45,502
Table 2: Top Ten Exemptions Claimed in Nanaimo Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Construction or renovation Vacant new inventory Rental restrictions Separation or divorce Death of an owner Uninhabitable property Other exemptions Total
38,203 10,146 849 475 355 133 132 88 47 37 174 50,639
Table 3: Residential Properties in Nanaimo - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
29,681 52 29,733
605 35 640
382 69 451
169 32 201
330 26 356
828 5 833
31,995 219 32,214
Table 4: Residential Properties in the Nanaimo Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
39 nr 14 nr 55
nr nr 16 nr 35
55 10 nr nr 71
26 nr nr nr 32
23 nr nr nr nr
nr nr nr nr nr
160 21 42 6 229
Table 5: 2018 Calendar Year Revenue by Owner Type in Nanaimo
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$55,000
$111,000
$278,000
$93,000
$67,000
$605,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
New Westminster Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in New Westminster
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
31,606 40 31,646
nr nr 519
417 61 478
315 38 353
nr nr 402
33,241 157 33,398
Table 2: Top Ten Exemptions Claimed in New Westminster Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Separation or divorce Death of an owner Vacant new inventory Apartment buildings Other exemptions Total
27,045 7,831 355 218 106 99 46 44 40 27 135 35,946
Table 3: Residential Properties in New Westminster - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
21,759 35 21,794
nr nr 280
172 38 210
nr nr 194
232 20 252
nr nr 436
23,036 130 23,166
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in New Westminster
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$44,000
$28,000
$142,000
$83,000
$17,000
$313,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
North Saanich Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in North Saanich
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
7,254 29 7,283
134 44 178
56 22 78
nr nr 87
nr nr 59
7,573 112 7,685
Table 2: Top Ten Exemptions Claimed in North Saanich Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Vacant new inventory Death of an owner Uninhabitable property Separation or divorce Additional residence – spouses Other exemptions Total
6,841 611 149 82 73 61 19 13 10 9 18 7,886
Table 3: Residential Properties in North Saanich - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
4,254 17 4,271
75 26 101
nr nr 44
96 9 105
nr nr 50
nr nr 61
4,557 75 4,632
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in North Saanich
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$95,000
$259,000
$146,000
$105,000
$12,000
$618,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
District of North Vancouver Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in District of North Vancouver
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
41,316 34 41,350
nr nr 392
302 59 361
382 37 419
nr nr 294
42,673 143 42,816
Table 2: Top Ten Exemptions Claimed in District of North Vancouver Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Separation or divorce Vacant new inventory Rental restrictions Death of an owner Uninhabitable property Other exemptions Total
37,953 5,506 411 407 153 68 61 55 54 23 103 44,794
Table 3: Residential Properties in District of North Vancouver - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
25,991 23 26,014
nr nr 220
nr nr 246
225 18 243
213 20 233
nr nr 351
27,197 110 27,307
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in District of North Vancouver
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$136,000
$33,000
$384,000
$216,000
$55,000
$825,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
City of North Vancouver Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in City of North Vancouver
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
22,816 52 22,868
nr nr 361
255 54 309
298 33 331
nr nr 392
24,111 150 24,261
Table 2: Top Ten Exemptions Claimed in City of North Vancouver Exemption
Count
Principal residence Occupied by a tenant Vacant new inventory Recently acquired or inherited Construction or renovation Rental restrictions Separation or divorce Property with no residence Apartment buildings Uninhabitable property Other exemptions Total
18,832 6,390 246 228 187 125 39 37 31 30 102 26,247
Table 3: Residential Properties in City of North Vancouver - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
16,059 35 16,094
nr nr 189
nr nr 201
190 21 211
177 9 186
nr nr 818
17,588 111 17,699
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in City of North Vancouver
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$57,000
nr
$229,000
$99,000
nr
$425,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Oak Bay Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Oak Bay
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
9,374 23 9,397
nr nr 222
92 31 123
115 15 130
nr nr 92
9,879 85 9,964
Table 2: Top Ten Exemptions Claimed in Oak Bay Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Death of an owner Separation or divorce Residential care facility Temporary extended absence Other exemptions Total
8,607 1,153 120 112 105 27 23 22 14 9 32 10,224
Table 3: Residential Properties in Oak Bay - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
5,834 18 5,852
111 8 119
66 16 82
nr nr 62
nr nr 97
nr nr 84
6,241 55 6,296
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Oak Bay
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$100,000
$98,000
$216,000
nr
nr
$477,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Pitt Meadows Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Pitt Meadows
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
9,463 10 9,473
nr nr 45
16 5 21
34 8 42
nr nr 75
9,632 24 9,656
Table 2: Top Ten Exemptions Claimed in Pitt Meadows Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Separation or divorce Rental restrictions Uninhabitable property Person with disabilities Shared accommodations Other exemptions Total
8,639 1,366 80 63 22 19 6 6 5 5 20 10,231
Table 3: Residential Properties in Pitt Meadows - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
6,051 7 6,058
nr nr 20
14 5 19
nr nr 22
nr nr 21
nr nr 121
6,242 19 6,261
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Pitt Meadows
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
$32,000
$15,000
nr
$55,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Port Coquitlam Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Port Coquitlam
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
29,625 15 29,640
nr nr 234
136 24 160
178 32 210
nr nr 181
30,350 75 30,425
Table 2: Top Ten Exemptions Claimed in Port Coquitlam Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Separation or divorce Rental restrictions Death of an owner Uninhabitable property Person with disabilities Other exemptions Total
26,611 4,573 259 105 65 44 28 19 16 11 55 31,786
Table 3: Residential Properties in Port Coquitlam - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
18,725 13 18,738
nr nr 109
91 16 107
114 20 134
136 13 149
nr nr 220
19,393 64 19,457
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Port Coquitlam
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$12,000
nr
$69,000
$95,000
nr
$183,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Port Moody Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Port Moody
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
17,077 12 17,089
nr nr 224
124 32 156
171 29 200
nr nr 128
17,716 81 17,797
Table 2: Top Ten Exemptions Claimed in Port Moody Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Heritage conservation work Separation or divorce Rental restrictions Phased development Death of an owner Other exemptions Total
14,938 3,098 150 110 57 53 42 32 19 12 50 18,561
Table 3: Residential Properties in Port Moody - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
10,936 8 10,944
nr nr 137
79 17 96
162 20 182
89 13 102
nr nr 178
11,576 63 11,639
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Port Moody
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$15,000
$22,000
$137,000
$106,000
$20,000
$301,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Richmond Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Richmond
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
89,466 285 89,751
1,402 86 1,488
2,956 991 3,947
2,136 508 2,644
887 13 900
96,847 1,883 98,730
Table 2: Top Ten Exemptions Claimed in Richmond Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Rental restrictions Vacant new inventory Separation or divorce Death of an owner Uninhabitable property Other exemptions Total
80,386 23,641 1,408 845 538 474 235 157 122 79 354 108,239
Table 3: Residential Properties in Richmond - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
63,538 220 63,758
911 54 965
2,353 710 3,063
1,574 379 1,953
1,072 195 1,267
1,521 21 1,542
70,969 1,579 72,548
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Richmond
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$708,000
$321,000
$4,523,000
$2,679,000
$165,000
$8,397,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Saanich Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Saanich
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr nr 54,825
1,088 59 1,147
670 100 770
345 58 403
nr nr 447
57,322 270 57,592
Table 2: Top Ten Exemptions Claimed in Saanich Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Rental restrictions Death of an owner Separation or divorce Residential care facility Vacant new inventory Other exemptions Total
49,484 11,074 511 284 279 118 117 102 38 38 133 62,178
Table 3: Residential Properties in Saanich - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
35,436 40 35,476
589 29 618
469 76 545
nr nr 215
nr nr 444
nr nr 488
37,575 211 37,786
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Saanich
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$111,000
$177,000
$372,000
$212,000
$28,000
$899,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Sidney Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Sidney
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
7,498 23 7,521
282 35 317
nr nr 50
43 16 59
nr nr 90
7,954 83 8,037
Table 2: Top Ten Exemptions Claimed in Sidney Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Rental restrictions Construction or renovation Property with no residence Vacant new inventory Death of an owner Separation or divorce Additional residence – spouses Other exemptions Total
6,508 1,613 108 102 80 30 20 16 12 11 47 8,547
Table 3: Residential Properties in Sidney - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
4,919 15 4,934
142 17 159
nr nr 27
23 7 30
72 8 80
nr nr 255
5,434 51 5,485
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Sidney
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$21,000
$87,000
nr
$31,000
nr
$160,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Sooke Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Sooke
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
7,227 17 7,244
248 19 267
36 16 52
39 11 50
121 5 126
7,671 68 7,739
Table 2: Top Ten Exemptions Claimed in Sooke Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Vacant new inventory Phased development Strata accommodation Separation or divorce Rental restrictions Other exemptions Total
6,310 1,400 321 97 96 94 65 39 19 18 46 8,505
Table 3: Residential Properties in Sooke - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
4,642 14 4,656
116 13 129
19 8 27
nr nr 22
nr nr 77
nr nr 196
5,057 50 5,107
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Sooke
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$18,000
$55,000
$27,000
$19,000
$10,000
$130,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Surrey Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Surrey
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
212,237 207 212,444
2,071 57 2,128
1,559 356 1,915
1,876 363 2,239
1,907 22 1,929
219,650 1,005 220,655
Table 2: Top Ten Exemptions Claimed in Surrey Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Vacant new inventory Phased development Rental restrictions Separation or divorce Death of an owner Other exemptions Total
194,222 40,630 2,512 2,302 2,301 510 402 312 312 217 657 244,377
Table 3: Residential Properties in Surrey - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
136,003 156 136,159
1,084 26 1,110
1,274 247 1,521
1,120 235 1,355
1,292 139 1,431
2,910 12 2,922
143,683 815 144,498
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Surrey
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$428,000
$201,000
$1,845,000
$1,569,000
$74,000
$4,117,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Vancouver Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Vancouver
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
218,335 435 218,770
5,538 181 5,719
5,516 983 6,499
5,605 717 6,322
4,646 57 4,703
239,640 2,373 242,013
Table 2: Top Ten Exemptions Claimed in Vancouver Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Strata accommodation Death of an owner Separation or divorce Property with no residence Apartment buildings Other exemptions Total
184,568 89,985 2,807 2,504 1,123 615 357 350 304 241 1,038 283,892
Table 3: Residential Properties in Vancouver - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
164,489 310 164,799
3,434 99 3,533
4,408 653 5,061
4,252 535 4,787
2,938 258 3,196
8,230 49 8,279
187,751 1,904 189,655
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Vancouver
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
$1,867,000
$1,041,000
$7,889,000
$7,849,000
$640,000
1
Total $19,286,000
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Victoria Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Victoria
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
32,003 184 32,187
1,837 203 2,040
477 101 578
493 52 545
761 15 776
35,571 555 36,126
Table 2: Top Ten Exemptions Claimed in Victoria Exemption
Count
Principal residence Occupied by a tenant Rental restrictions Recently acquired or inherited Construction or renovation Vacant new inventory Property with no residence Apartment buildings Strata accommodation Death of an owner Other exemptions Total
25,107 12,447 498 455 180 166 80 72 71 61 234 39,371
Table 3: Residential Properties in Victoria - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
22,838 128 22,966
1,164 115 1,279
497 64 561
298 32 330
409 25 434
899 22 921
26,105 386 26,491
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Victoria
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$166,000
$456,000
$250,000
$116,000
$61,000
$1,048,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
View Royal Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in View Royal
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
5,341 6 5,347
nr nr 98
29 8 37
nr nr 34
nr nr 41
5,542 15 5,557
Table 2: Top Ten Exemptions Claimed in View Royal Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Separation or divorce Rental restrictions Uninhabitable property Person with disabilities Phased development Other exemptions Total
4,819 792 70 50 41 10 8 5 4 3 16 5,818
Table 3: Residential Properties in View Royal - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 3,360
nr nr 48
nr nr 14
nr nr 17
nr nr 42
nr nr 72
3,543 10 3,553
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in View Royal
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
$10,000
nr
nr
$14,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
West Kelowna Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in West Kelowna
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
18,820 80 18,900
904 134 1,038
49 13 62
126 30 156
243 5 248
20,142 262 20,404
Table 2: Top Ten Exemptions Claimed in West Kelowna Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Strata accommodation Construction or renovation Vacant new inventory Rental restrictions Separation or divorce Death of an owner Other exemptions Total
17,158 2,925 421 241 210 177 102 90 32 18 73 21,447
Table 3: Residential Properties in West Kelowna - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
11,500 60 11,560
528 73 601
27 6 33
107 15 122
156 18 174
303 5 308
12,621 177 12,798
Table 4: Residential Properties in the Central Okanagan Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
82 20 40 6 148
120 nr 98 nr 263
26 nr 17 nr 47
31 nr 11 nr 49
46 nr 27 nr 83
9 nr 10 nr 22
314 85 203 10 612
Table 5: 2018 Calendar Year Revenue by Owner Type in West Kelowna
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$213,000
$636,000
$33,000
$108,000
$50,000
$1,040,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
West Vancouver Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in West Vancouver
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
19,290 49 19,339
296 13 309
514 186 700
492 150 642
265 17 282
20,857 415 21,272
Table 2: Top Ten Exemptions Claimed in West Vancouver Exemption
Count
Principal residence Occupied by a tenant Construction or renovation Recently acquired or inherited Rental restrictions Property with no residence Phased development Uninhabitable property Separation or divorce Death of an owner Other exemptions Total
17,381 3,624 542 260 244 214 54 53 44 40 125 22,581
Table 3: Residential Properties in West Vancouver - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
13,518 38 13,556
174 6 180
458 124 582
348 116 464
195 38 233
322 15 337
15,015 337 15,352
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in West Vancouver
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$608,000
$122,000
$3,071,000
$2,575,000
$306,000
$6,682,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
White Rock Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in White Rock
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
11,361 30 11,391
nr nr 256
98 12 110
116 18 134
nr nr 181
12,002 70 12,072
Table 2: Top Ten Exemptions Claimed in White Rock Exemption
Count
Principal residence Occupied by a tenant Construction or renovation Rental restrictions Recently acquired or inherited Property with no residence Strata accommodation Vacant new inventory Death of an owner Separation or divorce Other exemptions Total
9,364 2,690 186 133 82 58 55 34 24 22 52 12,700
Table 3: Residential Properties in White Rock - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
7,791 18 7,809
nr nr 147
60 9 69
67 12 79
96 6 102
nr nr 185
8,341 50 8,391
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in White Rock
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$71,000
nr
$81,000
$84,000
nr
$258,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
SVT Key Facts More than 99.8 per cent of British Columbians are exempt
Exempt
Non-Exempt
2
SVT Key Facts The majority of tax payers are foreign owners and satellite families 221
British Columbians
2362
Other Canadians 1519 7681
Foreign Owners and Satellite Families Other
3
Moderation in the Housing Market • The SVT is contributing to the ongoing moderation in BC’s housing market.
– The SVT, along with other provincial and federal measures, is reducing speculative behaviour in the housing market. – MLS home sales in the province are below historical norms and the average home sale price has declined by 5.6 per cent year-to-date to July 2019. – Going forward we expect homes to be valued based on their value as a home for BC residents, and not as a speculative investment. 4
Moderation in the Housing Market • The SVT appears not to have had an adverse effect on housing supply that is intended for BC residents. – Housing starts remain relatively high compared to historical averages. – Over 15 thousand exemptions were claimed for properties that are under construction or in the development process.
• Vacancy rates improved slightly in 2018. Next set of CMHC vacancy rate data will be available in October. 5
SVT Revenue for Fiscal Year 2018/19 • Revenue from the tax was $115 million for the 2018-19 fiscal year, higher than estimated as a result of: –
–
Public s 2018-19 required that the 15 months of revenue from Jan. 1, 2018, to March 31, 2019, be reported during the 12 month fiscal year. Higher than expected property values of homes captured by the SVT.
• Declarations are reported on a calendar year basis. Based on declarations received to date the 2018 calendar year revenue is $58M. 6
Tax Assessed on Declarations by Region for Calendar Year 2018 Regional District
Tax Assessed*
Capital
$3,743,000
Central Okanagan
$2,964,000
Fraser Valley
$661,000
Metro Vancouver
$50,084,000
Nanaimo
$621,000
Total
$58,073,000
* Based on declarations received as of August 28, 2019 7
Average property value – SVT Taxpayers $1,800,000 $1,600,000
$1,621,943 $1,490,435 $1,359,818
$1,400,000 $1,141,723
$1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $-
Foreign Owners
Satellite Families
Other Canadians
British Columbians
8
Average Amount of Tax Paid – SVT Taxpayers $7,000 $6,333 $6,000
$5,530
$5,000 $4,000
$3,540
$3,000
$2,557
$2,000 $1,000 $-
Foreign Owners
Satellite Families
Other Canadians
British Columbians
9
Distribution of BC Resident Taxpayers Municipality
Municipal residents who pay BC residents who pay the the SVT somewhere in the SVT in the municipality SVT area
Abbotsford
38
36
Anmore
nr
nr
Belcarra
nr
11
Burnaby
93
167
Central Saanich
10
7
Chilliwack
17
63
Colwood
6
13
Coquitlam
45
54
Delta
38
41
6
8
Esquimalt
* The remaining municipalities are provided in Appendix 1 in the Mayor’s binders. * Data has been suppressed (i.e. nr) where necessary to prevent disclosure of taxpayer information.
Table 1: Owners Who Own Residential Properties BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
Exempt
1,363,682
25,239
18,988
16,925
17,610
1,442,444
Non exempt
2,362
1,519
4,621
3,060
221
11,783
Total
1,366,044
26,758
23,609
19,985
17,831
1,454,227
11
Table 2: Top Ten Exemptions Claimed Exemption Principal residence Occupied by a tenant
Count 1,286,066 351,241
Recently acquired or inherited
18,026
Construction or renovation
15,106
Property with no residence
11,572
Rental restrictions
5,432
Vacant new inventory
3,015
Separation or divorce
2,467
Death of an owner
1,944
Phased development Other exemptions
1,876
Total
7,189 1,703,934
12
Table 3: Residential Properties – Declared Properties BC Other Resident Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
Exempt
975,232
15,088
15,389
12,447
12,329
28,770
1,059,255
Non exempt
1,746
830
3,260
2,074
1,262
214
9,386
Total Declared
976,978
15,918
18,649
14,521
13,591
28,984
1,068,641
13
Table 4: Residential Properties That Pay the SVT BC Other Resident Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
Detached Home
646
258
1026
985
618
79
3,612
Townhouse
183
90
396
272
183
11
1,135
Condomini um
847
463
1,788
788
425
100
4,411
Other Residential
70
19
50
29
36
24
228
Total
1,746
830
3,260
2,074
1,262
214
9,386
14
Table 5: 2018 Calendar Year Revenue by Owner Type ($millions)
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$6.0
$5.3
$25.5
$19.4
$1.8
$58
15
Summary • To date, the data indicates that the SVT is meeting its policy goals. • Very few British Columbians pay the tax. • The tax helps ensure homes are available to British Columbians to live in. • The speculation and vacancy tax will be assessed through the legislated annual consultations with municipalities and the 5year review. 16
Appendix 1 Municipality Abbotsford Anmore Belcarra Burnaby Central Saanich Chilliwack Colwood Coquitlam Delta Esquimalt Highlands Kelowna Langford Township of Langley City of Langley Lantzville Maple Ridge Metchosin Mission Nanaimo New Westminster North Saanich District of North Vancouver City of North Vancouver Oak Bay Pitt Meadows Port Coquitlam Port Moody Richmond Saanich Sidney Sooke Surrey UBC Vancouver Victoria View Royal West Kelowna West Vancouver White Rock
Municipal residents who pay the SVT somewhere in the SVT area 38 nr nr 93 10 17 6 45 38 6 nr 44 10 39 5 nr 18 nr 11 27 23 16 38 18 11 nr 10 22 153 60 14 nr 148 9 357 47 9 28 58 10
BC residents who pay the SVT in the municipality 36 nr 11 167 7 63 13 54 41 8 nr 142 27 39 13 nr 44 7 24 70 40 29 34 52 23 10 15 12 285 nr 23 17 207 28 435 184 6 80 49 30
Municipal residents are BC residents that have claimed a principal residence exemption in the municipality. Data has been suppressed (i.e. nr) where necessary to prevent disclosure of taxpayer information
Abbotsford Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Abbotsford
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
60,699 36 60,735
564 20 584
226 43 269
370 62 432
879 7 886
62,738 168 62,906
Table 2: Top Ten Exemptions Claimed in Abbotsford Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Construction or renovation Vacant new inventory Rental restrictions Phased development Death of an owner Separation or divorce Other exemptions Total
54,974 13,121 709 697 647 197 140 103 81 69 166 70,904
Table 3: Residential Properties in Abbotsford - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
38,917 29 38,946
nr nr 286
237 29 266
nr nr 172
349 42 391
nr nr 1,643
41,560 144 41,704
Table 4: Residential Properties in the Fraser Valley Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
71 13 nr nr 92
5 nr nr nr 8
24 15 nr nr 44
41 11 nr nr 63
44 8 10 5 67
6 nr nr 16 24
191 49 26 32 298
Table 5: 2018 Calendar Year Revenue by Owner Type in Abbotsford
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$30,000
$22,000
$129,000
$105,000
$22,000
$308,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Anmore Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Anmore
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr nr 1,144
nr nr 19
nr nr 28
nr nr 13
nr nr 23
1,218 9 1,227
Table 2: Top Ten Exemptions Claimed in Anmore Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Separation or divorce Vacant new inventory Uninhabitable property Bankruptcy Rental restrictions Other exemptions Total
1,033 133 54 47 12 6 6 4 1 1 1 1,298
Table 3: Residential Properties in Anmore - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 668
nr nr 22
nr nr 20
nr nr 7
nr nr 13
nr nr 30
752 8 760
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Anmore
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
$60,000
$35,000
nr
$112,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Belcarra Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Belcarra
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
488 11 499
5 nr nr
nr nr 9
nr nr nr
nr nr 5
503 19 522
Table 2: Top Ten Exemptions Claimed in Belcarra Exemption
Count
Principal residence Property with no residence Occupied by a tenant Construction or renovation Uninhabitable property Death of an owner Recently acquired or inherited Separation or divorce Rental restrictions Other exemptions Total
406 48 39 21 11 3 3 2 1 0 534
Table 3: Residential Properties in Belcarra - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
291 6 297
nr nr nr
nr nr 7
nr nr nr
nr nr nr
nr nr nr
300 11 311
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Belcarra
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$19,000
nr
$38,000
nr
nr
$64,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Burnaby Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Burnaby
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
96,711 167 96,878
1,536 48 1,584
2,535 651 3,186
1,656 180 1,836
901 14 915
103,339 1,060 104,399
Table 2: Top Ten Exemptions Claimed in Burnaby Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Death of an owner Separation or divorce Vacant new inventory Uninhabitable property Other exemptions Total
83,473 25,968 1,654 807 630 186 157 127 110 65 340 113,517
Table 3: Residential Properties in Burnaby - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
66,172 133 66,305
871 28 899
1,872 491 2,363
1,176 117 1,293
1,040 97 1,137
1,086 10 1,096
72,217 876 73,093
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Burnaby
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$286,000
$152,000
$2,323,000
$703,000
$73,000
$3,537,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Central Saanich Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Central Saanich
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
9,300 7 9,307
101 8 109
nr nr 27
39 8 47
nr nr 59
9,523 26 9,549
Table 2: Top Ten Exemptions Claimed in Central Saanich Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Rental restrictions Construction or renovation Vacant new inventory Separation or divorce Death of an owner Person with disabilities Other exemptions Total
8,711 918 68 50 27 26 17 13 12 7 22 9,871
Table 3: Residential Properties in Central Saanich - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
5,601 5 5,606
nr nr 52
nr nr 17
nr nr 22
37 5 42
nr nr 63
5,783 19 5,802
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Central Saanich
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$16,000
$28,000
nr
$20,000
nr
$73,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Chilliwack Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Chilliwack
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
42,379 63 42,442
452 9 461
145 16 161
185 48 233
649 12 661
43,810 148 43,958
Table 2: Top Ten Exemptions Claimed in Chilliwack Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Vacant new inventory Phased development Rental restrictions Separation or divorce Death of an owner Other exemptions Total
37,020 9,732 565 551 548 90 77 77 53 45 149 48,907
Table 3: Residential Properties in Chilliwack - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
27,838 45 27,883
nr nr 191
nr nr 124
nr nr 125
262 18 280
nr nr 1,123
29,614 112 29,726
Table 4: Residential Properties in the Fraser Valley Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
71 13 nr nr 92
5 nr nr nr 8
24 15 nr nr 44
41 11 nr nr 63
44 8 10 5 67
6 nr nr 16 24
191 49 26 32 298
Table 5: 2018 Calendar Year Revenue by Owner Type in Chilliwack
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$48,000
$12,000
$38,000
$92,000
$28,000
$218,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Colwood Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Colwood
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
8,897 13 8,910
143 6 149
nr nr 46
37 12 49
nr nr 75
9,193 36 9,229
Table 2: Top Ten Exemptions Claimed in Colwood Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Apartment buildings Vacant new inventory Separation or divorce Phased development Death of an owner Other exemptions Total
8,016 1,277 144 137 103 63 20 18 16 13 26 9,833
Table 3: Residential Properties in Colwood - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
5,490 9 5,499
nr nr 65
nr nr 34
17 7 24
nr nr 57
nr nr 203
5,858 24 5,882
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Colwood
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
nr
$26,000
nr
$52,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Coquitlam Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Coquitlam
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
63,369 54 63,423
nr nr 848
1,145 314 1,459
813 121 934
nr nr 523
66,664 523 67,187
Table 2: Top Ten Exemptions Claimed in Coquitlam Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Rental restrictions Separation or divorce Vacant new inventory Death of an owner Uninhabitable property Other exemptions Total
56,121 13,508 851 793 317 144 140 73 61 52 170 72,230
Table 3: Residential Properties in Coquitlam - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
41,782 46 41,828
nr nr 479
886 254 1,140
564 84 648
nr nr 480
nr nr 758
44,881 452 45,333
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Coquitlam
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$77,000
nr
$1,242,000
$470,000
nr
$1,863,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Delta Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Delta
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
49,208 41 49,249
nr nr 344
191 49 240
311 80 391
nr nr 338
50,378 184 50,562
Table 2: Top Ten Exemptions Claimed in Delta Exemption
Count
Principal residence Occupied by a tenant Construction or renovation Recently acquired or inherited Property with no residence Separation or divorce Rental restrictions Death of an owner Vacant new inventory Phased development Other exemptions Total
44,956 7,669 457 357 138 85 75 65 45 39 137 54,023
Table 3: Residential Properties in Delta - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
30,234 34 30,268
nr nr 163
nr nr 168
182 40 222
213 31 244
nr nr 452
31,371 146 31,517
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Delta
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$90,000
nr
$184,000
$242,000
nr
$556,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Esquimalt Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Esquimalt
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
6,856 8 6,864
208 11 219
nr nr 23
40 9 49
nr nr 102
7,223 34 7,257
Table 2: Top Ten Exemptions Claimed in Esquimalt Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Separation or divorce Apartment buildings Death of an owner Child daycare Other exemptions Total
5,890 1,471 69 66 31 14 11 6 6 5 19 7,588
Table 3: Residential Properties in Esquimalt - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
4,482 5 4,487
101 5 106
nr nr 11
nr nr 26
65 7 72
nr nr 126
4,807 21 4,828
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Esquimalt
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
$16,000
nr
$17,000
nr
$45,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Highlands Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Highlands
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr nr 1,367
nr nr 21
nr nr 5
14 9 23
nr nr 22
1,427 11 1,438
Table 2: Top Ten Exemptions Claimed in Highlands Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Uninhabitable property Vacant new inventory Separation or divorce Child daycare Death of an owner Other exemptions Total
1,274 96 74 21 17 4 4 3 2 2 1 1,498
Table 3: Residential Properties in Highlands - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 788
nr nr nr
nr nr nr
7 5 12
nr nr 11
nr nr 37
851 6 857
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Highlands
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
nr
$23,000
nr
$26,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Kelowna Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Kelowna
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
62,644 142 62,786
3,389 346 3,735
322 70 392
505 68 573
1,075 17 1,092
67,935 643 68,578
Table 2: Top Ten Exemptions Claimed in Kelowna Exemption
Count
Principal residence Occupied by a tenant Construction or renovation Recently acquired or inherited Property with no residence Strata accommodation Rental restrictions Vacant new inventory Separation or divorce Death of an owner Other exemptions Total
55,342 17,630 980 929 909 419 333 172 125 112 377 77,328
Table 3: Residential Properties in Kelowna - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
42,547 88 42,635
1,862 190 2,052
241 41 282
311 34 345
919 65 984
1,404 17 1,421
47,284 435 47,719
Table 4: Residential Properties in the Central Okanagan Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
82 20 40 6 148
120 nr 98 nr 263
26 nr 17 nr 47
31 nr 11 nr 49
46 nr 27 nr 83
9 nr 10 nr 22
314 85 203 10 612
Table 5: 2018 Calendar Year Revenue by Owner Type in Kelowna
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$321,000
$1,154,000
$180,000
$189,000
$80,000
$1,924,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Langford Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Langford
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
18,833 27 18,860
515 40 555
nr nr 122
123 24 147
nr nr 324
19,900 108 20,008
Table 2: Top Ten Exemptions Claimed in Langford Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Vacant new inventory Strata accommodation Separation or divorce Phased development Uninhabitable property Other exemptions Total
16,166 4,106 355 304 281 116 92 46 25 20 69 21,580
Table 3: Residential Properties in Langford - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
11,952 17 11,969
245 21 266
nr nr 73
nr nr 72
nr nr 175
nr nr 514
12,997 72 13,069
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Langford
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
$56,000
$35,000
$42,000
nr
$146,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Township of Langley Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Township of Langley
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
60,740 39 60,779
480 12 492
289 76 365
284 65 349
738 5 743
62,531 197 62,728
Table 2: Top Ten Exemptions Claimed in Township of Langley Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Phased development Separation or divorce Vacant new inventory Bankruptcy Rental restrictions Other exemptions Total
55,141 8,453 764 587 468 378 97 87 67 64 213 66,319
Table 3: Residential Properties in Township of Langley - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
37,044 29 37,073
nr nr 316
386 57 443
nr nr 194
247 28 275
nr nr 1,068
39,208 161 39,369
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Township of Langley
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$85,000
$37,000
$359,000
$199,000
$35,000
$715,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
City of Langley Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in City of Langley
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
12,657 13 12,670
nr nr 103
27 9 36
62 16 78
nr nr 134
12,978 43 13,021
Table 2: Top Ten Exemptions Claimed in City of Langley Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Separation or divorce Death of an owner Phased development Apartment buildings Other exemptions Total
10,577 3,090 142 76 27 22 21 19 11 8 42 14,035
Table 3: Residential Properties in City of Langley - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
8,727 10 8,737
nr nr 55
20 6 26
37 10 47
50 6 56
nr nr 350
9,236 35 9,271
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in City of Langley
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$13,000
nr
$18,000
$29,000
nr
$67,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Lantzville Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Lantzville
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr nr 2,308
nr nr 32
nr nr 7
nr nr 19
nr nr 27
2,383 10 2,393
Table 2: Top Ten Exemptions Claimed in Lantzville Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Construction or renovation Separation or divorce Death of an owner Temporary extended absence Residential care facility Additional residence – spouses Other exemptions Total
2,052 240 168 24 19 5 4 4 3 2 7 2,528
Table 3: Residential Properties in Lantzville - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 1,402
nr nr 19
nr nr nr
nr nr nr
11 5 16
nr nr 49
1,484 10 1,494
Table 4: Residential Properties in the Nanaimo Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
39 nr 14 nr 55
nr nr 16 nr 35
55 10 nr nr 71
26 nr nr nr 32
23 nr nr nr nr
nr nr nr nr nr
160 21 42 6 229
Table 5: 2018 Calendar Year Revenue by Owner Type in Lantzville
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
nr
nr
nr
$16,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Maple Ridge Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Maple Ridge
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
43,709 44 43,753
nr nr 302
143 33 176
220 60 280
nr nr 430
44,793 148 44,941
Table 2: Top Ten Exemptions Claimed in Maple Ridge Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Construction or renovation Phased development Vacant new inventory Separation or divorce Uninhabitable property Death of an owner Other exemptions Total
39,428 6,379 606 440 417 183 106 96 80 38 109 47,882
Table 3: Residential Properties in Maple Ridge - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
27,345 32 27,377
nr nr 143
nr nr 127
145 37 182
178 20 198
nr nr 744
28,649 122 28,771
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Maple Ridge
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$71,000
nr
$158,000
$162,000
nr
$429,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Metchosin Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Metchosin
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
2,597 7 2,604
27 10 37
nr nr 12
nr nr 23
nr nr 14
2,668 22 2,690
Table 2: Top Ten Exemptions Claimed in Metchosin Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Uninhabitable property Death of an owner Bankruptcy Child daycare Residential care facility Other exemptions Total
2,417 236 68 19 17 5 4 2 2 1 2 2,773
Table 3: Residential Properties in Metchosin - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 1,532
11 5 16
nr nr 6
nr nr 12
nr nr 15
nr nr 16
1,585 12 1,597
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Metchosin
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$16,000
$23,000
$14,000
nr
nr
$57,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Mission Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Mission
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
18,789 24 18,813
nr nr 121
27 7 34
70 18 88
nr nr 211
19,217 50 19,267
Table 2: Top Ten Exemptions Claimed in Mission Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Separation or divorce Uninhabitable property Vacant new inventory Death of an owner Rental restrictions Other exemptions Total
16,682 2,917 466 205 147 39 32 29 14 9 34 20,574
Table 3: Residential Properties in Mission - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
11,519 18 11,537
nr nr 52
21 6 27
29 10 39
76 7 83
nr nr 262
11,958 42 12,000
Table 4: Residential Properties in the Fraser Valley Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
71 13 nr nr 92
5 nr nr nr 8
24 15 nr nr 44
41 11 nr nr 63
44 8 10 5 67
6 nr nr 16 24
191 49 26 32 298
Table 5: 2018 Calendar Year Revenue by Owner Type in Mission
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$46,000
nr
$37,000
$46,000
nr
$135,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Nanaimo Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Nanaimo
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
42,908 70 42,978
nr nr 1,051
476 94 570
285 52 337
nr nr 566
45,233 269 45,502
Table 2: Top Ten Exemptions Claimed in Nanaimo Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Construction or renovation Vacant new inventory Rental restrictions Separation or divorce Death of an owner Uninhabitable property Other exemptions Total
38,203 10,146 849 475 355 133 132 88 47 37 174 50,639
Table 3: Residential Properties in Nanaimo - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
29,681 52 29,733
605 35 640
382 69 451
169 32 201
330 26 356
828 5 833
31,995 219 32,214
Table 4: Residential Properties in the Nanaimo Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
39 nr 14 nr 55
nr nr 16 nr 35
55 10 nr nr 71
26 nr nr nr 32
23 nr nr nr nr
nr nr nr nr nr
160 21 42 6 229
Table 5: 2018 Calendar Year Revenue by Owner Type in Nanaimo
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$55,000
$111,000
$278,000
$93,000
$67,000
$605,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
New Westminster Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in New Westminster
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
31,606 40 31,646
nr nr 519
417 61 478
315 38 353
nr nr 402
33,241 157 33,398
Table 2: Top Ten Exemptions Claimed in New Westminster Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Separation or divorce Death of an owner Vacant new inventory Apartment buildings Other exemptions Total
27,045 7,831 355 218 106 99 46 44 40 27 135 35,946
Table 3: Residential Properties in New Westminster - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
21,759 35 21,794
nr nr 280
172 38 210
nr nr 194
232 20 252
nr nr 436
23,036 130 23,166
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in New Westminster
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$44,000
$28,000
$142,000
$83,000
$17,000
$313,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
North Saanich Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in North Saanich
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
7,254 29 7,283
134 44 178
56 22 78
nr nr 87
nr nr 59
7,573 112 7,685
Table 2: Top Ten Exemptions Claimed in North Saanich Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Vacant new inventory Death of an owner Uninhabitable property Separation or divorce Additional residence – spouses Other exemptions Total
6,841 611 149 82 73 61 19 13 10 9 18 7,886
Table 3: Residential Properties in North Saanich - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
4,254 17 4,271
75 26 101
nr nr 44
96 9 105
nr nr 50
nr nr 61
4,557 75 4,632
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in North Saanich
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$95,000
$259,000
$146,000
$105,000
$12,000
$618,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
District of North Vancouver Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in District of North Vancouver
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
41,316 34 41,350
nr nr 392
302 59 361
382 37 419
nr nr 294
42,673 143 42,816
Table 2: Top Ten Exemptions Claimed in District of North Vancouver Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Separation or divorce Vacant new inventory Rental restrictions Death of an owner Uninhabitable property Other exemptions Total
37,953 5,506 411 407 153 68 61 55 54 23 103 44,794
Table 3: Residential Properties in District of North Vancouver - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
25,991 23 26,014
nr nr 220
nr nr 246
225 18 243
213 20 233
nr nr 351
27,197 110 27,307
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in District of North Vancouver
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$136,000
$33,000
$384,000
$216,000
$55,000
$825,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
City of North Vancouver Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in City of North Vancouver
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
22,816 52 22,868
nr nr 361
255 54 309
298 33 331
nr nr 392
24,111 150 24,261
Table 2: Top Ten Exemptions Claimed in City of North Vancouver Exemption
Count
Principal residence Occupied by a tenant Vacant new inventory Recently acquired or inherited Construction or renovation Rental restrictions Separation or divorce Property with no residence Apartment buildings Uninhabitable property Other exemptions Total
18,832 6,390 246 228 187 125 39 37 31 30 102 26,247
Table 3: Residential Properties in City of North Vancouver - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
16,059 35 16,094
nr nr 189
nr nr 201
190 21 211
177 9 186
nr nr 818
17,588 111 17,699
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in City of North Vancouver
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$57,000
nr
$229,000
$99,000
nr
$425,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Oak Bay Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Oak Bay
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
9,374 23 9,397
nr nr 222
92 31 123
115 15 130
nr nr 92
9,879 85 9,964
Table 2: Top Ten Exemptions Claimed in Oak Bay Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Property with no residence Death of an owner Separation or divorce Residential care facility Temporary extended absence Other exemptions Total
8,607 1,153 120 112 105 27 23 22 14 9 32 10,224
Table 3: Residential Properties in Oak Bay - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
5,834 18 5,852
111 8 119
66 16 82
nr nr 62
nr nr 97
nr nr 84
6,241 55 6,296
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Oak Bay
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$100,000
$98,000
$216,000
nr
nr
$477,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Pitt Meadows Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Pitt Meadows
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
9,463 10 9,473
nr nr 45
16 5 21
34 8 42
nr nr 75
9,632 24 9,656
Table 2: Top Ten Exemptions Claimed in Pitt Meadows Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Separation or divorce Rental restrictions Uninhabitable property Person with disabilities Shared accommodations Other exemptions Total
8,639 1,366 80 63 22 19 6 6 5 5 20 10,231
Table 3: Residential Properties in Pitt Meadows - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
6,051 7 6,058
nr nr 20
14 5 19
nr nr 22
nr nr 21
nr nr 121
6,242 19 6,261
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Pitt Meadows
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
$32,000
$15,000
nr
$55,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Port Coquitlam Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Port Coquitlam
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
29,625 15 29,640
nr nr 234
136 24 160
178 32 210
nr nr 181
30,350 75 30,425
Table 2: Top Ten Exemptions Claimed in Port Coquitlam Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Separation or divorce Rental restrictions Death of an owner Uninhabitable property Person with disabilities Other exemptions Total
26,611 4,573 259 105 65 44 28 19 16 11 55 31,786
Table 3: Residential Properties in Port Coquitlam - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
18,725 13 18,738
nr nr 109
91 16 107
114 20 134
136 13 149
nr nr 220
19,393 64 19,457
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Port Coquitlam
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$12,000
nr
$69,000
$95,000
nr
$183,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Port Moody Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Port Moody
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
17,077 12 17,089
nr nr 224
124 32 156
171 29 200
nr nr 128
17,716 81 17,797
Table 2: Top Ten Exemptions Claimed in Port Moody Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Heritage conservation work Separation or divorce Rental restrictions Phased development Death of an owner Other exemptions Total
14,938 3,098 150 110 57 53 42 32 19 12 50 18,561
Table 3: Residential Properties in Port Moody - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
10,936 8 10,944
nr nr 137
79 17 96
162 20 182
89 13 102
nr nr 178
11,576 63 11,639
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Port Moody
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$15,000
$22,000
$137,000
$106,000
$20,000
$301,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Richmond Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Richmond
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
89,466 285 89,751
1,402 86 1,488
2,956 991 3,947
2,136 508 2,644
887 13 900
96,847 1,883 98,730
Table 2: Top Ten Exemptions Claimed in Richmond Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Rental restrictions Vacant new inventory Separation or divorce Death of an owner Uninhabitable property Other exemptions Total
80,386 23,641 1,408 845 538 474 235 157 122 79 354 108,239
Table 3: Residential Properties in Richmond - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
63,538 220 63,758
911 54 965
2,353 710 3,063
1,574 379 1,953
1,072 195 1,267
1,521 21 1,542
70,969 1,579 72,548
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Richmond
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$708,000
$321,000
$4,523,000
$2,679,000
$165,000
$8,397,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Saanich Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Saanich
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr nr 54,825
1,088 59 1,147
670 100 770
345 58 403
nr nr 447
57,322 270 57,592
Table 2: Top Ten Exemptions Claimed in Saanich Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Rental restrictions Death of an owner Separation or divorce Residential care facility Vacant new inventory Other exemptions Total
49,484 11,074 511 284 279 118 117 102 38 38 133 62,178
Table 3: Residential Properties in Saanich - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
35,436 40 35,476
589 29 618
469 76 545
nr nr 215
nr nr 444
nr nr 488
37,575 211 37,786
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Saanich
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$111,000
$177,000
$372,000
$212,000
$28,000
$899,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Sidney Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Sidney
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
7,498 23 7,521
282 35 317
nr nr 50
43 16 59
nr nr 90
7,954 83 8,037
Table 2: Top Ten Exemptions Claimed in Sidney Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Rental restrictions Construction or renovation Property with no residence Vacant new inventory Death of an owner Separation or divorce Additional residence – spouses Other exemptions Total
6,508 1,613 108 102 80 30 20 16 12 11 47 8,547
Table 3: Residential Properties in Sidney - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
4,919 15 4,934
142 17 159
nr nr 27
23 7 30
72 8 80
nr nr 255
5,434 51 5,485
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Sidney
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$21,000
$87,000
nr
$31,000
nr
$160,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Sooke Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Sooke
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
7,227 17 7,244
248 19 267
36 16 52
39 11 50
121 5 126
7,671 68 7,739
Table 2: Top Ten Exemptions Claimed in Sooke Exemption
Count
Principal residence Occupied by a tenant Property with no residence Construction or renovation Recently acquired or inherited Vacant new inventory Phased development Strata accommodation Separation or divorce Rental restrictions Other exemptions Total
6,310 1,400 321 97 96 94 65 39 19 18 46 8,505
Table 3: Residential Properties in Sooke - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
4,642 14 4,656
116 13 129
19 8 27
nr nr 22
nr nr 77
nr nr 196
5,057 50 5,107
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Sooke
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$18,000
$55,000
$27,000
$19,000
$10,000
$130,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Surrey Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Surrey
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
212,237 207 212,444
2,071 57 2,128
1,559 356 1,915
1,876 363 2,239
1,907 22 1,929
219,650 1,005 220,655
Table 2: Top Ten Exemptions Claimed in Surrey Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Property with no residence Construction or renovation Vacant new inventory Phased development Rental restrictions Separation or divorce Death of an owner Other exemptions Total
194,222 40,630 2,512 2,302 2,301 510 402 312 312 217 657 244,377
Table 3: Residential Properties in Surrey - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
136,003 156 136,159
1,084 26 1,110
1,274 247 1,521
1,120 235 1,355
1,292 139 1,431
2,910 12 2,922
143,683 815 144,498
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Surrey
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$428,000
$201,000
$1,845,000
$1,569,000
$74,000
$4,117,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Vancouver Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Vancouver
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
218,335 435 218,770
5,538 181 5,719
5,516 983 6,499
5,605 717 6,322
4,646 57 4,703
239,640 2,373 242,013
Table 2: Top Ten Exemptions Claimed in Vancouver Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Rental restrictions Strata accommodation Death of an owner Separation or divorce Property with no residence Apartment buildings Other exemptions Total
184,568 89,985 2,807 2,504 1,123 615 357 350 304 241 1,038 283,892
Table 3: Residential Properties in Vancouver - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
164,489 310 164,799
3,434 99 3,533
4,408 653 5,061
4,252 535 4,787
2,938 258 3,196
8,230 49 8,279
187,751 1,904 189,655
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in Vancouver
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
$1,867,000
$1,041,000
$7,889,000
$7,849,000
$640,000
1
Total $19,286,000
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
Victoria Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in Victoria
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
32,003 184 32,187
1,837 203 2,040
477 101 578
493 52 545
761 15 776
35,571 555 36,126
Table 2: Top Ten Exemptions Claimed in Victoria Exemption
Count
Principal residence Occupied by a tenant Rental restrictions Recently acquired or inherited Construction or renovation Vacant new inventory Property with no residence Apartment buildings Strata accommodation Death of an owner Other exemptions Total
25,107 12,447 498 455 180 166 80 72 71 61 234 39,371
Table 3: Residential Properties in Victoria - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
22,838 128 22,966
1,164 115 1,279
497 64 561
298 32 330
409 25 434
899 22 921
26,105 386 26,491
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in Victoria
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$166,000
$456,000
$250,000
$116,000
$61,000
$1,048,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
View Royal Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in View Royal
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
5,341 6 5,347
nr nr 98
29 8 37
nr nr 34
nr nr 41
5,542 15 5,557
Table 2: Top Ten Exemptions Claimed in View Royal Exemption
Count
Principal residence Occupied by a tenant Recently acquired or inherited Construction or renovation Property with no residence Separation or divorce Rental restrictions Uninhabitable property Person with disabilities Phased development Other exemptions Total
4,819 792 70 50 41 10 8 5 4 3 16 5,818
Table 3: Residential Properties in View Royal - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
nr nr 3,360
nr nr 48
nr nr 14
nr nr 17
nr nr 42
nr nr 72
3,543 10 3,553
Table 4: Residential Properties in the Capital Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
119 8 132 18 277
64 17 154 10 245
93 nr 90 nr 201
75 nr 44 nr 129
52 nr 42 nr 104
7 nr 24 nr 36
410 57 486 39 992
Table 5: 2018 Calendar Year Revenue by Owner Type in View Royal
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
nr
nr
$10,000
nr
nr
$14,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
West Kelowna Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in West Kelowna
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
18,820 80 18,900
904 134 1,038
49 13 62
126 30 156
243 5 248
20,142 262 20,404
Table 2: Top Ten Exemptions Claimed in West Kelowna Exemption
Count
Principal residence Occupied by a tenant Property with no residence Recently acquired or inherited Strata accommodation Construction or renovation Vacant new inventory Rental restrictions Separation or divorce Death of an owner Other exemptions Total
17,158 2,925 421 241 210 177 102 90 32 18 73 21,447
Table 3: Residential Properties in West Kelowna - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
11,500 60 11,560
528 73 601
27 6 33
107 15 122
156 18 174
303 5 308
12,621 177 12,798
Table 4: Residential Properties in the Central Okanagan Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
82 20 40 6 148
120 nr 98 nr 263
26 nr 17 nr 47
31 nr 11 nr 49
46 nr 27 nr 83
9 nr 10 nr 22
314 85 203 10 612
Table 5: 2018 Calendar Year Revenue by Owner Type in West Kelowna
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$213,000
$636,000
$33,000
$108,000
$50,000
$1,040,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
West Vancouver Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in West Vancouver
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
19,290 49 19,339
296 13 309
514 186 700
492 150 642
265 17 282
20,857 415 21,272
Table 2: Top Ten Exemptions Claimed in West Vancouver Exemption
Count
Principal residence Occupied by a tenant Construction or renovation Recently acquired or inherited Rental restrictions Property with no residence Phased development Uninhabitable property Separation or divorce Death of an owner Other exemptions Total
17,381 3,624 542 260 244 214 54 53 44 40 125 22,581
Table 3: Residential Properties in West Vancouver - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
13,518 38 13,556
174 6 180
458 124 582
348 116 464
195 38 233
322 15 337
15,015 337 15,352
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in West Vancouver
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$608,000
$122,000
$3,071,000
$2,575,000
$306,000
$6,682,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
White Rock Speculation and Vacancy Tax (SVT) Declaration Information Table 1: Owners Who Own Residential Properties in White Rock
Exempt Non Exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
11,361 30 11,391
nr nr 256
98 12 110
116 18 134
nr nr 181
12,002 70 12,072
Table 2: Top Ten Exemptions Claimed in White Rock Exemption
Count
Principal residence Occupied by a tenant Construction or renovation Rental restrictions Recently acquired or inherited Property with no residence Strata accommodation Vacant new inventory Death of an owner Separation or divorce Other exemptions Total
9,364 2,690 186 133 82 58 55 34 24 22 52 12,700
Table 3: Residential Properties in White Rock - Declared Properties
Exempt Non exempt Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
7,791 18 7,809
nr nr 147
60 9 69
67 12 79
96 6 102
nr nr 185
8,341 50 8,391
Table 4: Residential Properties in the Metro Vancouver Regional District That Pay the SVT
Detached Home Townhouse Condominium Other Residential Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Mixed
Other
Total
335 141 659 39 1,174
57 24 193 5 279
828 355 1,674 40 2,897
812 242 721 26 1,801
453 156 342 26 977
52 5 65 5 127
2,537 923 3,654 141 7,255
Table 5: 2018 Calendar Year Revenue by Owner Type in White Rock
Total
BC Resident
Other Canadian
Foreign Owner
Satellite Family
Other
Total
$71,000
nr
$81,000
$84,000
nr
$258,000
1
Data Suppression: - Data has been suppressed (i.e., nr = not released) when there are possible instances of residual disclosure of personal taxpayer information. In order to protect taxpayer privacy a minimum of 5 entities per cell is required in order for the data to be released. - This means the amount of information released in the various tables for each municipality will differ depending on the number of taxpayers or properties in a respective data cell. - In some cases, a cell that contains 5 or more entities has been marked as “nr” to ensure that a final total cannot be used to reveal a suppressed number. Table 1: - “Exempt” refers to owners who do not pay any tax. This can occur if all properties are exempt, or if they have enough credits to offset the tax assessed on any properties that do not qualify for exemptions. “Non exempt” owners are those who pay some amount of tax. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 2: - Owners may claim multiple exemptions if they own multiple properties, and properties may have multiple exemptions applied to them if the property has multiple owners. An owner does not necessarily require an exemption to be “exempt” from the tax; many owners have enough credits to bring their tax owing down to zero. Table 3: - “Exempt” refers to properties for which no owner has to pay any tax on the property. - “Not exempt” means that at least one owner of the property must pay some amount of tax (net of credits). - “Total declared” represents the number of properties for which all owners of the property have submitted their declarations. - A “declared” property is a property for which either all owners have completed declarations, or at least one owner has declared themselves to be non-exempt with respect to that property. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 4: - Table 4 is provided at the regional district level to allow for greater disaggregation by property type. - Housing types are derived from BC Assessment “Actual Use” categories. - “Other Residential” refers to housing types which do not fit into the categories of Detached Home, Townhouse, or Condominium. A duplex is an example of such a housing type. - The “mixed” category of homeowner represents properties that have multiple owners which do not all belong to the same category. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type. Table 5: - This table provides an estimate of how much revenue has been assessed for the 2018 calendar year in a given municipality, rounded to the nearest thousand dollars. - Corporations, trusts, and partnerships are assigned an owner type based on their interest holders. The “other” category represents those which have not yet been assigned an owner type.
2
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