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Old 09-27-2024, 10:04 AM   #1696
calgarygeologist
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Quote:
Originally Posted by rubecube View Post
Seems pretty short-sighted, IMO. All that'll do is drive up demand without increasing supply, unless I'm missing something.

EDIT: Just saw the BCCPC proposal, and it's worse.

https://www.cbc.ca/news/canada/briti...bate-1.7332719
The way I am reading the information it seems somewhat predatory as well. The government is offering this as a loan to buyers who will pay interest, probably at a fairly reasonable market rate, and the government will also take 40% of the increased value at the time of sale.
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