BE HEARD: We support the Scrap the Speculation Tax campaign

As VICA is a member of a growing group of citizens, companies, and organizations concerned about the proposed Speculation Tax, we wanted to provide you with an update on the Scrap the Speculation Tax campaign.Scrap the Speculation Tax

As you may be aware, the Finance Minister Carole James has admitted that nearly two thirds of those hit by this unfair tax will be British Columbians. Those that will pay this tax will be you, your friends and neighbours. Not the real speculators. It could even apply to residential development land – a major unintended consequence that will further harm the housing affordability crisis.

That’s why the Scrap the Speculation Tax campaign was started. To speak up for British Columbians and Canadians across the country.

The good news? Our voices are working.

We’ve helped to send almost 19,000 letters to government from over 2,200 individuals. As a result, the government has been forced to admit this tax isn’t about speculators. It’s about taxing British Columbians and fellow Canadians that contribute to our local economies.

We need to maintain momentum. 

If you haven’t already, please take one minute and tell government you’re not the real speculators. It’s very easy. Visit the Scrap the Speculation Tax website and let your voice be heard.

Have another 15 seconds? Send this email to just two friends or family and have them do the same.

We know this tax does not work for British Columbians. This campaign is how we fight. One e-mail at a time.

Help us keep the pressure on government to make meaningful change to this ill-conceived tax. SHARE THE MOVEMENT ON FACEBOOK AND ON TWITTER.

Upcoming Speculation Tax Engagement Event

The Let’s Talk BC Housing event will address prices, supply, zoning, permitting, speculation tax, urban growth and costly regulations will be held on June 12 from 11:30 am – 2:00 pm at The Roundhouse at Bayview Place at 253 Esquimalt Road, Victoria. For questions, contact James Lee at or at (613) 232-5751 Ext 228

  • To date, the members of the coalition include:
    • Kelowna Chamber of Commerce 
    • UDI Capital Region
    • UDI Okanagan
    • UDI Pacific Region
    • Canadian Home Builders Association – Central Okanagan
    • Independent Contractors of British Columbia
    • Stop the Speculation Tax Petition (#StoptheSpecTax)
    • Nanaimo Chamber of Commerce
    • Peachland Chamber of Commerce
    • Business Council of British Columbia
    • Okanagan Mainline Real Estate Board
    • Canadian Taxpayers Federation
    • Vancouver Island Construction Association
    • Greater Westside Board of Trade
    • Victoria Real Estate Board
    • WestShore Chamber of Commerce
    • Canadian Mortgage Brokers Association – British Columbia
    • Columbia Valley Chamber of Commerce

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