Everything you need to know about the 2018 BC Budget

Foreign Buyers tax increasing to 20% on February 21st
Property Transfer tax is increasing to 5% on the portion of the home valued over $3m on February 21st
Foreign Buyers tax expanding to Fraser Valley, Capital Regional District, Central Okanagan and Nanaimo Regional District on February 21st
School taxes are increasing on home valued over $3M (0.2% on portion above $3M and 0.4% on portion above $4M)
BC Home Partnership Loan Program is being eliminated March 31st
Speculator tax to be introduced in Fall 2018 (0.5% of assessed value in 2018 and 2.0% in 2019)
Introduction of measures to determine beneficial ownership of properties
Introduction of measures to prevent fraud and money laundering
MSP premiums to be eliminated by 2020, replaced with Employer Health Tax
Child care support for individuals earning less than $45,000 and families earning less than $74,000
Increasing the luxury tax on cars over $150,000 to 20%
Plus much more