Only the tax hungry BC government thinks that buying a second home and holding it for 10, 20, 30 years while paying property taxes, insurance, utilities and upkeep is speculating – and you don’t even have to sell it for the government to demand your money.
Saying to BC Utilities Commission inquiry that is looking into the cause of high gas prices in BC that it’s not allowed to consider the impact of government taxes or other policies was a joke…right?…no. Okay, well it was laughable.
The public inquiry into record breaking gas prices in BC is underway but will they get a true picture? How can they, not on the table for discussion, supply and demand and high gasoline taxes.
It’s the top issue for Canadians coming into the fall election but Stats Can says inflation is hovering around 2%. It sure doesn’t feel like it when you see the cost of food, rent, car insurance, gas and other government related expenses.
We love to express our concern for the poor but actions speak louder than words. And those actions make clear the poor regularly come second to the pursuit of political power.
Mike talks First Nations support for the Kinder Morgan pipeline expansion. Lance Roberts on what investors should do now while Ozzie talks the speculation tax and the resurgence of Alberta’s real estate market. And don’t miss the goofy award.