Helps, Isitt, Loveday and Madoff vote for 15% foreigner tax – Coleman, Lucas, Young and Alto block it with 4 opposing votes

From the Times Colonist:

Victoria has dropped its bid to have the province impose a 15 per cent non-resident buyers tax on real estate transactions.

Last week councillors, sitting as a committee of the whole, voted to ask the province to immediately impose a tax to cool what has become one of the three hottest real estate markets in the country.

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