B.C. to target foreign real estate buyers with new tax effective August 2

Foreign nationals who buy real estate in Metro Vancouver would pay an additional property transfer tax of 15 per cent and will apply to foreign buyers registering the purchase of residential homes in Metro Vancouver, excluding treaty lands in the Tsawwassen First Nation. http://www.theglobeandmail.com/news/british-columbia/bc-to-target-foreign-real-estate-buyers-with-new-tax/article31096550