First he met with the finance minister. And his protests fell on deaf ears.
Then it was the premierÏ㽶ÊÓƵֱ²¥”and it appears to have resulted in the same outcome.
So now West Kelowna Mayor Doug Findlater is reiterating his opposition to the provinceÏ㽶ÊÓƵֱ²¥™s planned speculation tax by putting pen to paperÏ㽶ÊÓƵֱ²¥”or keystroke to screen if you willÏ㽶ÊÓƵֱ²¥”in an open letter outlining why his cityÏ㽶ÊÓƵֱ²¥™s inclusion in the tax plan is bad not only for West KelownaÏ㽶ÊÓƵֱ²¥™s residents, but also his cityÏ㽶ÊÓƵֱ²¥™s economic bottom line.
For anyone who has followed along as Findlater has lead the local charge against the tax, the reasons are not new.
The cityÏ㽶ÊÓƵֱ²¥™s argument is the tax will result in less development and that means fewer homes, less revenue for the city, the potential loss of jobs, impacts on other sectors such as tourism, higher taxes to pay for future city infrastructure and a myriad of other problems that stem from turning developers away.
The ill-thought out tax, which will hit B.C. owners of secondary property, a s well as out-of-province owners, with additional tax levies, is not the panacea the province thinks it will be when it comes to trying to create more affordable housing in the handful of municipalities where itÏ㽶ÊÓƵֱ²¥™s slated take affect in the fall.
The provincial government appears to have cherry-picked cities to include in the controversial tax plan and, as Findlater makes clear in his four-page letter to Premier John Horgan, the criteria used to include West Kelowna seems faulty at best.
But the reality is Findlater can yell until heÏ㽶ÊÓƵֱ²¥™s blue in the faceÏ㽶ÊÓƵֱ²¥”Horgan has no intention of budging on this one.
In politics the key is being seen to be doing something and this is the NDP governmentÏ㽶ÊÓƵֱ²¥™s response to the growing lament of British Columbians who say itÏ㽶ÊÓƵֱ²¥™s too expensive to get into the property market in this province.
ThereÏ㽶ÊÓƵֱ²¥™s no doubt prices are way higher than most of us can remember in the cities and towns where we live. But recent statistics from the provincial real estate association shed some interesting light on the measures that have already been taken to try to cool B.C.Ï㽶ÊÓƵֱ²¥™s red hot property market.
The report says recent changes in rules have resulted in a drop of about 36 per cent in sales in B.C., but at the same time, prices have only gone down 1.7 per cent. The bottom line is there are fewer homes available and prices are not coming down by much.
So, how is this all making more property available and affordable ?
Findlater makes a good case for West Kelowna, but all the yelling in the world does no good if the person you are yelling at is not listening to you.
For more on this story and the text of FindlaterÏ㽶ÊÓƵֱ²¥™s letter, see kelownacapnews.com
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