No. 8: Is the higher ‘school tax’ a “reverse mortgage?"

BIV Today

On BIV Today…
The value of Metro Vancouver building permits issued in March shot up 114% year over year. Hosts Tyler Orton and Hayley Woodin (0:33) discuss some of the biggest business headlines for Wednesday, May 9.
The Fraser Institute’s Ken Green (3:52) walks through a new report that estimates insufficient pipeline capacity will cost Canadian energy producers $15.8 billion in 2018. Green also weighs in on what discounted Canadian oil prices will mean for B.C.
SFU finance professor Andrey Pavlov (16:01) has researched the implications of the BC NDP’s ‘School Tax’, and shares his concerns with what he says will be a 20% capital gains tax over 20 years.
Check out the Business in Vancouver team’s stories at https://biv.com.

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