BC homeowners have begun receiving their Speculation & Vacancy Tax notices in the mail. The deadline to make your declaration is March 31st 2021. This is an annual filing requirement that homeowners are by this point well familiar, but for any new homeowners or those who require a refresher, please read on.
Once you receive your letter in the mail, go to the BC government website’s speculation tax page here.
On the right side of the webpage, click “Declare Now”.
The letter you received will include a Declaration Code and a Letter ID. You will require these to complete the declaration.
Note that joint owners must both file declarations.
It is always advisable to save a copy of your confirmation.
Weekly Update – By The Numbers
|North America||Friday Close||Weekly Change||Weekly % Change||YTD % Change|
|Canada – S&P TSX Composite||18,060||-324||-1.76%||3.60%|
|USA – Dow Jones Industrial Average||30,932||-562||-1.78%||1.07%|
|USA – S&P 500||3,811||-96||-2.46%||1.46%|
|USA – Nasdaq||13,192||-682||-4.92%||2.36%|
|Gold Futures (USD)||$1,733.00||-$50.10||-2.81%||-8.71%|
|Crude Oil Futures (USD)||$61.66||$2.65||4.49%||27.08%|
|CAD/USD Exchange Rate||$0.7851||-$0.0076||-0.96%||-0.10%|
|Europe / Asia||Friday Close||Weekly Change||Weekly % Change||YTD % Change|
|MSCI World Index||2,727||-79||-2.82%||1.38%|
|Switzerland – Euro Stoxx 50||3,636||-77||-2.07%||1.79%|
|England – FTSE 100||6,483||-141||-2.13%||0.34%|
|France – CAC 40||5,703||-71||-1.23%||2.74%|
|Germany – DAX Performance Index||13,786||-207||-1.48%||0.49%|
|Japan – Nikkei 225||28,966||-1,052||-3.50%||5.55%|
|China – Shanghai Composite Index||3,509||-187||-5.06%||1.04%|
|CAD/EURO Exchange Rate||€ 0.6499||-€ 0.0039||-0.60%||1.03%|
|Fixed Income||Friday Close||Weekly Change||Weekly % Change||YTD % Change|
|10-Year Bond Yield (in %)||1.4600||0.1150||8.55%||59.39%|
Sources: Yahoo! Finance, CNBC.com, Government of British Columbia