| Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. |
 | | 
03-02-2018, 02:41 PM
|
#76 | | RS has made me the bitter person i am today!
Join Date: Dec 2009 Location: Burnaby
Posts: 4,922
Thanked 6,707 Times in 2,469 Posts
Failed 286 Times in 122 Posts
| Quote:
Originally Posted by RRxtar  So the ndp has another broken promise. The bc utilities commission has denied their promise of a 0% bc hydro rate freeze because it's not possible.
Also, even without the hurr durr dem liberalz iz stealing from icbc, the ndp is projecting that icbc will still lose over a billion dollars in 2018, even with their changed policies. | You really think a multi-billion dollar deficit would be fixed by a new government in less than a year's time? LOL
| 
|  | |
03-03-2018, 10:28 AM
|
#77 | | Head Moderator
Join Date: Dec 1982 Location: Great White Nor
Posts: 22,661
Thanked 6,462 Times in 2,081 Posts
Failed 98 Times in 51 Posts
| Quote:
Originally Posted by RRxtar Also, even without the hurr durr dem liberalz iz stealing from icbc, the ndp is projecting that icbc will still lose over a billion dollars in 2018, even with their changed policies. | Uh... unless you're fine with paying 2-3x more for insurance right away.... Capital reserves still have to be reset to legislated minimums and it'll take more than one FY's budget sheet to fix that. It's not a black and white issue, much like most of the hot button topics that people seem to hinge their opinions and vote on.  | |
| | |
03-03-2018, 11:33 AM
|
#78 | | what manner of phaggotry is this
Join Date: Nov 2001 Location: Kelownafornia
Posts: 18,285
Thanked 5,473 Times in 1,814 Posts
Failed 205 Times in 120 Posts
|
The ndp just legislated away the minimum capital reserve requirement
My point was that everyone liked to say the liberals pulling $1billion out of icbc over a 5 year period is the most significant reason icbc was short $1.3billion last year alone. Yet there is really no change this year.
My point is that, exactly as you said, it isn't a black and white issue. If it was, they should have fixed it already, right?
__________________
STRENGTHaesthetics | |
| | |
03-03-2018, 10:33 PM
|
#79 | | RS has made me the bitter person i am today!
Join Date: Oct 2006 Location: van
Posts: 4,530
Thanked 1,170 Times in 625 Posts
Failed 286 Times in 153 Posts
|
I was renewing my insurance the other day and I asked the agent about all this and he said the main reason was the increased cost of repairs coupled with increase in accidents, likely due to distracted drivers.
He also said they'll be phasing out agents and moving towards online service.
__________________
Gold is the money of kings;
Silver is the money of gentlemen;
Barter is the money of peasants;
But debt is the money of slaves.
-Norm Franz
| |
| | |
03-07-2018, 01:50 AM
|
#80 | | I answer every Emotion with an emoticon
Join Date: Aug 2007 Location: Paradise, BC
Posts: 7,619
Thanked 7,387 Times in 3,017 Posts
Failed 257 Times in 143 Posts
|
Just read a column about the newly proposed speculation tax. Horgan has previously said that as long as you pay (income) taxes in BC, you would not be affected. However, it seems like things aren't really working out that way in BC: Vaughn Palmer: Readers stunned by impact of B.C.?s new ?speculation tax? | Vancouver Sun
Coles version:
- If you have a vacation home in any of the speculation tax areas, you will likely still end up paying some (or a lot?) in speculation tax.
- If you have low income (say, due to being retired) and pay no income tax, you'd be hit with the full speculation tax.
- Your property tax burden could increase as a ripple effect of the speculation tax.
Hmm... Would be interesting to see how this pans out...
| |
| | |
03-07-2018, 06:46 AM
|
#81 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
| Quote:
Originally Posted by Traum Just read a column about the newly proposed speculation tax. Horgan has previously said that as long as you pay (income) taxes in BC, you would not be affected. However, it seems like things aren't really working out that way in BC: Vaughn Palmer: Readers stunned by impact of B.C.?s new ?speculation tax? | Vancouver Sun
Coles version:
- If you have a vacation home in any of the speculation tax areas, you will likely still end up paying some (or a lot?) in speculation tax. - If you have low income (say, due to being retired) and pay no income tax, you'd be hit with the full speculation tax.
- Your property tax burden could increase as a ripple effect of the speculation tax.
Hmm... Would be interesting to see how this pans out... | If that goes through you will have a lot of seniors having trouble paying their bills. And also seniors aren't speculating. They are living here retired since they pay their dues (tax) while working their whole life in Canada.
If this speculation tax isn't changing the way it is now, there are going to lot's of angry people and maybe even some lawsuits.
| |
| | |
03-07-2018, 08:40 AM
|
#82 | | Wunder? Wonder?? Wander???
Join Date: Mar 2015 Location: vancouver
Posts: 222
Thanked 99 Times in 52 Posts
Failed 81 Times in 30 Posts
| Quote:
Originally Posted by Mr.HappySilp If that goes through you will have a lot of seniors having trouble paying their bills. And also seniors aren't speculating. They are living here retired since they pay their dues (tax) while working their whole life in Canada.
If this speculation tax isn't changing the way it is now, there are going to lot's of angry people and maybe even some lawsuits. |
Or they could suck it up just sell their 2nd home just like what im doing 
Market is already slowing down. Get out of real estate now before it gets A LOT worse.
The time for speculating is over!
Last edited by Blueboy222; 03-07-2018 at 08:52 AM.
| |
| | |
03-07-2018, 08:57 AM
|
#83 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
| Quote:
Originally Posted by zyzzjr Or they could suck it up just sell their 2nd home just like what im doing
Market is already slowing down. Get out of real estate now before it gets A LOT worse.
The time for speculating is over! | Does this new speculation tax apply to all property or any property after the frist one? Coz a lot of seniors (such as my parents) who are retired have a primary home but is living in it. Since they are retire they have no income will they still have to pay the speculation tax? Seems really unfair if that's the case.
| |
| | |
03-07-2018, 09:09 AM
|
#84 | | I answer every Emotion with an emoticon
Join Date: Aug 2007 Location: Paradise, BC
Posts: 7,619
Thanked 7,387 Times in 3,017 Posts
Failed 257 Times in 143 Posts
| Quote:
Originally Posted by Mr.HappySilp Does this new speculation tax apply to all property or any property after the frist one? Coz a lot of seniors (such as my parents) who are retired have a primary home but is living in it. Since they are retire they have no income will they still have to pay the speculation tax? Seems really unfair if that's the case. | As I understand it, primary residence is exempt. It only applies to non-primary residence in any of the specified zone (Capital, Nanaimo, Metro Vancouver and Fraser Valley regional districts, plus the municipalities of Kelowna and West Kelowna).
| |
| | |
03-07-2018, 09:39 AM
|
#85 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
| Quote:
Originally Posted by Traum As I understand it, primary residence is exempt. It only applies to non-primary residence in any of the specified zone (Capital, Nanaimo, Metro Vancouver and Fraser Valley regional districts, plus the municipalities of Kelowna and West Kelowna). | That's what I kinda of though but then there isn't too much details about it. Guess we will have to wait it out!
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 06:45 AM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
