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VREB Policy Positions

The Victoria Real Estate Board and its member REALTORS® have a longstanding history of community involvement and support. Through its Government Liaison and Community Relations committees, the Board seeks to promote initiatives that are consistent with the Quality of Life principles adopted in 2005.

As part of this commitment to making a positive contribution to the community, the Board has adopted a number of Policy Positions that reflect the Board’s views on a variety of legislative and community issues and which can be found on this page.

Promoting Green Values

In an age of global warming and heightened environmental awareness, it is incumbent on all organizations and individuals to take whatever actions they can to minimize the impact of their activities on the environment. more >>

Capital Gains Rollover Provision in Income Tax Act
During the 2006 federal election, the Conservative Party of Canada promised to introduce a "Capital Gains Rollover" provision within the Income Tax Act. The promise has not yet been kept by the minority government. more >>

Community Fight Against Crystal Meth
Crystal Meth abuse continues to pose a serious challenge to the health of local neighbourhoods and to the quality of life of the community. more >>

Development Cost Charge Increases in City of Victoria
Development Cost Charges (DCCs) continue to be a major addition to the cost of home construction. more >>

City of Victoria Heritage Registry
The VREB is calling for substantial consultation with stakeholders prior to the City of Victoria adding various post-war commercial buildings to the Heritage Registry, more >>

Private Property Rights
The Victoria Real Estate Board (VREB), along with the British Columbia Real Estate Association (BCREA), is concerned about the issue of private property rights in Canada. more >>

Property Transfer Tax Revenues plus the Harmonized Sales Tax and Affordable Housing
The provincial government has received millions of dollars in unanticipated Property Transfer Tax (PTT) revenues due to the significant increase in property values in recent years. more >>

Rental Housing Construction Incentives
Greater Victoria continues to have one of the lowest vacancy rates in Canada for rental accommodation. A major barrier to the private sector electing to develop new purpose-built rental properties is the taxation disincentives implemented by the federal government in 1972. more >>

Legalizing Secondary Suites
In 2011, Greater Victoria continues to have one of the lowest rental accommodation vacancy rates in Canada which produces significant challenges for people seeking affordable accommodation. more >>

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  Victoria Real Estate Board, 3035 Nanaimo Street Victoria, British Columbia V8T 4W2, CANADA
Tel: +1 (250) 385-7766 Fax: +1 (250) 385-8773
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