• Creating a new speculation tax for vacant homes. The tax will be two per cent of the assessed value of properties in 2019.
• Increasing the foreign buyers tax from 15 to 20 per cent, and expanding the tax to properties in the Fraser Valley, Kamloops, Kelowna and Greater Victoria.
• Increasing the property transfer tax and the school tax on the wealthiest homeowners who buy or own homes valued higher than $3 million.
• Strengthening tax administrators’ audit and enforcement powers to help close information gaps and ensure tax compliance

1. Moving to stop tax evasion in pre-sale condo reassignments.
2. taking action to end hidden ownership.
3. strengthen provincial auditing and enforcement powers.

Some other items in the budget include:

• Introducing a new child care benefit that will reduce child care costs by up to $1,250 per month per child for 86,000 B.C. families per year by 2020/21.
• Providing up to $350 per month directly to licenced child care providers to reduce fees for an estimated 50,000 families per year by 2020/21.
• Helping to build 114,000 affordable rental, non-profit, co-op and owner-purchase housing units through partnerships.
• Eliminating MSP premiums by Jan. 1, 2020, saving individuals up to $900 a year, and families up to $1,800 a year.
• Freezing fares on all major BC Ferries routes, reducing fares on non-major routes and fully restoring the Monday to Thursday seniors passenger fare discount.