text: Wealthy Investor Owners who don't work in Canada (and to a lesser degree work out-of-province) don't pay income tax here (and likely own businesses elsewhere which pay further taxes to another jurisdiction) which makes us the majority of our tax base in Canada), but they are still driving up prices. This is a problem both if it is a vacation property in a high demand market like Vancouver, where it is pulled off the market driving up prices, while other taxing paying homeowners and tenants foot the bill for provincial and federal services with increasingly lower relative incomes due to being "house poor".