While it may sound strange to have a tax - deductible tax, the overall effect is that you don't pay income tax on money that was spent on property taxes. (rismedia.com)
That means you don't pay income taxes on contributions. (studentloanhero.com)
They would also expand the tax to apply to investors who buy property here, but don't pay income tax in the province, and remove the bare trust loophole. (bcndpcaucus.ca)