B.C.’s foreign-buyer tax could help China fight corruption: ex-envoy

The Globe and Mail interviewed Paul Evans, a professor at UBC’s Liu Institute for Global Issues and Institute of Asian Research, for a story on how the new foreign-buyer tax could help China fight corruption.

He said he doesn’t believe the new tax will impact Canadian-Chinese relations. The two governments are believed to be trying to find a way to negotiate a free-trade deal.

“They have free-trade agreements, they have deep political relationships with several countries that have something similar to this – Australia is the most important example,” Evans said.

Australia has a similar foreign-buyer tax.