Executives at local sports teams do not expect to find it more difficult to recruit players because of BC’s new 15 per cent property transfer tax levied on Metro Vancouver home sales to foreign residents.
Nor do counterparts at law firms or technology companies.
“I don’t believe that free agents make their sole decision [on where to play] on the financial aspect of things,” Trevor Linden, the Vancouver Canucks’ president of hockey operations, told Business in Vancouver.
“The most important thing is the fit and opportunity with the team. The player may have a wife who is from out east or they may want to play in the Sun Belt. Those are factors that play into the decision. There’s the chance to win, ice time, the coach and where they fit in the lineup. Those are most important.”
For the full version of the story from REW.ca's sister publication Business in Vancouver, click here
