Editing Land value tax (section)

===Canada===
LVTs were common in Western Canada at the turn of the twentieth century. In Vancouver LVT became the sole form of municipal taxation in 1910 under the leadership of mayor, [[L. D. Taylor|Louis D. Taylor]].<ref>{{cite book|last=Francis|first=Daniel|title=L.D.: Mayor Louis Taylor and the rise of Vancouver|publisher=Arsenal Pulp Press|location=Vancouver|year=2004|pages=82–83|isbn=978-1-55152-156-5}}</ref> Gary B. Nixon (2000) stated that the rate never exceeded 2% of land value, too low to prevent the speculation that led directly to the 1913 real estate crash.<ref>{{Cite journal|last=Nixon|first=Gary B.|date=1 November 2000|title=Canada|journal=American Journal of Economics and Sociology|language=en|volume=59|issue=5|pages=65–84|doi=10.1111/1536-7150.00086|issn=1536-7150}}</ref> All Canadian provinces later taxed improvements. The 2022 value of land in Canada, as reported by the National Balance Sheet, is $5.824 trillion. LVTs can be somewhat controversial in Canada because of the already high cost of property that many Canadians struggle to afford.<ref>{{cite web |last=Yang |first=Ken |title=Taxing land can provide $194 billion for Canadians |website=Common Wealth Canada |url=https://www.commonwealth.ca/blog/taxing-land-can-provide-194-billion-for-canadians |date=2023-10-16 |access-date=2024-04-21}}</ref>