Vancouver billionaire Chip Wilson wins appeal to lower home’s assessed value by $18M | CBC News ^8%

CBC News - By The Canadian Press - 6/1/2026, 6:38 PM

Halo Effect 23.1% - Framing Effect 19.7% - Appeal to Authority 14%

Billionaire and Lululemon Athletica founder Chip Wilson has won a legal challenge to lower the assessed value of his Vancouver waterfront mansion — long listed as the most expensive home in British Columbia — by more than $18 million. The B.C. Property Assessment Appeal Board issued a decision dated May 28 ordering B.C. Assessment to... more