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The municipality’s move is the latest pushback at the tax — the details and parameters of which remain unclear — leaving many homeowners confused by who will be affected by the tax, and to what degree.

The speculation tax, announced in last month’s budget, applies to the Lower Mainland, Victoria, the Nanaimo region, the City of Kelowna and West Kelowna.

Other municipal leaders, including in Kelowna and Parksville, have also publicly expressed concern over the impact of the tax on their local economies.

The speculation tax is meant to curb speculation by out-of-province flippers in the real estate market, but also appears to capture B.C. residents or Canadians who own second homes or vacation homes in its net.

In recent days both Horgan and Finance Minister Carole James had made statements that hint at possible exemptions.

But during question period Tuesday, James provided no clarity, saying the tax is a work in progress, with more details to come in the spring and legislation expected in the fall.

“The details will be out on the speculation tax,” she told the legislature.

Responding to West Kelowna council’s decision, James said the NDP government is taking “bold action” to address an affordability crisis that includes the Kelowna metro area, where the vacancy rate is 0.2 per cent.

“With such a bold, new measure, it is particularly important to provide these principles well in advance of legislation and, as indicated at the launch of budget 2018, we are taking the appropriate time to ensure that the tax is as effective and targeted as possible,” said James in a statement.

During a scrum earlier in the afternoon, Horgan said any possible tweaks to the speculation tax have already been factored into the budget.

The budget’s revenue forecasts “are conservative already, by design, and we have very generous (contingency funds and forecast allowances) that will make up for any shortfall as we move the tax to its final form this fall,” said Horgan.

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— with files from Rob Shaw