If the polity is smart, yes.
It looks like British Columbia gets about 15% of its revenue from property taxes and transfers [1]. So you'd need adjustments to make up for the personal, corporate, sales, fuel, carbon, tobacco and insurance premium (?) revenues the vacant homeowner isn't paying.
[1] https://www2.gov.bc.ca/assets/gov/british-columbians-our-gov... Table 2.3