BC Liberal Leader Andrew Wilkinson confirmed today that he is planning to give real estate speculators a $185 million tax break by eliminating the Speculation and Vacancy Tax if he is elected premier. BC Liberal MLA Jane Thornthwaite promoted Wilkinson’s …
Housing
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BC Liberals’ own numbers show housing starts are higher under the BC NDP (again)
Not letting facts get in the way of their spin, BC Liberals are once again casting gloom on housing start projections. But under John Horgan and the BC NDP, the province is on track for 58,000 more starts over five …
CMHC report shows Speculation Tax is adding to rental supply
A new report from CMHC concludes that the NDP’s Speculation and Vacancy Tax contributed to an historic increase in condo units being used for long-term rental in Metro Vancouver. The CMHC’s Vancouver Rental Market Report shows the number of …
Province adds water-access only exemption to Speculation and Vacancy Tax
VICTORIA – Today Minister Carole James announced that the province would be adding a water-access only exemption to the speculation and vacancy tax (SVT). “When we introduced the speculation and vacancy tax, Metro Vancouver was at the peak of a real …
Report shows NDP action to tackle speculation is helping more people buy homes
VICTORIA – The Real Estate Board of Greater Vancouver’s (REBGV) analysis of October housing trends shows that moderated home prices in Metro Vancouver are giving British Columbians a better chance to buy a home. REBGV President Ashley Smith says that …
NDP government keeps rent increases under control, BC Liberals support wacky housing hikes
While the NDP government is saving average renters nearly $500 annually with its plan to keep increases to the rate of inflation, the BC Liberals’ policy would push housing costs out of control. The government announced today that the maximum …
Andrew Wilkinson must answer for his billion dollar land sell off, says Sims
VICTORIA– A new Vancouver Sun analysis shows that BC Liberal Leader Andrew Wilkinson led a sell off of $1 billion in publicly owned properties between 2013 and 2017. The Sun’s report sheds new light on the much-criticized program, which Wilkinson managed …
MLA Simons celebrates 218 units of new homes underway for people on the Sunshine Coast
SUNSHINE COAST – Local New Democrat MLA Nicholas Simons is celebrating 218 units of new homes already built or underway for seniors, families, and people experiencing homeless on the Sunshine Coast. The housing in Powell River and Sechelt is part …
MLA Rice celebrates 169 units of new homes underway for people in the North Coast
PRINCE RUPERT – Local New Democrat MLA Jennifer Rice is celebrating 169 units of new homes already built or underway for families and people experiencing homeless in the North Coast. The housing across the North Coast is part of 20,000 …
MLA Glumac celebrates nearly 400 units of new homes underway for people in the Tri-Cities
PORT MOODY – Local New Democrat MLA Rick Glumac is celebrating 398 units of new homes already built or underway for low-income families and people with special needs in the Tri-Cities. The housing across the Tri-Cities is part of 20,000 …