CBC: B.C. condo developer Bob Rennie accused of advance knowledge of foreign real estate buyer tax

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August 3, 2016 | Richard Zussman

Quoted from the article:

Eby based his accusations on a Globe and Mail article written by journalist Mike Hager, in which Rennie seems to say, in a paraphrased quote, he had a three-week heads up on the new tax.

Hager told On The Coast host Stephen Quinn that Rennie’s exact words, as recorded by his colleague and article co-writer Frances Bula, were:

“Three weeks ago, I knew there was going to be a tax on foreign ownership. I didn’t know it would be 15 per cent, I thought it would be five to eight percent. All the polling showed people were frantic and wanted a tax on foreign ownership.”

Hager said after the article was published and Eby called a press conference demanding an investigation about what Rennie knew, Rennie called him up and said he was using the word “knew” in a figurative sense — and was instead merely speculating.

Bula could not be reached for comment. Hager said he stands by her work.

Read the full article: http://www.cbc.ca/news/canada/british-columbia/foreign-buyer-tax-bob-rennie-1.3704959