BC Government News. Press release. July 11, 2019. As quoted: Ministry of Finance NEWS RELEASE Landmark tax successfully captures speculators, helps fund homes for people VICTORIA – Speculation and vacancy tax (SVT) declarations indicate foreign owners, satellite families and those …
Housing
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Laundered money funded $5.3B in BC real estate purchases in 2018
As quoted in the article: CBC British Columbia·Updated Laundered money funded $5.3B in B.C. real estate purchases in 2018, report reveals 2 reports point to numerous gaps allowing criminals entry to province’s housing market Bethany Lindsay · CBC News · Posted: May 08, 2019 …
Beneficial ownership registry comes to BC
Who owns these multimillion-dollar properties in Vancouver? With this new registry, the public could soon find out By JEN ST. DENISStar Vancouver Sun., March 10, 2019 VANCOUVER—Perched on the top of a glass tower in Vancouver’s Coal Harbour neighbourhood, the 6,459-square-foot …
Public consultation-Money laundering in real estate
Money Laundering in Real Estate November 9, 2018 Get Involved Here What is this engagement about? This engagement is an opportunity for British Columbians to share their concerns about money laundering in the B.C. real estate market, and to offer …
Attorney General Targets Foreign Capital to Ease Housing Crunch
Vancouver Sun. As quoted in the article, Sept 6, 2018. Douglas Todd: The housing crisis is the top issue for British Columbians, but incomplete information and exaggerated rhetoric sour its discussion.
This is not to say there is nothing to debate in the B.C. NDP’s 30-point plan to ease the devastation of unaffordability, which it inherited from the laissez-faire Liberals’ 16 years in power. But it takes time to put together a complete picture.
Even as a journalist who for five years has covered the way extreme prices are crushing the hopes of hundreds of thousands of British Columbians, I learned new things from a recent Vancouver Sun and Province editorial board meeting with Attorney General David Eby.
The Point Grey MLA, whose riding is ground zero for the stratospheric prices that result in large part from the globalization of wealth, rang some of the earliest warning bells about the lack of affordability. And he’s been teaming up with Finance Minister Carole James to respond.
The School Tax increase on homes valued over $3M-some factual information
Q: Where can I read more about this issue? I would like to understand the bigger picture. A: Here are some news articles and radio programs explaining the tax (es) in budget 2018 and the bigger picture on why we want …
Here’s the next weapon in the battle for BC Housing Affordability
March 30, Vancouver Sun. By Douglas Todd: http://vancouversun.com/opinion/columnists/douglas-todd-heres-the-next-weapon-in-the-battle-for-b-c-housing-affordability As quoted in the article: Douglas Todd: Here’s the next weapon in the battle for B.C. housing affordability Attorney General David Eby is working on new rules to close the so-called bare …
Our new budget is out! Strong measures on housing, childcare, and healthcare–making BC more affordable for those that live and work here.
VICTORIA February 20, 2018 — Budget 2018 carves a new path to shared prosperity for everyone in our province with a made-in-BC child care plan, a comprehensive housing plan and record levels of capital investment in every corner of our province, …
Housing and trans-national money laundering: an update on what I’ve been doing as AG to address the housing crisis in BC
As you may know, my colleague Carole James is working on several measures related to speculation, loopholes and tax evasion in the housing market in conjunction with the preparation of our February budget. As I have more information I can …
CKNW: David Eby on BC’s Affordable Housing Agency Using Taxpayer Money To Make Life Easier For Vancouver Developers
Steele and Drex | March 13 2017 Listen to the radio clip here: https://omny.fm/shows/steele-drex/david-eby-ndp-housing-critic-on-bc-s-affordable-ho