Canada has had a reputation as an open, transparent, trustworthy society, which operates on the principles of “peace, order and good government.” But when it comes to stopping billions of dollars of illicit money funnelling into Canadian real estate, our elected officials don’t deserve their status. The governments of Canada and B.C. have consistently failed
One of the keys to unlocking Metro Vancouver’s housing affordability crisis is a focus on building more space for middle class families, the Greater Vancouver Board of Trade says. In a report issued this month, the board offered up seven suggestions for how the region could improve its “D” grade in affordability and economic competitiveness.
Affordability in Vancouver has improved slightly following the implementation of the foreign-buyer tax in August, but it remains a “major vulnerability” in the city, according to an RBC report released April 24. This doesn’t mean a crash is likely, however, because the city’s employment situation is solid, according to the report. The jobless rate in
