The BC Liberals today announced a $1.75 billion housing strategy.
Photo by Hannah Scott
BC Liberals unveil housing strategy
Published 4:01 PDT, Fri October 16, 2020
As part of their plan to create more affordable housing options for homebuyers and renters, the BC Liberals today announced a comprehensive housing strategy.
“Today, we are presenting a $1.75 billion housing plan that will dramatically increase supply, remove barriers to new housing developments, and make renting and homeownership more affordable for British Columbians,” said BC Liberal Leader Andrew Wilkinson. “Our housing platform is backed up with serious money—$1.75 billion over three years in capital funding and $146 million in new operating funding—to increase supply and affordability across the entire housing spectrum so that all British Columbians can have a place to call home.”
Wilkinson added the Liberals’ housing plan will also provide “real relief” for condo and townhome owners affected by the strata crisis, implement higher property-taxes for non-residents of Canada, and modernize the outdated permitting system.
“We need to restore confidence in the housing market and rebuild BC so that everyone can have an affordable place to call home,” he said.
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