Beginning Aug. 1, 2021, people buying or selling property will benefit from more efficient and co-ordinated regulation as BC Financial Services Authority will become the sole regulator for B.C.’s financial services sector, including real estate.

British Columbians are encouraged to share what is important to people, businesses and communities in B.C.’s Budget 2022, as the province moves further into economic recovery and looks toward a pandemic-free future.

The Government of British Columbia is undertaking consultations on possible legislation to address the non-consensual distribution of intimate images, also known as image abuse or “revenge porn”.  

Transparency information on interest holders of B.C. real estate is available for public search in the Land Owner Transparency Registry, giving law enforcement and tax authorities a significant tool to combat money laundering in the real estate market.

Approximately 600 instances of gendered language across 15 ministries' regulations have been updated to reflect the diversity of the people served by the B.C. government.

People buying or selling a home will benefit from a real estate industry with more efficient and co-ordinated oversight from BC Financial Services Authority (BCFSA).