Rich Coleman, Minister Responsible for Housing, made the following statement in response to the federal government’s announcement of new home ownership lending and taxation measures:

The September 2016 natural gas and petroleum rights sale has resulted in $2,774,083.54 in bonus bids.

The August 2016 natural gas and petroleum rights sale has resulted in $891,886 in bonus bids.

Changes to B.C.’s Strata Property Act will give strata owners greater flexibility when their property reaches the end of its life cycle or when the strata members want to sell the property.

The July 2016 natural gas and petroleum rights sale has resulted in $488,789 in bonus bids.

Provincial and territorial ministers responsible for housing met in Victoria to discuss their vision and priorities for affordable and social housing in Canada.

The June 2016 natural gas and petroleum rights sale has resulted in $464,797.39 in bonus bids.

The British Columbia government will provide more than 140 additional housing units for people who are homeless in Victoria, including those camping on the courthouse lawn, through the purchase of the former Central Care Home.