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.

The Province, through BC Housing, is buying a hotel in Surrey to provide nearly 30 homes with supports for people experiencing homelessness.

Selina Robinson, Minister of Finance, has released the following statement on the government’s actions to provide relief to commercial tenants with landlords that have added the cost of the speculation and vacancy tax into their triple-net leases:

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Businesses can grow back bigger and stronger following the pandemic, with up to half-billion dollars in expected rebates available for purchases or leases of select machinery and equipment, including tools, furniture, computers, software and zero-emission vehicles.

Regional districts in B.C. will receive $10 million to support local services and operations, building on the historic COVID-19 relief and recovery supports provided to communities.