21-06-2018 01:34 via huffingtonpost.ca

B.C. To Crack Down On Anonymous Home Ownership With Public Registry

VANCOUVER — British Columbia said on Wednesday it is preparing legislation to crack down on "hidden ownership" in real estate and pledged Canada's first public registry of property owners, amid concerns that offshore money and criminal investors are helping fuel a housing crisis in the Pacific Coast province.Real estate investors in British Columbia are able to buy housing using numbered companies, corporations and offshore and domestic trusts, which obscure true ownership and can be used
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