UBCM seeks measures to cool real estate speculation in B.C.

The province’s municipal politicians brought a sharp new focus Thursday to finding effective ways to cool intense foreign and domestic speculation in housing.
The Union of B.C. Municipalities announced 32 recommendations designed to fix the home ownership and rental crises that have devastated many residents of Metro Vancouver.
“B.C.’s housing policies are no longer working,” said Port Coquitlam Mayor Greg Moore, chair of the Metro Vancouver regional district. He emphasiz