Kelly Sinoski, Vancouver Sun, July 26, 2016
Metro Vancouver mayors hope a new housing fund announced by Premier Christy Clark will be used to help resolve a “desperate need” for affordable housing across the region.
Clark announced Monday a 15-per-cent foreign buyer tax on all residential real estate deals in Metro Vancouver — from Bowen Island to Langley Township — starting Aug. 2. Revenue would go into a special housing fund for housing affordability projects,