19 Jun UPDATE 1-British Columbia cracks down on anonymous ownership amid housing crisis
VANCOUVER, June 20 (Reuters) – 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.
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.
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