ICBA: Eby's condo tax punishes the people who build homes
BC NDP leader David Eby's new housing tax plan may worsen the housing crisis by punishing builders and stalling new home construction in the province.
The NDP government promised Cowichan Valley families a new hospital for $887 million. The bill is now about $1.45 billion.
• That's $559 million more for the same hospital, a 60% jump.
• Patients won't walk through its doors until 2027, years later than promised.
Yes, prices went up everywhere after COVID. But the NDP made it worse. Their rules limited who could build this hospital, shutting out 85% of B.C.'s construction companies and their skilled workers. Fewer builders competing for the job has turned into higher costs and a longer wait.
And Cowichan isn't a one-off. Across B.C., the NDP is borrowing record amounts for projects that keep running late and over budget, you're stuck paying for every dollar of it.
On October 24, vote for a government that will get B.C. building again.
#BCpoli #BCElection #BuildingBCRight
BC NDP leader David Eby's new housing tax plan may worsen the housing crisis by punishing builders and stalling new home construction in the province.
The NDP's latest changes to the Heritage Conservation Act raise ongoing concerns about hidden complexities and unequal regulations in heritage...
Statistics Canada’s survey highlights the growth of corporate head offices in B.C. and Alberta, underscoring their economic impact and employment...