B.C. cities call for tax changes to address housing affordability
VANCOUVER — A group that represents municipalities in British Columbia is calling for significant tax and regulatory changes for a comprehensive approach to more affordable housing.
The Union of B.C. Municipalities has issued a report containing 32 recommendations for provincial and federal governments based on research and best practices from across Canada and around the world.
Mayor Greg Moore of Port Coquitlam led the initiative for the union and said there are numerous reasons for the crisis in housing affordability that require a “multitude of solutions.”
“The frustrating part that I see is many individuals and associations come out and say, ‘Well if we just did (housing) supply then everything would be solved.’ Well it’s much more sophisticated than that,” he said.