Housing minister gives outline of new legislation to tackle B.C. housing crisis
Housing Minister Ravi Kahlon says the province will be tabling more than 12 new pieces of legislation this fall in an attempt to tackle B.C.'s housing crisis.
He says high interest rates, a surge in population and the effects of the pandemic have contributed to the province's lack of housing supply, which is continuing to drive up prices for buyers and renters alike.
Kahlon has alluded to targeting short-term rentals as one piece of the forthcoming legislation, but has so far been tight-lipped on specifics.
Asked about the issue again Friday, he also declined to give details.
"Short-term rental homes in B.C. are diverting too much long-term rental housing off the market," said Kahlon at a news conference in Saanich.
"We've heard from local governments and from various studies that have been done that they're taking away rental housing people desperately need and driving up rents and the proposed legislation that we're bringing will make it easier for local governments to ensure that short-term rental platform folks play by the rules."
The minister did not provide details on how the province would help municipalities with enforcement but did say there would be an increase to the maximum fine of $1,000 to short-term rental hosts who violate the rules. He did not, however, say how much the increase would be.
The province also plans to focus on altering zoning laws, an issue addressed by Vancouver City Council earlier this month.
"That will enable small-scale multi-unit homes like duplexes, triplexes and townhomes to be built on land currently zoned for single-family detached homes," said Kahlon.
Kahlon says other proposed legislation involves speeding up permitting at the municipal and provincial level, and allowing basement and secondary suites in every B.C. community. Details of those plans were released earlier this month.
CTVNews.ca Top Stories
Statistics Canada reports real GDP grew 0.3 per cent in October
Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.
Trump again calls to buy Greenland after eyeing Canada and the Panama Canal
First it was Canada, then the Panama Canal. Now, Donald Trump again wants Greenland.
LIVE UPDATES Parts of Ontario under snowfall warning Monday as holiday travellers hit the road
Holiday travellers and commuters could be in for a messy drive on Monday morning as a significant round of snowfall moves into the region. Here are live updates on the situation in Toronto.
King Charles ends royal warrants for Ben & Jerry's owner Unilever and Cadbury chocolatiers
King Charles III has ended royal warrants for Cadbury and Unilever, which owns brands including Marmite and Ben & Jerry’s, in a blow to the household names.
U.S. House Ethics report finds evidence Matt Gaetz paid thousands for sex and drugs including paying a 17-year-old for sex in 2017
The U.S. House Ethics Committee found evidence that former Rep. Matt Gaetz paid tens of thousands of dollars to women for sex or drugs on at least 20 occasions, including paying a 17-year-old girl for sex in 2017, according to a final draft of the panel's report on the Florida Republican, obtained by CNN.
The rent-a-friend industry is booming among Canada's Chinese diaspora
Dozens of people are offering rent-a-friend services on Xiaohongshu, a social media platform also known as Little Red Book or China's Instagram, in cities including Vancouver, Calgary and Toronto.
Nordstrom agrees to US$6.25B buyout deal from founding family
Nordstrom said on Monday it would be acquired by its founding family and Mexican retailer El Puerto de Liverpool in an all-cash deal valuing the department store chain at about US$6.25 billion.
Biden gives life in prison to 37 of 40 federal death row inmates before Trump can resume executions
U.S. President Joe Biden announced on Monday that he is commuting the sentences of 37 of the 40 people on federal death row, converting their punishments to life imprisonment just weeks before president-elect Donald Trump, an outspoken proponent of expanding capital punishment, takes office.
Green Party's Elizabeth May reflects on unprecedented week in Canadian politics
Elizabeth May says in all her years on Parliament Hill she has never seen anything like the last week in Canadian politics.