B.C. to spend billions on plan to build more homes to ease housing crisis

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B.C. to spend billions on plan to build more homes to ease housing crisis
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VICTORIA — The British Columbia government will invest billions of dollars to ease a housing 'crisis that is touching people in every corner of the province,' Premier David Eby said.

VICTORIA — The British Columbia government will invest billions of dollars to ease a housing"crisis that is touching people in every corner of the province," Premier David Eby said.

"It's impacting quality of life in our communities and it's holding back our entire economy," Eby said of the housing crisis during a news conference in Victoria. "This means no more long zoning processes just to build a duplex, a triplex or a row home. Without more of these types of homes, we risk pushing more of our next generation out of this province," Eby said.

"We want to understand what that means for local governments, and their planning process and how the rollout of this blanket policy, how that impacts different local governments," she said.Additional legislation will be introduced this year to allow secondary suites in every community across the province, something normally left up to the municipalities.

"If you are holding a home right now that you intend to flip, if you are thinking about buying a home for the purposes of flipping it, the message today is that this tax is coming, it will cost you money.The government is also promising to beef up enforcement of short-term rentals, and streamline and modernize the building permit process to cut costs and speed up approvals.

"We also appreciate efforts to close encampments and better support people experiencing homelessness."

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