Close X
Thursday, November 14, 2024
ADVT 
National

BC United calls premier 'condo king' over his property sale; Eby says 'nonsense'

Darpan News Desk The Canadian Press, 24 Oct, 2023 04:03 PM
  • BC United calls premier 'condo king' over his property sale; Eby says 'nonsense'

The sale of Premier David Eby's condominium in Victoria has become embroiled in the debate over the New Democrat government's proposed law on short-term rental accommodations. 

The Opposition BC United accused Eby on Tuesday of largely profiting from the sale of his condominium in 2019 because it was in a building complex that did not have rental restrictions.

Housing critic Karin Kirkpatrick told the legislature that Eby sold the condo for $150,000 more than he originally paid, capitalizing on the province's explosion in short-term rentals.

The government introduced proposed legislation this month that takes aim at rapidly expanding short-term rentals in B.C. in an effort to increase badly needed long-term rental housing.

Renee Merrifield, an Opposition member of the legislature from Kelowna, referred to Eby in the house as "condo king," who cashed in by selling his Airbnb-friendly apartment.

But Eby calls the dispute a "manufactured scandal," saying he sold the condo where he was living with his family to buyers who bought the property for one of their children attending post-secondary education in Victoria.

"I did not market the property for short-term rental," Eby said at a news conference at the legislature. 

 

MORE National ARTICLES

Man dies in Hope shooting

Man dies in Hope shooting
The province's homicide investigation team has been called in after a man was fatally shot in Hope. R-C-M-P say they were called just before 3 a.m. on Sunday and found a 28-year-old man who had been shot and killed.

Man dies in Hope shooting

Ottawa 'shouldn't walk around with a stick' to enforce health deals: Holland

Ottawa 'shouldn't walk around with a stick' to enforce health deals: Holland
Newly appointed Health Minister Mark Holland says he doesn't want to go waving a stick around as he negotiates the final details of a health accord with provinces and territories, and it'll largely be up to Canadians to hold them accountable. All provinces except Quebec accepted the $198-billion deal in principle earlier this year and are expected to sign final agreements before the end of 2023.

Ottawa 'shouldn't walk around with a stick' to enforce health deals: Holland

PharmaCare covers medicine to treat rare diseases

PharmaCare covers medicine to treat rare diseases
The province says its PharmaCare program now covers medications used to treat rare diseases such as A-L-S. The Ministry of Health says the oral form of edaravone, which is used to treat A-L-S patients, will be added to the PharmaCare formulary as a limited-coverage benefit.

PharmaCare covers medicine to treat rare diseases

Shortage of diabetes and weight loss drug Ozempic expected in Canada: manufacturer

Shortage of diabetes and weight loss drug Ozempic expected in Canada: manufacturer
A shortage of diabetes drug Ozempic that is used off-label for weight loss is expected in Canada, the manufacturer says. Health Canada says intermittent shortages are expected from late August to early October.  

Shortage of diabetes and weight loss drug Ozempic expected in Canada: manufacturer

Feds could spur rental construction with tax incentives, financing: experts

Feds could spur rental construction with tax incentives, financing: experts
Strong demand for rentals and a shortage of homes are both contributing to soaring rental costs. And that's making it even more difficult for people to save money for down payment on a home. For most minimum-wage workers, affording these rents with their earnings is impossible. 

Feds could spur rental construction with tax incentives, financing: experts

Home prices in Canada continue to rise

Home prices in Canada continue to rise
Home prices in Canada continued to rise last month, the fourth consecutive monthly increase. Eight of the 11 markets in the composite index were up in July led by Halifax at 4.9 per cent, Vancouver at 3.9 per cent and Toronto at 3.5 per cent.

Home prices in Canada continue to rise