B.C. NDP pledges more Crown land for housing, raises speculation tax

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B.C. NDP pledges more Crown land for housing, raises speculation tax
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The B.C. NDP unveiled its election platform, focusing on increasing affordable housing through measures like providing more Crown land and raising the housing speculation tax. The platform would add nearly $3 billion to the projected deficit.

The B.C. NDP pledges to provide more Crown land for non-market and co-op housing and raise the housing speculation tax among measures to boost housing.

B.C. NDP Leader David Eby announced the platform in the riding of Surrey-Serpentine River, where former RCMP officer Baltej Singh Dhillon is running for the his party against B.C. Conservative and former Surrey mayor Linda Hepner, and independent Jim McMurtry. The B.C. NDP becomes the second party to release its election platform after the B.C. Greens had released theirs on Tuesday in Victoria. Conservative Leader John Rustad did not give a specific date when his party would roll out its fully-costed platform, but this morning promised additional announcements in the coming days.

Other housing elements of note include the elimination of 'no pet' clauses for purpose-built rental apartment buildings and"cracking down on the inflated cost of buying a home" with details to be announced later.

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