Krusty was forced to get into the house through an Okanagan by-election months later.
This is no small accomplishment considering it's the policies of the Bank of Canada, CMHC and federal government that are to blame, not the BC Provincial Government.
It struck a chord with the public and Eby was making massive inroads into the BC Libs political support.
Finally she cracked, backtracked and bowed to the pressures of the Real Estate Developers - to the major donors to BC Lib political coffers.
“It’s when prices become dangerously detached from economic fundamentals and start rising strongly simply because people believe they will keep rising strongly, encouraging more buying."
So here you have Canada's major banks finally calling the situation for what it is. And in the midst of it all, Krusty and the BC Liberals are throwing gasoline on a raging fire by gutting the 15% Foreign Buyers tax and introducing the new 'first time homebuyers' giveaway. And it appears to be directly linked to threats by BC Real Estate Developers to yank political donations.
You have to wonder if there is a backstory within the BCNDP here.
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