The British Columbia government announced a $500-million fund on Thursday, January 12, 2023, to help the non-profit housing sector purchase rental buildings and save them from "housing speculators and profiteers," whose property flips often lead to tenant evictions.
BURNABY, B.C. - The British Columbia government says it will save rental homes and protect tenants from "housing speculators and profiteers" with the creation of a half-a-billion-dollar Rental Protection Fund.