Vancouver city council upped the empty homes tax from three per cent of a property’s value to five per cent in 2022, but now staff is recommending it shift back to three per cent.
Tong worked as BC Housing's vice-president of development and asset strategies, but began acting as CEO in September last year following the retirement of Shane Ramsey.
Representative Justin Moed says the JPC housing crisis is a wakeup call for lawmakers, showing how the city barely has authority to step in when it comes to nonprofits.
Apartment buildings owned by bad-acting landlords who were sued by the city have been sold. JPC Affordable Housing agreed to sell its properties after months of refusing to pay utility bills.