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B.C. Condo Buyout Under Fire | Vancouver News
Description
The government’s bold plan to buy 2,200 unsold B.C. condos for affordable housing has sparked controversy, with critics calling it a developer bailout disguised as public good. Conservatives pushed for an ethics probe, citing suspicious Liberal fundraisers where developers paid premium prices — but Liberal members on the committee blocked the investigation, citing summer break and redirecting focus to lobbying and AI. Despite Prime Minister’s admission the program was poorly rolled out, details remain murky, fueling accusations that the deal favors developers over residents.
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