If you’ve been following my reporting on Vancouver real estate and the issues surrounding the explosion in prices the past year to 18 months. then you’ll know one of the major obstacles for BC is the Quebec Investor Immigrant Program.
Recently Premier Christy Clark raised the issue with Quebec Premier Philippe Couillard hoping to fix the problems.
I spoke with immigration lawyer Richard Kurland to learn more about this program, its effects on BC, and what might be done to deal with it.
Watch as Kurland explains that BC could set up their own program, which surprised me.
What do you think? Should BC set up its own program and rake in extra cash as Richard suggests, or are you skeptical too that it would go into general revenue, resulting in more government spending rather than making Vancouver more affordable?