BC NDP promise $400 yearly tenant rebate

John Horgan

NDP Leader John Horgan will make life more affordable, create 96,000 jobs, build 114,000 homes, and fix the services people count on as part of his plan to build a better BC.

Horgan says the yearly housing subsidy would apply across the entire province and be available to all tenants, regardless of their income.

"We want renters to know that if they're renting a place in the Lower Mainland, on the Island, in the interior, wherever they may be, they have access to this grant".

The two-per-cent tax on a property's assessed value would give the government $200 million a year in additional revenue, the party said.

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When asked about the NDP's new platform of subsidizing households that choose to rent, Clark says only wealthy renters in Downtown Vancouver will benefit.

Housing advocate Kishone Roy welcomed the NDP's proposal, calling it a first step to addressing affordability issues. "Why should there be tolls for people who live south of the Fraser River?"

Gaudet said if the New Democrats were to win the election, the province would return to the "dark days" of the 1990s. It would also increase capital spending by $7 billion over three years.

"And then you add in a $1.5 billion child care plan", Clark said. Provincewide, the vacancy rate is 1.3 per cent, and 0.8 per cent in Vancouver.

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"If there is not enough rental housing in the province, it's partly because we still need cities to get to work and zone more rental housing".

She called the firm that employs about 65 engineers and scientists an example of "a homegrown B.C. tech success story".

"I hope people will say we have delivered for the community, from the $41 million water treatment project, the upgrades on Westside Road and those still underway, introduction of new BC Hydro transmission line, to investments in the hospital, airport and the invasive mussels inspection program", she said.

"Today it's tech, tomorrow it'll be LNG", she said.

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Clark said focusing on the tech sector was not diverting her efforts to grow the liquefied natural gas industry, which was her focus in the 2013 election campaign.

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