MP calls for data on foreign ownership

Tuesday, May 12th, 2015

Jamie Henry

Kennedy Stewart, the MP for Burnaby, has once again called for a housing study to be conducted by government agencies and for these to include data on foreign ownership.

Stewart says that CMHC and Statistics Canada need to do the work as cities don’t have the time and resources to do so.

Speaking to Burnaby Now he said: “It could be that there’s a lot of foreign investment, and we get the sense that seems to be in Burnaby. We don’t really know the extent of whether this is happening or not.”

The MP tabled a motion last year calling for similar action but it is unlikely that it will be debated before the election. 

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