B.C. Premier says affordable housing is a stumbling block to economic growth
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VICTORIA — Premier John Horgan says B-C boasts Canada’s strongest economy and lowest jobless rate, but growth is threatened by a shortage of affordable housing for workers and their families.
Horgan told the Greater Victoria Chamber of Commerce yesterday that if a community can’t provide housing for workers, then they can’t sustain local economies.
He says it’s a problem the provincial government is trying to solve through last week’s budget and the 7 billion dollar investment it promised last year in a decade-long affordable housing strategy.
Catherine Holt, the chamber’s chief executive officer, says she agrees with Horgan about the housing problem, saying that workers are bypassing good jobs in Victoria because they can’t find places to live.
