The B.C. government will examine questionable activities in the real estate industry and the effectiveness of its regulator, as a result of a Globe and Mail investigation into how real estate agents are profiting from speculation in Vancouver’s hot housing market.
“We are trying to ensure that agencies like the Real Estate Council representing the people in the industry will regulate themselves and bring forward any changes that they feel will ensure that people are looked after,” cabinet minister Peter Fassbender said.
KATHY TOMLINSON – Globe and Mail – Feb 08, 2016.