OneBC leader Dallas Brodie will introduce a legislation this upcoming fall session to initiate a public inquiry into handlings of this bailout.
This mess should be handled by the market and private businesses, not by the taxpayers of Canada and British Columbia.
The developers who went ahead with over leveraged projects under uncertain economic conditions—need to own this, take the financial hit, and face bankruptcy themselves.
For consumers, price discovery needs to happen; that is the best way forward for everyone.
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