Tuesday, August 2, 2016

B.C. Condo Marketer Bob Rennie Accused Of Advance Knowledge Of Foreign Real Estate Buyer Tax


The B.C. NDP is accusing the province's top condo marketer, Bob Rennie, of getting advance notice on a new 15-per cent tax on foreign homebuyers — but Rennie is adamantly denying the allegation.

In a letter to Premier Christy Clark, Eby said it was "easy to speculate" why the government would do such a thing: Rennie is the chair of the B.C. Liberals' fundraising committee but also the so-called "Condo King" and an influential real estate marketer.

"This information is highly valuable," Eby said on Tuesday. "He's almost uniquely positioned to profit from the information, [which] raises a whole lot of questions: who told Mr. Rennie, did he use the information, did he act on it, did he tell anyone else?"

bit.ly/2Tg9UkG via @CBCNews

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