Globe and Mail: BC's loans for first time home buyers saw little pickup last year, report finds

EXCERPT:

Jock Finlayson, executive vice-president of the Business Council of B.C., said the government should scrap the program and instead look at policies that temper, rather than fuel, demand.

"If policymakers are worried about upward pressure on prices, they should not be undertaking programs that stimulate demand," he said.

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