housing

Rustad calls for audit of BC Housing in regards to purchase of three PG hotels

May 17, 2024 | 2:54 PM

PRINCE GEORGE — Leader of the Conservative Party of BC, John Rustad is calling for an audit of BC Housing after bringing up hotels purchased by the Crown agency here in Prince George.

Rustad made the call for an audit to the Premier in Question Period on Thursday.

The three hotels are the Knights Inn, the North Star Inn and the Lotus Inn. Rustad and the Conservative Party of BC say that the sellers of the hotels profitted massively from the three individual sales, making over 11 million dollars in profit.

Minister of Housing Ravi Kahlon said that the purchase of the hotels was an important measure. Kahlon also mentioned that the government did it’s due dilligence when purchasing the 3 locations.

“Governments have had to go in and purchase buildings, and we do verify through independent bodies to ensure that whatever purchase prices are being used for BC Housing, meet what the market is at.” – Ravi Kahlon, Minister of Housing

The government did not commit to an audit of BC Housing, but Rustad says he’ll continue to call for an audit.

“Something seems to be going on. It doesn’t pass the smell test.” – John Rustad, Leader of the Conservative Party of BC

X: @AdamBerls

Email: Adam.Berls@pattisonmedia.com