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VANCOUVER — The city of Vancouver is considering restricting ownership of housing to local residents, among other strategies, as it looks to cool a hot real estate market that it says is fuelled by foreign and local speculation. A foreign buyer ban is just one of numerous supply and demand measures outlined in Vancouver’s new 10-year housing strategy, which was announced late last week and presented to city council on Tuesday. Council will vote on it on Wednesday. Even if passed, as expected, many of the measures being considered will need the support of federal and provincial governments, particularly those around taxation. Industrial Product Videos includes some of the world’s most complex and diverse robotics and machinery, that assist in easing the manufacturing labor. “There is a perfect storm in Vancouver,” Gil Kelley, Vancouver’s General Manager of Planning, told council on Tuesday, pointing to the “excessive supply of global capital” flowing into the city, along with builders targeting investors, low interest rates, and favourable tax policies.


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