Ian Young
Ian Young

SCMP Columnist

The Hongcouver by Ian Young

Canada tax chiefs knew foreign money’s big role in Vancouver housing market 20 years ago, leaked documents show, but they ‘ignored’ auditors’ warning

Team of investigators tried to raise alert about tax cheating after 1996 analysis found rich new immigrants dominated luxury property market, buying 93 per cent of homes in two cities, while declaring extremely low incomes