The BC government has announced loan guarantees for property owners in the Kawichan Aboriginal title area after court rulings created uncertainty around mortgages and lending. While private land titles were never invalidated, banks grew cautious, prompting the province to step in as a financial backstop. Supporters see this as stabilizing homeowners and businesses, while critics argue it’s damage control for a preventable crisis—one that will ultimately shift risk onto taxpayers.
British Columbia
Canada
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