The B.C. government is set to introduce Canada’s first mandatory cooling-off period for home buyers. Under new rules that take effect January 1, 2023, buyers will have three days to back out of an agreement, so long as they pay a 0.25 per cent penalty to the seller. Aaron McArthur reports.
Global News Hour at 6 BC
Sober second thought for panicked home buyers
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Global News Hour at 6 BC: Feb. 22
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