BC Gov Investing in REIT for Employed Pensions Through BCI

Yes, the BC Government invests in Real Estate Investment Trusts (REITs) and other real estate assets through the BC Investment Management Corporation (BCI), which manages pensions for public sector employees, including BC government workers.

BCI has a significant real estate portfolio managed through QuadReal Property Group, a global real estate investment, development, and management company. Their real estate holdings include direct ownership of properties and investments in REITs, both in Canada and internationally.

We have a housing affordability problem and the Government is investing in the very thing that takes homes away from our citizens to fund our pensions. We should demand that investments are not upon the misery of others. Let’s do better