British Columbia Cracks Down on Foreign Housing Speculators

In its latest attempt to curb fast-rising home prices, the Canadian province of British Columbia said Tuesday it would introduce stiffer measures targeting offshore investors looking to park their cash in Vancouver properties.

British Columbia’s move marks the second time in less than two years the West Coast province has intervened to tamp down house-price gains, which the government said has led to a housing crisis. More broadly, it is also the latest effort by lawmakers in far-flung places like Australia, New Zealand and...