The Globe and Mail reports in its Thursday edition that B.C. Premier David Eby has rebuffed calls by property developers to loosen restrictions on foreign investment in the housing sector, saying he does not want to return to the old system that allowed rampant and uncontrolled foreign investment in Canadian housing. Globe stringer Frances Bula writes that the Premier was responding to an open letter from B.C. developers that argued without the loosening of the rules, the construction of new housing will become more difficult when the country is grappling with a housing shortage. Mr. Eby noted Wednesday that B.C. chose to impose a tax rather than institute a complete ban on foreign housing investment. "Look, if you're a foreign buyer, you want to buy, you want to benefit from our public services, from our police services, from our schools, from our hospitals, you don't get to just buy a property here and pay your income tax somewhere else and not support those services," he said, speaking at a news conference on a new liquid natural gas facility in Northern B.C. Scott McLellan, chief operating officer at Toronto developer PlazaCorp, said earlier this week that foreign investors are "paramount to our industry."