Northern Rockies Regional Municipality Mayor Bill Streeper has purchased a multi-million dollar condo in Vancouver's new Trump tower, according to a report in the Vancouver Sun.
In an analysis of public real estate records, the newspaper found Streeper purchased a $3.8 million unit in the Trump-branded Vancouver development.
According to the report, the mayor of the regional municipality which includes Fort Nelson purchased a 55th floor unit assessed at $3,897,000.
The purchase was made through an Alberta numbered company, the report found.
"The company lists Streeper as its sole director. Streeper owned an oilfield company and is president of Hardcastle Developments, which is described on its website as one of the largest real estate companies in Northeast B.C.," according to the Sun report.
Streeper inquired about the building's opening date in a August 30, 2016 post on Trump International Hotel & Tower Vancouver's Facebook page.
Reached by phone, the mayor declined to say anything else about why he purchased the unit.
"It's a personal affair and it's my business," he said. "It has no connection whatsoever to my position as mayor of the Northern Rockies."
The tower's 214 units were reportedly sold-out in May 2016. The price per square foot set a Canadian record, according to the Sun report.
Fort Nelson has been among the towns hardest hit by the oil and gas downturn. The average home lost 50 per cent of its value in 2016, according to statistics released by BC Assessment this month.
—this article had been updated to clarify the ownership of the building.