The mayor of Kamloops, B.C., is facing possible foreclosure on his car dealership, but he says it won’t stop him from running for re-election.

A petition filed this week in B.C. Supreme Court says Mayor Reid Hamer-Jackson has stopped paying the mortgage on Tru Market Truck and Auto Sales.

The lender, Beem Credit Union, alleges he owes about $447,000 and he hasn’t been paying property taxes.

The mayor told CBC News he knows he owes the credit union money and he’s trying to sort out his finances after cuts to his mayoral salary.

He put his business “on hold” to work as mayor, Hamer-Jackson added.

“You know, I have no cash flow, but I do have some assets. So, as soon as I sell assets, you know, we’ll get her, get her straightened out,” he said.

The mayor has faced repeated sanctions for breaching the city’s code of conduct, and faced repercussions on his salary as a result.

“They gave me pay cuts up to 50 per cent … so yeah, can’t, can’t make my payments,” Hamer-Jackson said.

A February 2026 report by external investigator Reece Harding found that Hamer-Jackson had acted in a way that was “unwelcome and intimidating.”

It further said that the mayor, found to have breached the city’s code of conduct for the fifth time, owed staff an “unqualified apology.”

But Hamer-Jackson said he won’t apologize and added that the complaints filed against him have cost him about $100,000 in legal fees.

“I’ll be working to, to be re-elected. And then for me it’s just put another gear in the gearbox,” he said.