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British Columbia

New West edges Vancouver as Millennial magnet

New West edges Vancouver as Millennial magnet

Survey of 85 Canadian cities places New Westminster No. 6 as the best city for Millennials to buy a home, raise a family and work – Vancouver ranked No. 13
Woodbridge bails out of Kitimat LNG project

Woodbridge bails out of Kitimat LNG project

Woodbridge follows partner Chevron out the door of Kitimat LNG project, leaving just LNG Canada proceeding
North Shore home sales soar without foreign buyers

North Shore home sales soar without foreign buyers

Despite a near total lack of foreign buyers, North and West Vancouver home sales - and prices - have hit stratospheric levels: up to 60 houses sold for $5 million or more
CanFirst expands Metro Vancouver industrial footprint

CanFirst expands Metro Vancouver industrial footprint

Toronto industrial fund steps in with $104.5 million acquisition of 11 buildings in Surrey and Abbotsford
B.C. rental apartments with shared kitchen, bathrooms pitched

B.C. rental apartments with shared kitchen, bathrooms pitched

Townline Homes pitches ‘communal’ rental tower in Victoria where tenants would share bathrooms and kitchen space, but pay studio rent about 30 per cent below market rates
199 acres of waterfront could be in play

199 acres of waterfront could be in play

BC Hydro power plant site on Port Moody waterfront expected to draw interest due to shortage of industrial land in Metro Vancouver
Lheidli T'enneh planning new gas-linked industrial park

Lheidli T'enneh planning new gas-linked industrial park

The new chief of Lheidli T'enneh First Nation confirms support of gas industry as Nation develops a 40-acre industrial park with partners near Prince George
Seeking yields in Northern B.C.’s multi-family market

Seeking yields in Northern B.C.’s multi-family market

Multi-family investors find capitalization rates as high as 10 per cent in Northern B.C. towns, but such rates also reflect risk in the boom-and-bust region
Amazon plans massive ‘robotic’ distribution centre in Richmond

Amazon plans massive ‘robotic’ distribution centre in Richmond

E-commerce giant's 450,000-square-foot fulfillment centre at Port of Vancouver among plans for five new distribution hubs in Metro Vancouver
Buying a business: beyond the down payment

Buying a business: beyond the down payment

While cash equal to 20 to 30 per cent of the price is common, lenders can be flexible and there are options to access any extra funding needed