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British Columbia

Why B.C.’s new real estate speculation tax is not a speculation tax

The new so-called speculation tax introduced last week in B.C. Budget 2018 is really a non-resident owner tax, editor-in-chief Joannah Connolly says
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Smart REITs are playing the land development card

Smart REITs are playing the land development card

Timbercreek senior managing director Corrado Russo sees potential of double-digit returns on real estate investment trusts despite higher interest rates
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25,000-square-foot Lumby cannabis facility to break ground

25,000-square-foot Lumby cannabis facility to break ground

True Leaf Medicine Inc. purchased 40 acres of land in Lumby for $3.3 million in December - phase one of the site's construction plan kicks off March 2nd
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Vancouver mall sales total $600M

Vancouver mall sales total $600M

Eight Vancouver mall transactions led the way in retail investment property sales during the first half of 2017
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Avigilon’s US$1B sale yanks potential anchor from Vancouver tech sector

Avigilon’s US$1B sale yanks potential anchor from Vancouver tech sector

Efforts to develop major companies in B.C. face setbacks from deep-pocketed buyers
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‘Dual agency’ real estate rules booted to June

Industry concern cited while commercial agents call for separation from residential
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B.C. Budget 2018: Reaction to affordable housing policies

From happy to frustrated, industry representatives and economists weigh in
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B.C. Budget 2018: Foreign buyer tax expanded, 2% speculation tax by 2019

B.C. Budget 2018: Foreign buyer tax expanded, 2% speculation tax by 2019

Nearly $7 billion towards housing supply is "the single biggest investment in housing in the history of our province," says B.C. finance minister
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SPUD to open 74,000-square-foot warehouse in Burnaby

SPUD to open 74,000-square-foot warehouse in Burnaby

Food delivery company’s partnership with a large grocer makes expansion possible
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Avigilon closes $108M sale of downtown Vancouver office tower

Avigilon closes $108M sale of downtown Vancouver office tower

Vancouver tech firm makes tidy profit after purchasing tower for $42 million in 2015
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