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British Columbia

It's the best time to invest in Kelowna, analyst says

It's the best time to invest in Kelowna, analyst says

Kelowna offers higher returns on real estate investment than Vancouver and boasts a host of new developments at lower costs
Commercial real estate sales dip below 2016 record high

Commercial real estate sales dip below 2016 record high

Declining sales in land and industrial sectors led the 32 per cent decrease in year-over-year transactions
City of North Vancouver to collect higher fees for denser developments

City of North Vancouver to collect higher fees for denser developments

Developers will now have to pay a heftier amenity contribution rate based on the project's square footage
Two more Vancouver Chevron stations sold for redevelopment

Two more Vancouver Chevron stations sold for redevelopment

With three more sites currently for sale, Chevron continues to sell off locations, profiting off their redevelopment potential
Mortgage restrictions prevent mobile home refinancing

Mortgage restrictions prevent mobile home refinancing

Brokers warn, “the federal government flat-out eliminated refinance options for tens of thousands of Canadian families"
Whistler’s Pangea Pod Hotel first micro accommodation in Canada

Whistler’s Pangea Pod Hotel first micro accommodation in Canada

The centrally-located hotel is somewhere between a hotel and a hostel, with private, capsule-like sleeping quarters and communal spaces
Foreign investment continues to bolster Canadian hotel market

Foreign investment continues to bolster Canadian hotel market

Foreign capital accounted for 67 per cent of total transaction value in 2016, or $2.75 billion
Largest industrial park in Metro Vancouver seeks tenants

Largest industrial park in Metro Vancouver seeks tenants

A $350-million industrial development in Richmond is ready to begin construction once first tenants have signed on
Okanagan housing demand drives up land prices

Okanagan housing demand drives up land prices

A significant portion of Kelowna's land is tied up in the Agricultural Land Reserve, making available development parcels especially valuable
BC Hydro to purchase remaining interest in Trail’s Waneta Dam

BC Hydro to purchase remaining interest in Trail’s Waneta Dam

The company already holds a one-third interest in the dam and will pay $1.2 billion to acquire full ownership