British Columbia

B.C.'s old provincial sales tax (PST) did not apply to digital downloads, notes Vancouver tax analyst and lawyer Terry Barnett, but that will change when the new PST replaces the harmonized sales tax (HST) on April 1.

The troubled 1,000-acre Tobiano golf resort near Kamloops, ranked as among the top 10 courses in Canada, could be sold for less than half the $31 million owned to creditors, according to realtors close to negotiations.

Retail centres account for all five of the most expensive commercial real estate in Victoria, according to BC Assessments, but local realtors say the assessed values are likely far less than their true market value in the capital regional district (C

Noted Vancouver housing analyst Frank Schliewinsky is predicting a near collapse in MLS condominium sales across most of Metro Vancouver this year, with sales falling by as much as 50 per cent from a depressed 2012.

Royal Canadian Legions (RCL) are rich in property but low in funds and membership, which has resulted in some unique agreements with developers for some prime legion sites. There are 158 Legions across B.C.

Senior citizens who were expected to pack into retirement residences have instead opted to stay home. This has left hundreds of luxury suites in high-end B.C. retirement homes sitting vacant. According to Canada Mortgage and Housing Corp.

The Burns Lake mill destroyed by an explosion and fire last January will be rebuilt. The Babine Forest Products owners, U.S.-based Hampton Affiliates, said the financial challenges connected to timber supply will not stop reconstruction efforts.

"We needed a more central location," said McIver, adding that most of his brokers and potential clients already live south of the Fraser River.

But there are finally signs that investors are waking up to that fact. The first sign of real recovery is a bid by Cushman & Wakefield to market more than 100 acres of former industrial waterfront. Squamish Oceanfront Development Corp.

The perceived rush of U.S. retailers into Canada is cooling because of higher costs in Canada and a sharp recovery in U.S.