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British Columbia

Richmond: A rapid transit

But unlike other municipalities, Richmond can build only so high out of respect for air traffic in and out of Vancouver International Airport on Sea Island.

Chinese investors plan underground BC coal mines

A consortium of two Chinese coal companies and a steel maker are working with a Vancouver-based Chinese company to develop hundreds of millions of dollars worth of unique underground mines in northern B.C.

Burnaby will welcome next wave of Asian homebuyers

Burnaby is expected to capture the next wave of homebuyers from Mainland China after these investors are crediting with dominating the housing market in both the Westside of Vancouver and Richmond over the past year.

Arab spring warms northeast B.C. real estate market

It is a long way from Tripoli to Fort St. John, but the 'Arab spring" that is apparently transforming oil-rich Middle East countries is having an impact on real estate in this northeast B.C.

Big players dumping Metro apartment buildings

Large institututiional investors are cashing out their apartment buildings in Metro Vancouver as prices have soared to record highs and capitilization rates have fallen to record lows.

Commercial real estate returned 13.7%

Vancouver commercial real estate posted one of the strongest performances in Canada last year, with an average 13.7 per cent return on investment, according to the REALpac/IPD Canada annual property index.

Dawson area farmers frozen out of gas plays

Pavlis said a lot of farmers have set up second businesses in spite of the commission's rules. "Everybody's doing it," he said.

Industrial strength competition

CB Richard Ellis (CBRE) managing director Mark Renzoni described January as the busiest month for sales of Metro Vancouver industrial properties in several years while setting the stage for panellists at the recent breakfast of commercial real estate

Buyers beat new mortgage rules

Mortgage lenders in B.C. are seeing an uptick in applications as residential buyers attempt to get loan approvals before new mortgage rules coming into effect March 18, according to Canadian mortgage professionals.

Thompson takes over Mt. Milligan

Thompson Creek Metals Co. Inc. has completed its purchase of Terrane Metals Corp. in a cash and stock purchase deal valued at approximately $700 million.