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British Columbia

Strata changes spook owners

Owners of commercial stratas may be forced to deal with a problem traced to poorly managed residential condo buildings. "The [B.C.

Can't afford a Vancouver home? Find leverage in Phoenix

B.C.-born Janet LePage, 30, principal of Vancouver- based Lepage Property Investments Ltd. has advice for other Gen-Yers who can't afford to buy a Vancouver house: buy in Phoenix, Arizona and leverage into the Vancouver market.

HST transition rules outlined

The B.C. government is raising the price ceiling for new home rebates under the harmonized sales tax (HST) and has announced that the controversial tax will officially end on April 1, 2013.

Home foreclosures up 10-fold in Okanagan

At least 80 foreclosed homes have been shoved onto the slow Kelowna real estate market since January 1, according to local real estate agents, who say the trend reflects a four-year downturn in the once white-hot Okanagan market.

Strata changes could shock some condo owners

Some B.C. condo owners and business people who bought their working space may be "shocked" next month as changes stream into the strata market, observers say. “The [B.

Heated hearings open on Gateway pipeline pitch

What are expected to be heated hearings opened last month as the federal government weighs a decision to allow the proposed Northern Gateway pipeline project to proceed.

B.C. economy dips to 5th in Canada

The British Columbia economy ranks fifth in Canada but it is number one in environmental quality and health services, according to the latest and last study by the BC Progress Board. B.C.

Speculators target Kitimat

Real estate speculators are apparently targeting Kitimat, the B.C. northern port city that would be the western terminus of the proposed $6.6 billion Northern Gateway pipeline. The town is also near a new $4.

Safeway sells Burnaby site

Canada Safeway Ltd.'s former distribution complex in Burnaby now belongs to Ledingham McAllister. The Vancouver developer acquired the 48-acre site from Safeway on December 15 for approximately $125 million.

Kamloops’ pit split

They may soon see those big-spending mining days return, if the backers of the $800 million open-pit Ajax Mine have their way.