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British Columbia

Lheidli T'enneh planning new gas-linked industrial park

Lheidli T'enneh planning new gas-linked industrial park

The new chief of Lheidli T'enneh First Nation confirms support of gas industry as Nation develops a 40-acre industrial park with partners near Prince George
Seeking yields in Northern B.C.’s multi-family market

Seeking yields in Northern B.C.’s multi-family market

Multi-family investors find capitalization rates as high as 10 per cent in Northern B.C. towns, but such rates also reflect risk in the boom-and-bust region
Amazon plans massive ‘robotic’ distribution centre in Richmond

Amazon plans massive ‘robotic’ distribution centre in Richmond

E-commerce giant's 450,000-square-foot fulfillment centre at Port of Vancouver among plans for five new distribution hubs in Metro Vancouver
Buying a business: beyond the down payment

Buying a business: beyond the down payment

While cash equal to 20 to 30 per cent of the price is common, lenders can be flexible and there are options to access any extra funding needed
Industrial strata now more pricey than high-end residential condos

Industrial strata now more pricey than high-end residential condos

Rising lease rates, Canada’s lowest vacancy rate and potential appreciation make strata industrial a hot commodity in Metro Vancouver
Victoria’s building boom creates a mountain of (unwelcome) dirt

Victoria’s building boom creates a mountain of (unwelcome) dirt

‘Thousands of truckloads’ of dirt being hauled and dumped from Greater Victoria building sites draws protests from rural Island communities
Home sales will fall 20 per cent next year: BCREA

Home sales will fall 20 per cent next year: BCREA

Realtor group says current “frenetic” sales pace can’t continue and price increases will also moderate in 2022 after a huge spike this year
April housing sales dip but remain at record high

April housing sales dip but remain at record high

Metro Vancouver sales are 342 per cent higher than a year ago when April transactions fell to a record low as the pandemic chilled the market
Developers get creative as industrial land disappears

Developers get creative as industrial land disappears

Developing in peat bogs and over landfills, sweetening zoning bids and paying record-setting prices for shovel-ready sites continues to pay off
B.C. to temporarily stop taxing homes that do not exist

B.C. to temporarily stop taxing homes that do not exist

Relief from the speculation and vacancy tax on homes that do not and may never exist is only in place for the 2020 tax year