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Mayors hope foreign buyer tax revenue will open door to more rental units

Kelly Sinoski, Vancouver Sun, July 26, 2016

Metro Vancouver mayors hope a new housing fund announced by Premier Christy Clark will be used to help resolve a “desperate need” for affordable housing across the region.

Clark announced Monday a 15-per-cent foreign buyer tax on all residential real estate deals in Metro Vancouver — from Bowen Island to Langley Township — starting Aug. 2. Revenue would go into a special housing fund for housing affordability projects,

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B.C. government approves Valemount ski resort master plan

Business in Vancouver, Aug. 17, 2016

The B.C. government on August 17 approved Valemount Glacier Destinations Ltd.’s master plan to build a ski resort up Mount Pierre Elliott Trudeau, near Valemount.

The project has not faced the same opposition that other ski resort projects in B.C. have suffered.

In fact, the project’s developer and consultants had expected the master plan to be approved in January so that there would be enough time for the resort to open on Canada Day 2017.

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Foreign buyers to face tax hike on Metro Vancouver real estate

Rob Shaw, Vancouver Sun, July 25, 2016

VICTORIA — A foreign buyers tax introduced in a surprise move by the B.C. Liberal government Monday may cool the high end of Metro Vancouver’s red hot real estate market, even if it contains several potential loopholes and unintended consequences, say experts.

The new 15-per-cent foreign buyer tax will apply to residential real estate deals in Metro Vancouver — from Bowen Island to Maple Ridge/Langley Township — starting Aug.

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Justin Trudeau to get sobering view of Vancouver’s housing market

Kerry Gold, The Globe and Mail, June 17, 2016

Prime Minister Justin Trudeau is scheduled to meet with a round table of experts on Vancouver’s housing affordability crisis on Friday, just as new data are released showing the extreme nature of the city’s escalating housing problem.

Planner and analyst Andy Yan, who will attend the meeting, has released a comprehensive set of maps that show the rapid rise of assessed house prices over the past decade.

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Propane Uses for Recreational Property and Cabins

Propane1Many of the recreational properties in BC are too far away from power lines for electricity. While we’ve discussed solar power elsewhere, another solution we champion over noisy and polluting gas generators are appliances which run on propane. Yes, the same bottles which hook up to your camping stoves and lanterns also provides you with a cheaper alternative to gas generators and solar power modules.

It is said that propane solutions offer more efficiency,

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Asian drought seeds northern B.C. boon

Frank O’Brien, Business in Vancouver, June 7, 2016

Rain and thousands of hectares of verdant farmland have sparked a new multimillion-dollar industry in the outback of northern British Columbia: harvesting hay and shipping it to drought-stricken livestock producers in China and Korea.

From a standing start four years ago, nearly 10,000 tonnes of hay per year is now being baled and shipped in containers to Asia out of the Port of Prince Rupert.

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Beach Driving – What to do when you are stuck!

Stuck1ANIHO Land & Cattle Company strongly advises that the best way to not get stuck on the beach….is not to drive there in the first place.

Things have changed since Rudy and his family made their fateful trip around Haida Gwaii . While beach driving is allowed in parts of the United States, it is frowned upon, if not outright illegal throughout British Columbia. Beach driving is restricted on the beach in White Rock,

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B.C largest land agent really deals in water

Frank O’Brien, Western Investor, May 30, 2016

LandQuest Realty Corp.celebrates its 20th anniversary this year as the largest dealer in land in British Columbia: but scratch the surface of the clamouring global demand the company is now experiencing, and LandQuest is really dealing in water, according to the company co-founders.

“Every time it rains in B.C, we should get down on our knees and give thanks,” said Rudy Nielsen who,

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Water’s Edge: Metro Vancouver’s most extravagant oceanfront properties

Lori Culbert, Vancouver Sun, May 15, 2016

Does it seem like cranes and dump trucks are constantly on seaside streets, as bigger, newer homes are built on the water?

Seventy-nine new homes have been built on the oceanfront in Metro Vancouver during the past five years, the most (24) in West Vancouver, according to a spreadsheet of waterfront properties provided to The Sun by Landcor Data Corp,

The colour-coded map below shows the location of the newly built houses along the Pacific Ocean from Lions Bay to South Surrey.

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Water’s Edge: Small and cheap(er) seaside properties in Metro Vancouver

Lori Culbert, Vancouver Sun, May 13, 2016

If you don’t mind the border crossing, the place you should buy oceanfront property near Vancouver is, of course, Point Roberts.

There is a four-bedroom, two-bathroom, waterfront house for sale on the American peninsula for $658,000 US. Even with the low Canadian dollar, that’s a relative bargain ($825,230 Cdn) for this 1,792-square-foot home built in 1974 on a 0.23 acre lot.

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