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First Nations now own 12 casinos in the province, about one-third of the casinos and gambling centres in B.C. That includes casinos in Vancouver, Richmond, Surrey, Coquitlam, Chilliwack, Victoria and Nanaimo.
B.C. was expanding gambling and changing the rules, and First Nations were taking a hard look at establishing casinos, including on their own reserve lands, sometimes against the wishes of nearby municipalities and in conflict with the province.…
Eby said the focus of the program will be on areas outside Vancouver like the Fraser Valley, Vancouver Island, and the Okanagan.
After days of questions, Premier David Eby and Prime Minister Mark Carney provided more details Thursday on a new program to buy up empty condos and use them as affordable housing. But some experts say it is still unclear how the program will work.…
VICTORIA — An organization representing about 1,200 appraisers in British Columbia says some of its members are adding clauses to their reports noting that current, past, and potential future land claims have not been considered in their valuations.
VICTORIA — An organization representing about 1,200 appraisers in British Columbia says some of its members are adding clauses to their reports noting that current, past, and potential future land claims have not been considered in their valuations. Alla…
Premier worries stalled condo towers could trigger a future supply crunch but Christine Boyle insists housing activity remains strong
Premier David Eby told the real estate community Tuesday he's very worried about slumping housing starts and stalled high-rise condo projects, as he seeks to avoid contributing to what could be a housing supply crunch in just a few years. "We're following the …
Vaughn Palmer: As far back as eight years ago, the court had wrestled with whether to notify private landowners about the implications of a declaration of Aboriginal title
VICTORIA - The question that dominated a Richmond public meeting this week on the impact of a recent court decision on Aboriginal title was a simple one: "Why weren't we told sooner?" Residents had learned just this month, courtesy of a letter from Mayor Malco…
City of Richmond is holding an information session on Oct. 28 where residents will be able to ask questions
Along a rural stretch of No. 6 Road in south Richmond, residents have a lot of questions — not to mention fear — after a B.C. Supreme Court ruling granted the Cowichan Tribes on Vancouver Island land title rights that encompass their properties. Ju…
Owner also seeks to sell New Westminster property as financial pressures mount
Just a few years after being restored and transformed, the iconic Victoria Press Building has been placed under receivership, according to B.C. Supreme Court filings obtained by Western Investor. Originally constructed in the early 1970s, the Victoria Press Bu…
The property sold in just 15 days.
A stunning lakefront estate in Lake Country has sold for $17.5 million, setting a new MLS record for the highest residential sale ever recorded in the Interior of British Columbia The 20-acre property at 16080 Carrs Landing Rd. was listed by TJ & Steph Real Es…
CBRE report points to strong outlook for 2026
Despite a weak Canadian dollar, rising unemployment and a shrinking national GDP, B.C.'s hotel industry appears to be showing a level of collective resilience not seen this decade. CBRE Ltd. senior vice-president Nicole Nguyen with the brokerage's valuation an…
Storage real estate boosted by demographics, density and commercial use
Notable deals and a sizable development pipeline indicate a robust self-storage market in Western Canada, where migration, density and business users are driving demand. Nearly four million square feet of new supply is expected in B.C. and Alberta together bet…
The GJ Group has acquired the corner property that has 90K square feet of leasable space, and could be rebuilt to include retail and hotel use
A major redevelopment project may be in the cards on the northeast corner of Granville and Robson streets in Vancouver. Bonnis Properties Inc. has sold the site, known as 798 Granville St., to The GJ Group for $140 million, according to a report from Storeys .…
Columbia Square redevelopment that was approved this week is just one of many transit-oriented developments
Did you know New Westminster is British Columbia's oldest city? New West was an early pioneer settlement with a history that dates back 10,000 years , it was incorporated in 1859, and it was the first capital city of British Columbia until Victoria took over t…
Prices of new residential homes in Vancouver unchanged from a year ago
New home prices in the Vancouver region declined in September on a month-over-month basis, according to Statistics Canada. In an update released Oct. 25, Statistics Canada said its New Housing Price Index in September was down 0.2 per cent from August – …
B.C. housing market showing signs of marginal improvement
B.C.'s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in th…
851 Broughton – 2 new Towers are proposed
The Christ Church Cathedral precinct on the edge of downtown Victoria could be significantly transformed if Concert Properties gets rezoning approval for a two-tower housing project that would bring 370 new homes to what once was a YMCA-YWCA facility. The Vanc…
Condo purchasers owned multiple units: lawsuit
Civil suits filed by B.C. Housing allege 13 of the units at Vivid at the Yates on Johnson Street went to people who already owned property, or who rented out their units instead of living in them. One of the purchasers of a unit in a downtown building subsidiz…
Budget 2024: B.C. introduces new home-flipping tax
Flipping Tax The BC Home Flipping Tax is a 20 per cent tax on the gain from sale of a home within a one-year time horizon and a pro-rated tax on sales up to within a two-year period. The tax will apply to both properties and assignments of contracts and is in …
Human Resources & Education B.C. private-college operator worries crackdown on bad actors is affecting good ones
The president of a college in Victoria says he supports a provincial crackdown on private post-secondary institutions "preying" on international students, but worries about the impact of further restrictions on legitimate operations. James Christian says Pacif…
Province expands speculation tax on Vancouver Island, Okanagan
The province is expanding its speculation and vacancy tax to 13 new communities, many of them vacation destinations and adjacent to areas already subject to the controversial measure. "With so many people struggling to find secure housing, we have to keep taki…
Vancouver Island sees 10% to 20% increase in property valuations, according to B.C. Assessment
'We've seen a strong road to recovery for industrial and commercial properties across the Vancouver Island region' says Jodie MacLennan, deputy assessor.
0.49 acres retail in Victoria sells for $10.25 Million
Prime single-tenant retail location with 21,537 square feet of strata space on Government Street has frontage on three main roadways, with rear loading docks.
1.2-acre residential development site in East Vancouver sold in October for $23.8 Million
Even as B.C. home prices decline, Metro Vancouver and Vancouver Island developers appear willing to pay millions of dollars per acre for residential assemblies
0.6 acres multi-family rental in Victoria sells for $13 Million
Starlight Acquisitions paid full list price for the multi-family property on a 0.6-acre site in the James Bay neighbourhood
Victoria’s labour force increased by 4.8 per cent to 225,600 between October
The business, building and support services sector, which covers contracted administration and human resources services as well as cleaning services, saw the biggest decrease year-over-year, shedding 5,100 positions, while educational services dropped 1,900 jo…
24,209 sqft. office retail in Parksville sells for $4.5 million
The Vancouver Island office-retail complex includes two buildings, 10 tenants including Shopper's Drug Mart and professionals, and a 65-stall parking lot in downtown Parksville.
19,034 sq.ft. development land in Nanaimo sells for $1.69 Million
The land in Vancouver Island city 's south end is seen as a prime for residential development.
14,857 square feet multi family rental sells for $3.6M located in 1860 Crescent, Victoria, B.C.
Well located and well-maintained apartment building, built in 1949, with stunning ocean views along desirable Crescent Road, Victoria, B.C.
Victoria plans to build an 18-storey tower with 180 rental units of affordable housing
Previously, Bayview had been trying to blend affordable housing with its other planned towers on the site. The idea of donating the corner lot arose after discussions with mayor and council and community groups, Ken Mariash said.
New condo prices increase amidst higher demand
rose in Toronto, Vancouver, Victoria and Québec City compared to the previous quarter. Meanwhile, prices dropped in Halifax, Ottawa and Edmonton, but remained unchanged in Montréal and Calgary on a quarterly basis.
$230 Million redevelopment plans for University Heights shopping centre in Saanich
B.C. acquisition marks South Carolina-based Greystar's first purchase in Canada
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- Richmond - 1162
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