B.C. real estate watchdog issues public alert as Langley condo development ordered into receivership

B.C.’s real estate watchdog has issued its first public consumer alert in four years, following a B.C. Supreme Court decision this week to send a troubled Langley condo development into receivership.As Postmedia reported earlier in the week, longtime Metro Vancouver condo developer Mark Chandler was trying to keep Murrayville House, his 92-unit Langley condo development, out of receive [...]

07 October 2017

Canada Revenue Agency targets more Vancouver pre-sale condo contracts

The Canada Revenue Agency (CRA) is taking more developers to court for information identifying pre-sale condo buyers who assigned their purchase contracts before completion. The move comes after the CRA successfully obtained court orders in July against the companies behind Marine Gateway and the Residences at West. The latest federal court applications take aim at pre-sale buyers of units in West [...]

07 October 2017

Heritage Minister seeks participants for Canada's first creative industries mission to China

Minister of Canadian Heritage Mélanie Joly made an appearance at the Vancouver International Film Festival (VIFF) today (October 5) at the Vancouver International Film Centre where she made an announcement about a forthcoming trade mission.Scheduled within the VIFF Industry Exchange program, Joly discussed her new Creative Canada approach to Canadian cultural industries.In her efforts to moderniz [...]

06 October 2017

Vancouver's construction community rallies behind business destroyed by fire

Peter Spotzl has many challenges ahead of him as he rebuilds his business, which was destroyed by fire on Wednesday morning.But as word spread that he’d lost the building that houses Metal and Wood Products near Olympic Village, he learned he wouldn’t be alone in forging a path forward.“There’s been such an outpouring of support,” he said Thursday morning. “It’s been amazing, absolut [...]

06 October 2017

Professional reliance model under review

When drinking water from the Hullcar aquifer near Armstrong became too polluted to drink, and a nearby dairy farmer was required to pay for a soil test to determine if the pollution was coming from manure, local residents were astounded when the government refused to release the findings of that study. The B.C. government claimed releasing the information would be a violation of copyright law, si [...]

04 October 2017

Skilled immigrants face tough job market

When Preeti Hiro came to Canada from India in November 2014, she already had a bachelor’s degree in commerce and a master of business administration and was a published author in the field of strategic financial management. Hiro also had an impressive resumé from back home in Chandigarh, which included working as an assistant professor and as a manager of finance. However, she encountered the c [...]

04 October 2017

B.C. Supreme Court rejects condo-building sale attempt

A group of condominium owners won a huge court victory over their neighbours September 21 when BC Supreme Court Justice Warren Milman dismissed an attempt by a larger group of owners to wind up their strata corporation and sell assets to a developer. Milman ruled that the strata corporation at Bel-Ayre Villa, at the corner of West 10th Avenue and Burrard Street, did not follow the process set out [...]

03 October 2017

B.C. is going to pot – are we ready?

Will cornfields and greenhouses that now grow tomatoes and cucumbers give way to marijuana crops on farmland in the Agricultural Land Reserve (ALR) in Delta?Will entrepreneurs in B.C. be able to grow and sell artisanal marijuana brands, much like craft brewers sell beer, or will the B.C. government monopolize pot sales through government-controlled cannabis stores?These are just some of the questi [...]

03 October 2017

Too many bedrooms: Single-family zoning contributes to housing shortage, UBC expert says

There may be no place for the state in the bedrooms of the nation, but that’s not stopping sociologist Nathan Lauster.The associate professor at the University of B.C. recently examined how Metro Vancouverites use their bedrooms in order to find solutions to the local housing crisis.Using Statistics Canada data, Lauster counted 459,994 extra bedrooms in homes across Metro, estimat [...]

02 October 2017

B.C. boardroom battle nets defamation suit against directors

Three B.C. investors face a potential boardroom booting later this month in a dispute with the co-founder and CEO of Vancouver-based Payfirma.The boardroom battle has already resulted in a defamation suit and legal efforts to stop a special shareholders meeting. “How did it come to this?” asked Richard Powers, a corporate governance expert at the Rotman School of Management at the Univers [...]

02 October 2017

Retail, hospitality companies recover from wildfires

Rajinder Singh returned home to Cache Creek in mid-July after a two-week evacuation to nearby Kamloops, when an Ashcroft-area fire was bearing down on her community of slightly more than 1,000 people.The good news was that the 18-suite Robbie’s Motel, which she manages with her husband, Inderjit Singh, was still standing. Smoke, however, continued to choke the air and no tourists were keen to sp [...]

27 September 2017

Regulators push fintechs to clean up cryptocurrencies

Four years ago, “cryptocurrency” or “blockchain” would have been met with investor suspicion or confusion.The tables have since turned, however, and the increasing eagerness of businesses to cash in or raise capital through digital currencies is pushing Canadian regulators to act.“Bitcoin was essentially a dirty word until recently,” said Axiom Zen CEO Roham Gharegozlou, whose Vancouve [...]

27 September 2017

IDS Vancouver: Brent Comber gets into The Mix

What do Vancouver designers and artists have in common with their counterparts in The Netherlands? If you were to ask Brent Comber, it’s something refreshingly simple. “Honesty,” he says. “I feel we both want to produce work that is fresh, and hits you in the chest.”And the differences? “Material choices, and articulation,” Combers explains. “My sense is we both appr [...]

26 September 2017