September 2014 B.C. Economic Fundamentals

Ally

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Mar 24, 2009
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#21
BC housing minister moves to shore up standards for home inspections





By the end of next year, home inspectors will have to meet a standard set of professional criteria to be licenced in British Columbia.





Housing Minister Rich Coleman said Friday the improved requirements will help safeguard home buyers who rely on the inspections for making what is likely the largest investment of their lives.





Read the full article here.
 

Ally

Research Assistant
Registered
Mar 24, 2009
16,745
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48
Langley
#22
Terrace mill increases exports - to Alberta





WHENEVER talk in B.C. turns to exporting wood, most people think it`s to Asian markets.





Not so much at Skeena Sawmills.





It`s now shipping product to the Alberta oilsands as another indication of the widespread impact Canadian energy development has on the overall economy.





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Ally

Research Assistant
Registered
Mar 24, 2009
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48
Langley
#23
Smaller deals propel Vancouver's commercial sales





VANCOUVER ` There was zero action in Metro Vancouver`s commercial real estate market for `big trophy` asset deals throughout the first half of this year as owners have firmed up their grip on the region`s relatively few large-scale prized properties, real estate experts say.





A big trophy asset is typically a property worth more than $100-million, such as a large office building or a shopping centre.








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Ally

Research Assistant
Registered
Mar 24, 2009
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Langley
#24
Changing times for development in Abbotsford





Development defines a community.





How and where a municipality decides to allow growth, and what it should look like, elicits strong reactions and a wide range of opinions from citizens and the business community.





Abbotsford is no stranger to those complex and polarizing issues, which includes debates over appropriate land use and differing opinions on how and where a city should expand or build.





Read the full article here.
 

Ally

Research Assistant
Registered
Mar 24, 2009
16,745
70
48
Langley
#25
Retail revolution heading to Vancouver





VANCOUVER ` With a newly rebounding retail sector, Vancouver is gearing up to enter the shopping big leagues in 2015.





`After a number of years of sluggish growth, retail sales in B.C. have made some impressive gains recently,` says Ken Peacock, chief economist at the Business Council of B.C.





Read the full article here.