Category

Apartment Buildings
Written by Crosbie DesBrisay The Bank of Canada has announced a 25-basis-point rate cut, lowering the policy rate from 2.75% to 2.50%. For multifamily owners, the impact depends on financing structure. Properties with floating or prime-based debt, including bridge or construction loans, benefit immediately through lower interest costs, reducing annual carrying expenses and improving cash...
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Owner Tenant Gear Cover
Dear Minister Selena Robinson, Premier John Horgan, and Mayor Kennedy Stewart, I write to you today about the potential consequences of banning evictions in BC. These are trying times that require compassion and compromise to ensure the health and safety of all BC residents. With everyone financially strained, difficult decisions will have to be made...
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By Brandon Harding, Vice President New Westminster and Port Coquitlam fight against climate protection by restricting property owners from upgrading their buildings, says new data. A study released by FortisBC shows how minor improvements can lead to reducing emissions by the equivalent of 43,000 gas-powered cars. “The basic upgrades alone reduce domestic hot water energy...
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