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Meet the Richmond man bent on tackling money laundering in real estate - Vancouver Courier

Real Estate News - February 24, 2018 - 7:42pm

Vancouver Courier

Meet the Richmond man bent on tackling money laundering in real estate
Vancouver Courier
Caldera contends a lack of transparency in corporate and property transactions has fuelled money laundering and tax evasion within the real estate sector, adding to the many other pressures spurring Richmond's housing affordability crisis. “Canada ...

Categories: Real Estate news

Meet the Richmond man bent on tackling money laundering in real estate - Richmond News

Real Estate News - February 23, 2018 - 10:43pm

Richmond News

Meet the Richmond man bent on tackling money laundering in real estate
Richmond News
Caldera contends a lack of transparency in corporate and property transactions has fuelled money laundering and tax evasion within the real estate sector, adding to the many other pressures spurring Richmond's housing affordability crisis. “Canada ...

Categories: Real Estate news

The Chinese government now controls the biggest retirement home chain in BC - Financial Post

Real Estate News - February 23, 2018 - 3:57pm

Financial Post

The Chinese government now controls the biggest retirement home chain in BC
Financial Post
If the government takeover did lead to asset sales, analysts in Canada believe there would be significant interest in the Retirement Concepts properties. “If Anbang undergoes some dispositions and the Retirement Concepts portfolio is either sold in ...
China Regulator Seizes Anbang, Chairman Faces Fraud ProsecutionBloomberg

Categories: Real Estate news

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Real Estate News - February 23, 2018 - 12:00pm
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Categories: Real Estate news

Albertans who own vacation properties in BC face new tax - CBC.ca

Real Estate News - February 23, 2018 - 9:24am

Columbia Valley Pioneer

Albertans who own vacation properties in BC face new tax
CBC.ca
Cameron Muir, chief economist with the B.C. Real Estate Association, says the new tax could make potential buyers look elsewhere. "Obviously that's going to impact future sales in those regions as Albertans will likely look for adjoining regions that ...
Okanagan real estate agents brace for speculation tax impactColumbia Valley Pioneer

Categories: Real Estate news

Canadian Apartment Properties Real Estate Investment Trust Announces Public Unit Financing of $150MM - GlobeNewswire (press release)

Real Estate News - February 22, 2018 - 4:23pm

GlobeNewswire (press release)

Canadian Apartment Properties Real Estate Investment Trust Announces Public Unit Financing of $150MM
GlobeNewswire (press release)
TORONTO, Feb. 22, 2018 (GLOBE NEWSWIRE) -- (TSX:CAR.UN) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) of Toronto, Ontario announced today that it has agreed to sell, subject to regulatory approval, 4,270,000 units at a price ...

Categories: Real Estate news

Ontario regulator probes cryptocurrency use in real estate - The Globe and Mail

Real Estate News - February 22, 2018 - 8:02am

The Globe and Mail

Ontario regulator probes cryptocurrency use in real estate
The Globe and Mail
Condos.ca, an online real estate brokerage, is the marketing partner on a deal strung together with Toronto's Pensio Real Estate Group, Nationwide Rentsure Canada and a Bermuda-based cryptocurrency company called Cryptonumus.io. Units in the Ellie ...

Categories: Real Estate news

Real estate industry casts doubt on BC's housing affordability plan - CBC.ca

Real Estate News - February 22, 2018 - 7:01am

CBC.ca

Real estate industry casts doubt on BC's housing affordability plan
CBC.ca
When the provincial government pitched its sweeping housing measures in the B.C. budget this week, it was in the name of affordability. But the plan has left some in the real estate industry questioning whether it will make housing affordable at all ...

Categories: Real Estate news

Sound familiar? Canadians buy a whole lot of property in the US - Montreal Gazette

Real Estate News - February 22, 2018 - 6:19am

Montreal Gazette

Sound familiar? Canadians buy a whole lot of property in the US
Montreal Gazette
A report by the National Association of Realtors (NAR) revealed that in 2016-2017, Canadians were the second most active group buying residential real estate in the U.S. Buyers from China topped the list. From April 2016 to March 2017, foreign buyers ...

Categories: Real Estate news

Sound familiar? Canadians buy a whole lot of property in the US - Financial Post

Real Estate News - February 22, 2018 - 6:17am

Sound familiar? Canadians buy a whole lot of property in the US
Financial Post
A report by the National Association of Realtors (NAR) revealed that in 2016-2017, Canadians were the second most active group buying residential real estate in the U.S. Buyers from China topped the list. From April 2016 to March 2017, foreign buyers ...

Categories: Real Estate news

UPDATE 1-Canadian pension fund Caisse aims to double Indian ... - Reuters

Real Estate News - February 21, 2018 - 1:47pm

Reuters

UPDATE 1-Canadian pension fund Caisse aims to double Indian ...
Reuters
The real estate arm ofCanada's second-largest pension fund manager wants to "more thandouble" the C$800 million ($631 million) it has alreadycommitted to investments in India in the short term, the unit'spresident said on Wednesday.
Canadian pension fund Caisse aims to double Indian real estate investmentsBusiness Standard

Categories: Real Estate news

UPDATE 1-Canadian pension fund Caisse aims to double Indian real estate investments - Reuters

Real Estate News - February 21, 2018 - 1:47pm

UPDATE 1-Canadian pension fund Caisse aims to double Indian real estate investments
Reuters
MONTREAL/MUMBAI Feb 21 (Reuters) - The real estate arm of Canada's second-largest pension fund manager wants to “more than double” the C$800 million ($631 million) it has already committed to investments in India in the short term, the unit's president ...

Categories: Real Estate news

Vancouver's hot housing market just got tougher for wealthy ... - Financial Post

Real Estate News - February 21, 2018 - 1:01pm

The Globe and Mail

Vancouver's hot housing market just got tougher for wealthy ...
Financial Post
Vancouver, one of the hottest housing markets in North America, is getting a little tougher for wealthy Chinese buyers. British Columbia Finance Minister Carole James announced measures targeting foreign buyers and speculators in the first budget since ...
BC's NDP budget takes aim at real estate marketThe Globe and Mail
Mixed reviews for BC's efforts to cool the hot housing marketCTV News
Les Leyne: A bevy of taxes to cool BC's real-estate marketTimes Colonist
National Post
Categories: Real Estate news

Vancouver's hot housing market just got tougher for wealthy Chinese - Financial Post

Real Estate News - February 21, 2018 - 1:01pm

The Globe and Mail

Vancouver's hot housing market just got tougher for wealthy Chinese
Financial Post
Airbnb Canada. Separately, the government and Airbnb Inc. have reached an agreement requiring the company collect an 8 per cent provincial sales tax and as much as a 3 per cent local tax on short-term rentals, according to budget documents. Public ...
BC's NDP budget takes aim at real estate marketThe Globe and Mail
Les Leyne: A bevy of taxes to cool BC's real-estate marketTimes Colonist
'Ignored for too long:' BC NDP government takes aim at housing costs with tax measuresCBC.ca
CTV News
Categories: Real Estate news

Canadian pension fund Caisse aims to double Indian real estate ... - Reuters

Real Estate News - February 21, 2018 - 12:34pm

Reuters

Canadian pension fund Caisse aims to double Indian real estate ...
Reuters
The real estate arm of Canada'ssecond-largest pension fund manager wants to "more than double"the C$800 million ($631 million) it has already committed toinvestments in India in the short term, President DanielFournier told Reuters on Wednesday.
Canadian pension fund Caisse aims to double Indian real estate investmentsBusiness Standard

Categories: Real Estate news

Taking a stand against Vancouver's real estate disaster - Macleans.ca - Macleans.ca

Real Estate News - February 21, 2018 - 11:19am

Macleans.ca

Taking a stand against Vancouver's real estate disaster - Macleans.ca
Macleans.ca
Terry Glavin on a B.C. budget that suggests the NDP is finally giving the province's distorted real estate racket some long overdue attention.

Categories: Real Estate news

Taking a stand against Vancouver's real estate disaster - Macleans.ca

Real Estate News - February 21, 2018 - 11:14am

Macleans.ca

Taking a stand against Vancouver's real estate disaster
Macleans.ca
The measures to identify the “beneficial” or true owners of residential property, and the provincial collaborations with the Canada Revenue Agency, should scare away quite a few dodgy speculators, he said. “That's a game changer, I think. The ...
Les Leyne: A bevy of taxes to cool BC's real-estate marketTimes Colonist
BC's new measures aim to temper rising real estate pricesThe Globe and Mail

Categories: Real Estate news

Canada: Who Gets The Farm? - Mondaq News Alerts

Real Estate News - February 21, 2018 - 6:36am

Mondaq News Alerts

Canada: Who Gets The Farm?
Mondaq News Alerts
Justice Nielsen released his decision in Kachur Estate, 2017 ABQB 786, on December 19, 2017. While disputes regarding estate succession in the farming context are common throughout Alberta, reported decisions are less plentiful, given that most matters ...

Categories: Real Estate news

BC's NDP budget takes aim at real estate market - The Globe and Mail

Real Estate News - February 20, 2018 - 10:00pm

The Globe and Mail

BC's NDP budget takes aim at real estate market
The Globe and Mail
Cameron Muir of the B.C. Real Estate Association said the measure is better described as a vacant-home tax, and he warned there could be unintended consequences if it captures owners of recreational property. The current tax on the purchase of a home ...
'Ignored for too long:' BC NDP government takes aim at housing costs with tax measuresCBC.ca
Les Leyne: A bevy of taxes to cool BC's real-estate marketTimes Colonist
BC unveils 'bold' housing, child care plans, hikes employer, real estate taxesTheChronicleHerald.ca

Categories: Real Estate news

Les Leyne: A bevy of taxes to cool BC's real-estate market - Times Colonist

Real Estate News - February 20, 2018 - 9:37pm

Times Colonist

Les Leyne: A bevy of taxes to cool BC's real-estate market
Times Colonist
... Finance Minister Carole James on Tuesday poured several pails of cold water on the province's overheated real-estate market. The NDP government unveiled a 30-point plan to make housing fairer and more affordable. About a third involve taxes, some ...
BC's new measures aim to temper rising real estate pricesThe Globe and Mail

Categories: Real Estate news
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