Category Archives: Economy

BC gaming industry says it’s ready for money laundering crackdown

By Drew Penner If you talk to the guys behind gambling and scratch tickets in British Columbia they’ll proudly point out they pad the provincial government with more revenue than the gas tax, forestry or natural gas does. But they’re

Most Vancouver houses sold below assessment in May

By ThinkPol Staff The number of Vancouver detached houses selling below assessed value in May outnumbered those selling for more, with some going as low as 32% below, making it the fourth month in row that a majority of Vancouver

David Eby invites opponents to protest at his housing town hall

By ThinkPol Staff British Columbia Attorney General David Eby is inviting opponents to protest outside his Housing Town Hall 2.0 scheduled for Monday. “There is adequate protest space outside, and we expect media to attend and cover any protest that

Someone put the Kinder Morgan Trans Mountain expansion on sale on Craigslist

By Marina Wang “For sale: Stalled and collapsing pipeline project,” reads the title of a Craigslist ad, posted May 29. A sardonic Craigslist user has put the controversial Kinder Morgan Trans Mountain expansion up for sale. The ad appeared following

Vancouver Airbnb hosts caught using fake licences

By Lisa Tanh Several local Airbnb hosts have been caught abusing the City of Vancouver’s new short-term rental bylaws. Concerned citizens took to Twitter to expose a number of hosts who are using one short-term rental business licence for multiple

“Vancouver’s becoming a safety deposit box for the global rich!” – developer seeking billions in tax dollars for affordable housing pitches city’s “hot real estate” to buyers in China

By ThinkPol Staff with files from Lisa Tanh “Vancouver is becoming a safe deposit for the global rich!” Those are the words[1]Original: http://www.westbankcorp.cn/media/141.html Archive:http://archive.is/jdxTy used to promote Vancouver real estate in China by luxury real estate developer Westbank, whose owner

Dilapidated homes, leaky condos and crumbling mansions: Skilled trades shortage paints a bleak picture in Vancouver

By Lisa Tanh A local tradesman is struggling to find help maintaining “normal family homes” because of Metro Vancouver’s extreme skilled trades shortage. Breton Crellin, who has been working in construction for over a decade, said he’s constantly being flagged

Morneau attended event in China sponsored by “Liberal bagman” seeking billions in tax dollars for affordable housing

By Lisa Tanh Finance Minister Bill Morneau attended an event in China sponsored by a Vancouver real estate developer that is asking the federal government for billions in tax dollars to build affordable housing. Recently, the Canadian Chamber of Commerce

BC regulator warns about investing in Cryptocurrencies

By Katherine Green Cryptocurrencies have long enjoyed a warm reception in British Columbia. As early as 2011 small businesses were accepting Bitcoin and the world’s first Bitcoin ATM started dispensing cash at a Vancouver Waves coffee shop back in 2013.

Vancouver homeseller boasts of making $92,500 from Airbnb last year

By ThinkPol Staff A Vancouver home where the seller boasted of making $92,500 from Airbnb last year has sold for the asking price. “Owner on main, top and bottom run as AIRBNB $92,500 in 2017. Can be purchased with AIRBNB