Tight vacancy rates and higher rents, but more long-term rental units in Vancouver: CMHC

It means a number of existing units that were either being occupied, left empty or used as short-term rentals were converted to long-term rentals between 2018 and 2019, said Eric Bond, a Vancouver-based senior specialist of market analysis at CMHC, who wrote the report. Read More …read more Source:: Vancouver Sun – Business       

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B.C. Securities Commission denies abuse of process in pursuit of properties to collect on $31.7 million in penalties

The B.C. Securities Commission has responded to a civil lawsuit from the wife of financial fraudster Earle Douglas Pasquill, denying its efforts to collect tens-of-millions of dollars in penalties owed by him via properties she owns is an abuse of process. Read More …read more Source:: Vancouver Sun – Business       

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