Guy Saddy, BC Business, June 2019
From Vancouver Island to the Okanagan, sales of vacation home appear to be enjoying a resurgence in BC. If you’re in the market for that perfect getaway, here’s what you need to know.
Surrounded by snow-covered evergreens and almost glowing from the reflected light of the setting sun, the gleaming white cottage looks as if it emerged organically from its setting.
BC Business, Feb 5, 2019
The new speculation and vacancy tax strikes one more blow
As expected, the B.C. government forged ahead with its speculation and vacancy tax, which took effect on January 1. This politically controversial yet publicly supported levy will penalize foreigners who don’t pay income taxes and leave a home empty for more than six months of the year with a 2-percent tax on the property’s assessed value.
B.C. Business, Summer 2017
2,577
That’s how many recreational properties changed hands in B.C. in 2016—a 75 per cent surge over the previous year and up almost threefold from 2011. Vacationing Lower Mainlanders may dream of ownership as they snooze on rented lakefront decks this summer, but British Columbians aren’t driving sales, says Rudy Nielsen, president of Niho Land & Cattle Co. Ltd., one of the province’s largest recreational property dealers.
Melissa Edwards, BC Business, July/August 2017
2577. That’s how many recreational properties changed hands in 2016 – a 75 per cent surge over the previous year and up almost threefold from 2011. Vacationing Lower Mainlanders may dream of ownership as they snooze on rented lakefront decks this summer, but British Columbias aren’t driving sales, says Rudy Nielsen, president of Niho Land and Cattle Co. Ltd., on of the province’s largest recreational property dealers.
Andrew Findlay, BC Business August, 2006
It’s Friday afternoon and a convoy of sparkling sport-utes with Alberta plates, many of them towing trailers and powerboats, is squeezing through the ochre-coloured walls of Sinclair Canyon at the western portal of Kootenay National Park near Radium Hot Springs. The fuel pumps are on constant rotation in Radium on this sweltering summer weekend, the last pit stop for Calgarians making the weekly pilgrimage to their summer cottage on B.C.’s Lake Windermere.
BC Business, Frank O’Brien, July 2003
One click on Battleship Island convinced Dr. Charles Hanson that the remote spot in northwest British Columbia could be his family’s sanctuary: “We were looking for a retreat but even a small lakefront lot around Minneapolis is $100,000 plus plus and that’s U.S. dollars.”
Instead, Hanson, a Minnesota neuro-science consultant who “was fortunate” during the high-tech boom, bought the 33-acre island in Stuart Lake that he discovered on the Internet.