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Edmonton Journal

Albertans bring cash for B.C. properties

Shawn Ohler, Edmonton Journal,  August, 27, 2006

Jay Champigny rattles off the numbers — “7,000-square-foot lot, 2,350-square-foot house, $1.75 million” — like a blase shopper reciting a short grocery list.

Yet the most remarkable thing about the Edmonton businessman’s new property on B.C.’s Sunshine Coast is not its gaudy pricetag — or its stunning ocean view, or its secluded locale in relatively undeveloped Pender Harbour — but the fact he’s never actually seen it.

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Numbers put to rest fears Albertans are buying up B.C.

Gary Lamphier , The Edmonton Journal,  May 30, 2006

West Coast developers regularly target Alberta real estate buyers through splashy newspaper and TV ads as well as glitzy brochures.

There’s no mystery why. Thousands of Albertans dream of retiring one day to the mild climes of places like Victoria, Kelowna or Parksville. And with Alberta’s economy booming, many have the bucks to do so.

In particular areas of B.C.

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