Close X
Monday, November 25, 2024
ADVT 
National

Majority of homeowners in BC are investors

Darpan News Desk The Canadian Press, 23 May, 2023 04:27 PM
  • Majority of homeowners in BC are investors

New numbers released by Statistics Canada show investor-occupants made up almost 10 per cent of British Columbia homeowners in 2020.

The agency says B-C's share of investor-occupants -- who own a single property with multiple units -- is much higher than in other provinces.

Investor-occupants made up 2.5 per cent of New Brunswick's homeowners, 1.8 per cent in Nova Scotia, 0.8 per cent in Ontario and 0.7 per cent in Manitoba.

The agency attributes the high numbers in B-C to incremental forms of density, such as single-detached houses with secondary suites or laneway units, duplexes, or triplexes.

MORE National ARTICLES

B.C. RCMP expand search for suspect in targeted shooting in 'highly populated area'

B.C. RCMP expand search for suspect in targeted shooting in 'highly populated area'
A 37-year-old man was shot in the city's Burke Mountain neighbourhood while sitting at an outside table in a "heavily populated shopping plaza" on David Avenue and Coast Meridian Road.

B.C. RCMP expand search for suspect in targeted shooting in 'highly populated area'

BC Ferries tackles IT issue

BC Ferries tackles IT issue
The ferry corporation says it quickly identified the issue hours after the outage and provided scheduling updates on Twitter throughout Monday morning until the afternoon when the system came back online. 

BC Ferries tackles IT issue

Police in Chilliwack cancel shelter-in-place alert for residents near Skowkale

Police in Chilliwack cancel shelter-in-place alert for residents near Skowkale
Police in Chilliwack say a 29 year old man is in police custody following a high risk incident in which shots were allegedly fired at police. The call to shelter in place has been cancelled and an "active, ongoing, high-risk police incident" that began Monday night has been resolved.

Police in Chilliwack cancel shelter-in-place alert for residents near Skowkale

Missing man Irshaad Ikbal found dead in Vancouver

Missing man Irshaad Ikbal found dead in Vancouver
Police say the remains of Irshaad Ikbal were found in False Creek. A passerby called police after seeing the man in the water. Ikbal had been missing since April 29th.

Missing man Irshaad Ikbal found dead in Vancouver

Health Minister Adrian Dix attends Surrey Board of Trade Event, recognizes PICS Guru Nanak Diversity Village

Health Minister Adrian Dix attends Surrey Board of Trade Event, recognizes PICS Guru Nanak Diversity Village
He made special emphasis on the great work that Progressive Intercultural Community Services Society does in the community and mentioning of the upcoming PICS Long Term Care Facility in Cloverdale - Guru Nanak Diversity Village, which will meet the needs of the community. 

Health Minister Adrian Dix attends Surrey Board of Trade Event, recognizes PICS Guru Nanak Diversity Village

Spike in car thefts in Prince George

Spike in car thefts in Prince George
Corporal Jennifer Cooper says in the first two weeks of May, the force has seen more than a 100 per cent jump in reported thefts. She says many of the reported thefts are of early 2000s model vehicles.

Spike in car thefts in Prince George