Close X
Friday, November 29, 2024
ADVT 
National

Property Values Up In B.C. Northwest Communities Tied To LNG Industry

The Canadian Press, 02 Jan, 2015 03:53 PM
    VANCOUVER — Property values in two northwest British Columbia communities tied to the liquefied natural gas industry jumped dramatically last year.
     
    The BC Assessment Authority says most homeowners in the region will see increases of between 10 and 35 per cent.
     
    As of the July 1, 2014 valuation date, an average single-family home in Kitimat rose from $227,000 the previous year to $316,000, and in Terrace the value jumped from $244,000 to $317,000.
     
    Cameron Muir of the British Columbia Real Estate Association says port activity in the region as well as speculation over the proposed LNG industry has "bid up prices."
     
    The assessment authority says most homeowners between Vancouver, Pemberton and the Sunshine Coast will see their properties increase by as much as 15 per cent.
     
    The province's priciest residential property was assessed at nearly $57,600,000 and was located in Vancouver's Kitsilano neighbourhood.

    MORE National ARTICLES

    Canadian teacher jailed in Indonesia devastated over outcome of related trial

    Canadian teacher jailed in Indonesia devastated over outcome of related trial
    JAKARTA, Indonesia — A Canadian teacher accused of sexually abusing three students at an international school in Indonesia found it "devastating" that five janitors also accused in the case were sentenced to up to eight years in prison, his family said Monday.

    Canadian teacher jailed in Indonesia devastated over outcome of related trial

    Hamilton man to face 4th trial in the 1981 murder of a young woman

    Hamilton man to face 4th trial in the 1981 murder of a young woman
    TORONTO — An Ontario man will be tried for a fourth time in September 2016 in the murder of a nursing assistant who was killed 33 years ago in the Hamilton area.

    Hamilton man to face 4th trial in the 1981 murder of a young woman

    Canadian shot by U.S. border guards after pointing gun is charged in Windsor, Ont

    Canadian shot by U.S. border guards after pointing gun is charged in Windsor, Ont
    DETROIT — A 22-year-old Canadian man who was shot by U.S. border guards after pointing what appeared to be a gun at them is facing weapons-related charges in Windsor, Ont.

    Canadian shot by U.S. border guards after pointing gun is charged in Windsor, Ont

    Heather Forsyth named Alberta Wildrose interim leader, party hopes to rebound

    Heather Forsyth named Alberta Wildrose interim leader, party hopes to rebound
    CALGARY — Alberta's Wildrose party has named an interim leader after Danielle Smith and eight other caucus members bolted to the governing Progressive Conservatives.

    Heather Forsyth named Alberta Wildrose interim leader, party hopes to rebound

    Going to pot: As attitudes to marijuana mellow, could legalization be next?

    Going to pot: As attitudes to marijuana mellow, could legalization be next?
    TORONTO — Smoke it, toke it, vape it, eat it — marijuana, it seems, is going mainstream.

    Going to pot: As attitudes to marijuana mellow, could legalization be next?

    Vancouver Restaurant Owner Who Recorded Toilet Visits Thrilled With Secrets, Not Sexual Impulses

    Vancouver Restaurant Owner Who Recorded Toilet Visits Thrilled With Secrets, Not Sexual Impulses
    Maegan Richards asked a Vancouver provincial court judge to impose a conditional discharge for Allan Bosomworth, who was the co-owner of Two Chefs and a Table restaurant where he hid a camera in the coed washroom in December 2012.

    Vancouver Restaurant Owner Who Recorded Toilet Visits Thrilled With Secrets, Not Sexual Impulses