The Costliest Disaster in Canadian History

Leaky Condo Disaster

The Costliest Disaster in Canadian History In its zeal to torque stories about Fort Mac, the Canadian media has forgotten the actual largest disaster in Canada with headlines like this: “Fort McMurray wildfire estimated to be costliest disaster in Canada”. Dropping the word “natural” makes the headline of this article (and many others) inaccurate. The … Read more

Real Estate Highlights of 2010: part 1

Harmonized Sales Tax HST will affect all new homebuyers. When getting pre-approved with your lender you should get a ‘Net-Sheet’ showing you all of your estimated costs. You will need to know this before you can tell your REALTOR® what your upper limit is for buying.  Here is a link to a HST calculator if … Read more

Leaky Condo costs have soared past $3 billion, so far

Leaky Condo reconstruction costs have soared past $3 billion so far, and that doesn’t include the indirect societal costs borne by British Columbians that nobody is tracking. Since only about 20 percent of leaky condo owners met the government imposed “means test” of the Homeowner Protection Office loan program, the $670 million in HPO victim … Read more

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