Tag: real estate

Many Canadian homebuyers believe foreign ownership is influencing prices: CMHC

https://www.theglobeandmail.com/business/article-many-canadian-home-buyers-believe-foreign-ownership-is-influencing/ Foreign buyers might make up a small sliver of Canada’s biggest real estate markets, but homebuyers in Toronto, Vancouver and Montreal still seem to believe they are heavily influencing housing activity. A study from the Canada Mortgage and Housing Corp. released Wednesday found that 68 per cent of Vancouver respondents, 48 per cent of […]

‘It disgusts me’: Outrage after racist letter sent to Asian realtor in B.C.

https://www.ctvnews.ca/canada/it-disgusts-me-outrage-after-racist-letter-sent-to-asian-realtor-in-b-c-1.4109531 Real estate agents in British Columbia say they’re worried about their safety after an Asian realtor received an extremely racist letter with a vague threat. The “open letter to all Asian realtors” was sent to Winnie Wu’s realty office in Coquitlam, B.C. Wu called the piece of mail “appalling” in a now-deleted Facebook post. […]

How Chinese gangs are laundering drug money through Vancouver real estate

How Chinese gangs are laundering drug money through Vancouver real estate Criminal syndicates that control chemical factories in China’s booming Guangdong province are shipping narcotics, including fentanyl, to Vancouver, washing the drug sales in British Columbia’s casinos and high-priced real estate, and transferring laundered funds back to Chinese factories to repeat this deadly trade cycle, a Global […]