BC PNP makes changes to the business category

Though the British Columbia Provincial Nominee Program (BC PNP) was recently modified last January to add the Express Entry system, more drastic changes have now been announced for the business category.

Over the last decade the BC PNP has used a breezy and informal approach in assessing business applications, which would lead to permanent residency. However, this approach, combined with the closure of the Federal entrepreneur and investor programs, and limits placed by other provincial business programs, caused the number of applications to the BC PNP business program to leap from a low of 152 in 2009 to a system clogging 1085 in 2014.

Canadians on Inheritance: Who Gets It? Why Wait?

Did you know that more than half of all Canadians expect to leave wealth for their children and other family when they die? Have you ever wondered why they wait?

According to a new survey from CIBC,  51 percent expect to leave their wealth for their children and other family once they pass.

The Wealth Gap: Canada’s Richest and Poorest

New data from Statistics Canada shows that the wealth gap between Canada’s richest 20 percent and the poorest has nearly doubled between 1999 and 2012.

Canada’s Best Places to Live in 2015

Ever wondered where’s the best place to live in Canada? MoneySense knows.

After months of sifting through reports from Environics Analytics, Statistics Canada and other data providers, MoneySense released their annual report on the best places to live in Canada in 2015.

All is not equal across Canada

According to the Canada Mortgage and Housing Corporation (CMHC), housing markets are expected to remain stable for the rest of the year, and housing starts are expected to moderate in 2015 and 2016.

BC Housing Market Breakthough

The BC housing market had a red-hot April.

British Columbia had its strongest April in more than a decade, according to the British Columbia Real Estate Association (BCREA).

Despite concerns about Alberta’s economic woes spilling over the border, BC’s province-wide sales in April were up to 9,952 transactions, a 28.7 percent increase from the year-ago period.

June sales are hot!

Low borrowing rates and high demand continues to fuel BC's housing market.

According to the latest report from the British Columbia Real Estate Association (BCREA), residential sales increased more than 25 percent in June, making it the second strongest June on record.