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Stories Tagged - Cannabis
News
Dec. 05, 2018 | Geoff Geddes
Long-term impact of cannabis on Calgary commercial real estate remains to be seen
As visions of a green Christmas danced in their heads, cannabis companies scrambled to secure retail locations in Calgary during the lead up to legalization and the aftermath. While some might say "the more, the merrier," others are left to wonder about the long-term impact of this increased demand on the city's commercial real estate market.
News
June 14, 2018 | CREBNow
Clearing the air
CREA voices concerns about home cannabis cultivation
As Bill C-45 continues its journey through the different levels of Parliament, the Canadian Real Estate Association (CREA) presented some feedback on how the legalization of cannabis would affect homeowners.
"We've heard from homeowners and tenants across the country who are worried about living beside grow-ops," said CREA president Barb Sukkau.
"What does this do to their home value? Will this increase their rent? How safe will their kids be? Will their quality of life diminish because of the prevalence of drugs in their neighbourhood? These are all concerns that need to be considered before the passing of Bill C-45."
As Bill C-45 continues its journey through the different levels of Parliament, the Canadian Real Estate Association (CREA) presented some feedback on how the legalization of cannabis would affect homeowners.
"We've heard from homeowners and tenants across the country who are worried about living beside grow-ops," said CREA president Barb Sukkau.
"What does this do to their home value? Will this increase their rent? How safe will their kids be? Will their quality of life diminish because of the prevalence of drugs in their neighbourhood? These are all concerns that need to be considered before the passing of Bill C-45."
