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Stories Tagged - Western Canada

Courtesy Bob Dhillon

July 25, 2018 | Mario Toneguzzi

My First Home: Bob Dhillon, Mainstreet Equity Corp.

Calgary real estate mogul Bob Dhillon has built a successful business across Western Canada with Mainstreet Equity Corp., which owns and manages thousands of rental properties.

His business has its roots on the residential side of real estate, and it all started when he bought his first home in Calgary, fixed it up and sold it for a profit.

Due to new taxes in B.C., more Albertans are expected to look within their own province for vacation properties during the rest of 2018.
Getty Images

June 28, 2018 | Gerald Vander Pyl

Forecasting fun

Industry reports paint positive picture for Alberta recreational property market in 2018

Two major reports on the Canadian recreational property market are forecasting a healthy market across the country and growing demand within the province of Alberta for the rest of 2018.

Royal LePage's annual survey of their recreational property specialists predicts an average price increase of 5.8 per cent for the country as a whole, but varied results in British Columbia and Alberta because of new speculation taxes in B.C.

Industry experts believe proposed drywall tariffs will eventually be passed onto homebuyers, adding about $1,000 to $2,000 to the price of a home.

Jan. 19, 2017 | Joel Schlesinger

Tearing down trade walls

Homebuilders hope recommendations to lower duties will lead to lower cost for industry, consumers

Recent recommendations by a federal trade tribunal have the homebuilding industry hopeful that high duties on U.S. drywall imports will soon come to an end.

The Canadian International Trade Tribunal issued its Statement of Reasons Jan. 19 outlining why it found drywall duties on U.S. imports are negatively impacting Western Canada's housing industry. Yet it also found U.S. manufacturers were indeed dumping drywall into the Canadian market, an unfair advantage over domestic manufacturers.


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