District of Hope - British Columbia
Hope BC Development Plan Includes New Service Land

In early January, Hope Council approved a new economic development strategy aimed to take advantage of its natural assets and to diversify its economy. A new economic development organization will mobilize local leadership to make needed changes to the downtown core, the hiking trail system and other outdoor attractions. The changes will be marketed to encourage overnight and longer stays . Another key component will be to take existing flat lands west of the Hope Downtown area to service and actively market them.

Hope has some distinct competitive advantages that we think will appeal to several types of businesses. We are at the hub of three major highways; the Hope - Princeton (hwy 3), the Coquihalla (hwy 5), and the Trans Canada (hwy 1). According to a 2008 land use analysis, we have 229 acres suitable for industrial use of varying types. As communities west of Hope exhaust existing industrial and commercial space, we will provide a lower cost alternative. Transportation service companies and light manufacturing seem to be a natural fit.

To read the full article: Hope BC Development Plan Includes New Service Land

To learn more about District of Hope: http://www.hope.ca/





      














CREA : The Canadian Real Estate Association - A special article

National resale activity edges down in January

According to statistics released by The Canadian Real Estate Association, the number of homes sold through the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards declined in January 2010 from the previous month.

Seasonally adjusted national home sales dropped 2.8 per cent from near record levels reported in December. Ontario accounted for about half the national decline. Activity was also down in British Columbia, Alberta, and Manitoba, but reached new heights in Quebec.

To read the full article: National resale activity edges down in January

©Source by Canadian Real Estate Association Public Release

      




CBC News: Budget to contain no new spending, taxes: official


The Canadian Armed Forces will play a major role in security at the 2010 Winter Games in Vancouver and Whistler. The Canadian Armed Forces will play a major role in security at the 2010 Winter Games in Vancouver and Whistler.

The federal and provincial governments have revealed their revised estimates for 2010 Olympic Games security, now pegged at $900 million, or almost five times the amount initially estimated.

Under the new agreement, B.C.'s total contribution will be $252.5 million, which includes $165 million in new money that was announced Thursday.

The province's new funding will go toward infrastructure and will involve capital spending spread over three years.

To read the full story: Budget to contain no new spending, taxes: official


©Source by CBC Nws Public Release

       
© 2008 Rogers Broadcasting Limited




July Ono
President of
On the Beach Education

July Ono: President of On The Beach Education Corporation - A special article

REAL ESTATE: BUY IT AND KEEP IT
Food For Thought: Meat & Potatoes or Investor Candy


Wow! Look at that, honey. Azure blue water. Bleached white sandy beaches. Lush tropical flora and fauna. Golden sunshine and all-day bikini attire. Water sports. Kick back and relax with one of those frou-frou drinks served with a paper umbrella. Just think of the possibilities... after we build this resort, the land values are going to skyrocket. Or perhaps the resort is already built and you become a co-owner and share in the rental pool. Or any number of scenarios. You know what I mean. Your emotions get the better of you and all logic goes out the window. You buy on hype and the results are less than satisfying.

I call this type of investment "Investor Candy". It is reserved for those who can afford it and already have an established portfolio. These people have their meat and potatoes investments providing them with ongoing passive income. It all comes down to knowing and following your real estate investment plan; not someone else's.

To read the full story: Food For Thought: Meat & Potatoes or Investor Candy



      




Bonus: Articles and Links

Articles of Interest
Vancouver2010: News Releases
Vancouver Real Estate Blog: Vancouver Real Estate Blog
British Columbia Real Estate Association (BCREA):
BC Home Sales Continue to Climb
Canada Mortgage & Housing Corporation (CMHC):
Home Maintenance Tips for Summer
Seattle Bubble Blogs: Seattle Bubble Blogs

Useful Links
Property & Open House search: REALTOR.ca
Home Buyers & Sellers: realtylink
The Vancouver Sun website: The Vancouver Sun
The Province website: The Province
CityTv Vancouver website: CityTV
Gordon Price: Pricetags
Peter Kinch: Canadian Mortgage Team
Canada Mortgage & Housing Corp: CMHC
BC Real Estate Association: BCREA
Canadian Real Estate Association (CREA): CREA News








News1130 is Vancouver's only official radio station of the 2010 Winter Olympics. Tune-in to News1130 for all your Olympic news and information for Team Coverage, Breaking News and what's Happening Now as we journey along the road to the winter Olympics. The News1130 reporters will be granted exclusive access to be on-location and in-venue at the 2010 games as well as first-hand interviews with athletes moments after they cross the finish line.

This exciting opportunity is few and far between for News1130 as well as for businesses that would like to be associated with this Olympic experience. Your company’s message will be heard locally on the radio and internationally as we have listeners tuning in from all over the world through our live online streaming available on News1130.com.

Did you know? News1130 listeners are 47 percent more likely than the average Vancouver population to invest in real estate. Also, over 37,900 News1130 listeners own a second recreational property.

In such a competitive real estate market and a changing economy, it becomes more and more difficult for companies to differentiate themselves from so many others. A vast majority uses print and flyers. Not many are using radio to sell themselves in the Lower Mainland. The radio market is relatively untapped. Busy professionals and business people are spending less and less time reading newspapers.

With a well-written radio on-air commercial, you can raise your profile, establish yourself as an expert in the industry and make your name very well-known which will in turn equate to traction and sales.

News1130
leads the market in Lower Mainland listenership, reaching the real estate investor, professional community and higher house hold demographic. We have tremendous credibility in the market place as the only all-news station

Please feel free to contact us at anytime to discuss how an advertising campaign on our "All News" radio station can help tremendously with your business.

Brandy Wright @ 604-877-4452 brandy.wright@news1130.rogers.com

News1130 – ALL NEWS RADIO
Official Radio Station of the Vancouver 2010 Olympic Winter Games

Phone: 604.873.2599 I Fax: 604.875.6054
Listen Live at
www.news1130.com





Current Stats and Highlights


Current Mortgage Rates (abbreviated updated Mar. 1)

Closed Term Open Term
Lender Name 6 Mo 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 7 Yr 10 Yr 6 Mo 1 Yr
Royal Bank 4.65% 3.40% 3.75% 4.15% 5.04% 5.39% 6.65% 6.80% 6.45% 6.45%
TD Canada Trust 4.60% 3.65% 3.95% 4.30% 5.04% 5.39% 6.30% 6.50% -- 6.55%
Scotiabank -- 4.35% 3.95% 4.30% 5.04% 5.39% 6.60% 6.95% 6.50% 6.55%
Bank of Montreal 4.65% 3.00% 3.75% 4.15% 5.04% 5.39% 6.60% 6.70% 6.45% 6.45%
CIBC 4.65% 3.60% 3.75% 4.15% 5.04% 5.39% 6.65% 6.80% 6.70% 6.45%
Coast Capital Savings 4.50% 2.50% 3.00% 3.50% 3.75% 3.75% 5.00% 5.25% 5.50% 4.00%
North Shore Credit Union 4.65% 3.60% 3.75% 4.15% 5.04% 5.39% 6.60% 6.80% 6.45% 6.45%
HSBC 4.65% 4.35% 3.95% 4.50% 5.14% 5.49% 6.65% 6.80% 7.00% 7.45%
Prospera Credit Union 4.65% 3.60% 3.75% 4.15% 5.04% 3.69% 6.65% -- 6.45% 6.45%
Vancity 4.65% 3.60% 3.75% 4.15% 5.04% 5.39% 6.60% 6.70% 6.45% 6.45%

Provided by Canadamortgage.com

Additional Mortgage Rates


Provided by Jessi Johnson

This data is for information purposes only and should be verified by contacting the indicated financial institution.
Rates are subject to change without notice. Rates are compounded semi-annually, and not in advance.




      




Statistics Canada - A special article

Industrial product and raw materials price indexes

In January, the Industrial Product Price Index (IPPI) and the Raw Materials Price Index (RMPI) rose 0.3% and 3.3% respectively, led by a rebound in petroleum prices.

The IPPI posted a 0.3% gain in January, larger than the 0.1% increase in December and smaller than the 1.0% increase in November. It was the third consecutive monthly advance of the IPPI.

In January, petroleum and coal prices rebounded 4.4%, after declining 1.4% in December. Higher prices in this commodity group were the biggest contributor to the IPPI increase, followed by primary metal products (+1.7%).

To read the full article: Industrial product and raw materials price indexes

©Source by Statistics Canada





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