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Category Archives: Government

Government Information

StatCan: Racial Borrowing Disadvantage

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Get your complementary Pre-Approval from aDiamondMortgage, here. Racial, sexual minorities at borrowing disadvantage – StatCan The agency says certain demographics face specific challenges Racial and sexual minorities tend to be underrepresented when it comes to borrowing and home-buying activity, according to Statistics Canada. Nearly three-quarters (73%) of the Canadian population lived in a property owned by a member [&hellip…

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Home Sales “Cooling Off” Period B.C.

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B.C. Government Plans “Cooling Off” Period for Home Sales The Government of British Columbia plans to inject some sober second thought into the province’s hot real estate market by introducing a “cooling-off” period for home sales in the spring. The proposal would allow buyers a period of time where they could back out of their [&hellip…

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Forfeiture of $2.8 million condo

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BC seeks forfeiture of $2.8 million condo It is owned by an alleged COVID-19 violator A civil action has been filed in British Columbia Supreme Court that could see the owner of a condo in Vancouver stripped of his property after allegedly violating COVID-19 restrictions. The director of civil forfeiture filed the claim last week [&hellip…

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