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White Rock waterfront home sells for less than it did just three years ago
HOME BUYERS – To get the best exclusive listings visit https://www.vreg.ca and go to “EXCLUSIVE DEALS” Real estate in BC has become less about shelter and, in some cases, more about investment potential, but one White Rock home has proven not to be the best investment for its former owner. A home in White Rock…
Volunteers plant trees in area they say was damaged by pipeline construction
Posted August 9, 2024 9:27 pm. Last Updated August 9, 2024 9:31 pm. The Mountain Protectors — an Indigenous-led group dedicated to monitoring the construction of the Trans Mountain Pipeline expansion in Burnaby — says it is trying to regenerate the land that has been damaged during that process. Jim Leyden and Sam Munn, along with a handful of volunteers, have planted more than 100 trees in the stretch of land between Gaglardi Way and Lougheed Highway in Burnaby. “Every tree we plant, we take power back from the oil industry that would rather just come through here and gut everything and leave,” said Leyden “We want to remediate the sites so they get back to where they were. Be good neighbours.” They are hoping to revitalize the area and return it to a forest — measures they say should be taken by Trans Mountain. “I would like them to come and do the things they say they would do and take care of the things they say they would take care of,” Leyden said. “A spiritual contract goes from the beginning to the end, and not the beginning until someone gets out what they want. And that is the history of the resource industry.” In a statement, Trans Mountain says, in part, “Work crews are finishing final cleanup and reclamation activities along the pipeline corridor in Burnaby, which will continue through 2024. All remediation work is performed under a Canada Energy Regulator-approved Reclamation Management Plan…” Part of the company’s reclamation commitment, in a section for parks and sensitive areas, reads, “Our goal is to protect rare plant species and reestablish native plant communities,” but the Mountain Protectors say this hasn’t been fulfilled by Trans Mountain. “Even that kind of bare-minimum commitment they made to the people here,” Munn said. Munn is hoping the trees they planted will survive the summer, and the group is looking for volunteers to help them water the saplings to help replenish the land.
The formula for calculating condo strata fees can vary
Richmond condo is concerned about how their strata fees are calculated Published Aug 07, 2024 • Last updated 2 days ago • 2 minute read A condo owner is concerned by unequal share of common costs and lack of transparency in strata fee calculations. Photo by echoevg Getty Images Dear Tony: We bought a condo in Richmond last fall. We have been disputing how the strata fees and a special levy have been calculated, as there is a fairness issue. In our townhouse complex created in 2008, everything is based on an equal share. Everyone pays 1/78th of all common costs. Some units are almost twice the size of others, and have families, while smaller units are occupied by single owners. In essence, the smaller units are subsidizing the larger units. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Vancouver Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Vancouver Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. Sign In or Create an Account or Article content At the time of purchase, we noticed that only the monthly strata fee was disclosed on the Form B. Buyers don’t see the formula that is applied by the strata corporation to the calculation of strata fees or special levies for common costs. How is this fair? — J.B.K., Richmond Dear J.B.K.: Every strata corporation has a filed schedule of unit entitlement, or amendments, in the Land Title Registry. I encourage all buyers to access a copy of the schedule before they purchase, to understand what their share of the common costs and liabilities will be. A common schedule for bare land strata corporations generally applies for equal share, as the strata lot is the land, not the homes, which are not shown on the strata plan. Depending on the time period when the strata plan was filed, you may also find townhouse communities and apartment-style buildings were identified with the same equal