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  #841  
Old Posted Sep 20, 2016, 6:03 AM
whatnext whatnext is offline
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Grouse Mountain to be sold. 100-1 it goes to Chinese buyers.

http://www.theglobeandmail.com/news/brit...ar-vancouver-to-be-sold/article31960387/
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  #842  
Old Posted Sep 20, 2016, 7:10 AM
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Originally Posted by whatnext View Post
Grouse Mountain to be sold. 100-1 it goes to Chinese buyers.

http://www.theglobeandmail.com/news/brit...ar-vancouver-to-be-sold/article31960387/
my money is on a Chinese 'Student'
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  #843  
Old Posted Sep 20, 2016, 5:18 PM
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Originally Posted by whatnext View Post
Grouse Mountain to be sold. 100-1 it goes to Chinese buyers.

http://www.theglobeandmail.com/news/brit...ar-vancouver-to-be-sold/article31960387/
I guess the McLaughlin family recognize global warming and decide to get out of the winter resort business before they start bleeding money, at a time when real estate is still hot in this city: Wise move. Buyers beware.
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  #844  
Old Posted Sep 20, 2016, 6:22 PM
trofirhen trofirhen is offline
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Quote:
Originally Posted by whatnext View Post
Grouse Mountain to be sold. 100-1 it goes to Chinese buyers.

http://www.theglobeandmail.com/news/brit...ar-vancouver-to-be-sold/article31960387/
Quote:
Originally Posted by hollywoodnorth View Post
my money is on a Chinese 'Student'
Quote:
Originally Posted by Vin View Post
I guess the McLaughlin family recognize global warming and decide to get out of the winter resort business before they start bleeding money, at a time when real estate is still hot in this city: Wise move. Buyers beware.
..... yeah, not lucrative any more as a ski resort and whoever buys it will no doubt wave a few million under the province's nose to allow them to build mountaintop condos....
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  #845  
Old Posted Sep 21, 2016, 8:50 PM
red-paladin red-paladin is offline
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http://www.cbc.ca/news/canada/british-columbia/vancouver-tech-jobs-1.3772400

"High tech sector now employs more people than mining, oil and gas and forestry sectors combined"

But no, I'm sure we'll have some small town haters on the forum that repeatedly state that Vancouver is a resort town with only resource sector and starbucks jobs with no real economy...
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  #846  
Old Posted Sep 21, 2016, 9:03 PM
trofirhen trofirhen is offline
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Originally Posted by red-paladin View Post
http://www.cbc.ca/news/canada/british-columbia/vancouver-tech-jobs-1.3772400

"High tech sector now employs more people than mining, oil and gas and forestry sectors combined"

But no, I'm sure we'll have some small town haters on the forum that repeatedly state that Vancouver is a resort town with only resource sector and starbucks jobs with no real economy...
Not me. Not this time. I'm thrilled to bits that this is the case, if true, especially given the exhorbitant housing costs in Vancouver.
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  #847  
Old Posted Sep 21, 2016, 9:06 PM
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Originally Posted by red-paladin View Post
http://www.cbc.ca/news/canada/british-columbia/vancouver-tech-jobs-1.3772400

"High tech sector now employs more people than mining, oil and gas and forestry sectors combined"

But no, I'm sure we'll have some small town haters on the forum that repeatedly state that Vancouver is a resort town with only resource sector and starbucks jobs with no real economy...
Yet we still don't have uber....
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  #848  
Old Posted Oct 19, 2016, 7:11 PM
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Not sure what thread to post this, but Conde Nast just came out with their annual Reader's Choice Awards, for hotels, resorts, spas, etc... Vancouver/BC did very well as usual. Some highlights: Vancouver Island voted #6 best island in the world, and notably the only non-tropical or Mediterranean island on the list. Vancouver itself was voted #6 best international city (ie. all cities outside of the US). Victoria was #7 right behind. For comparison (we all love healthy competition right?) Montreal was #39 and Toronto #37, these were the only 4 Canadian cities on the list.

For hotels it is interesting... They actually have a separate category for "Vancouver Hotels" versus all other hotels in Canada! I've never seen this before. So there is a category for "Top Resorts in Canada", "Top Hotels in Canada" and "Top Hotels in Vancouver". The Vancouver hotels dominated so much they needed to be taken out of the Canada-wide measure and put into their own reader's choice category! Check out all the awards here:

http://www.cntraveler.com/travel-awards/readers-choice-awards
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  #849  
Old Posted Oct 19, 2016, 7:14 PM
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Originally Posted by whatnext View Post
Grouse Mountain to be sold. 100-1 it goes to Chinese buyers.

http://www.theglobeandmail.com/news/brit...ar-vancouver-to-be-sold/article31960387/
Their first tranche of marketing must not have met expectations. I just got my brochure in the mail!

(OK, I'm in the commercial institutional real estate business, but c'mon guys.)
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  #850  
Old Posted Oct 19, 2016, 11:48 PM
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Independent games developer shutters Yaletown studio, 150 employees out of work
http://vancouversun.com/business/local-b...aletown-studio-150-employees-out-of-work
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  #851  
Old Posted Oct 21, 2016, 1:28 AM
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Help us or we may leave Vancouver, Lululemon tells Ottawa

Quote:
One of Vancouver’s most successful companies is warning it may be forced to move its 1,200-employee head office outside the country because of problems with the federal government’s Temporary Foreign Worker Program.

Vancouver-based Lululemon Athletica Inc., which earlier this year delivered a scathing written critique of the strict TFW rules on hiring foreigners, wants the same kind of exemption Ottawa grants to universities, the film industry and Microsoft.

That would allow the athletic apparel retailer, with global revenue of $2.1 billion in 2015, to avoid going through a time-consuming labour market impact assessment (LMIA) process before recruiting a senior manager or design expert from one of the world’s apparel hubs, like London, New York or San Francisco.

“Our growth and our ability to remain headquartered in Vancouver will require that the vertically-integrated apparel industry be granted a similar LMIA transition plan exemption as the film industry and academia,” the company stated in a paper submitted to the House of Commons finance committee in late July.

The B.C. Federation of Labour this week accused Lululemon of issuing a “threat,” though the Business Council of B.C. said Ottawa should make it easier to bring in people with specialized technical and professional skills.

Lululemon executives were asked Tuesday morning to comment on the statement to MPs about its head office, but as of late Wednesday afternoon the company hadn’t responded.

Ottawa’s market assessment process, toughened through reforms by the Conservative government of the day in 2014, includes the requirement that companies advertise openings to Canadians over a lengthy period before they can offer jobs to foreign workers.

Other companies in B.C.’s apparel industry, which had a total $3 billion in sales last year, also need greater freedom to headhunt around the world, according to Lululemon.

“In order to keep growing, our industry needs to continue to attract and retain top international talent, from specialized design roles to specialized technical product development and testing roles, and much more.”

The exemptions should apply, it said, to a specific group of hard-to-find employees: senior managers, especially those in areas like purchasing and manufacturing, and experts in design and product development.

The company said it already invests considerable time and money trying to train and recruit employees, but that there isn’t a deep enough talent pool in Canada to meet the company’s needs.

...

The former government, after being heavily criticized for the widespread and growing use of foreign workers, especially in low-wage sectors, toughened rules in 2014 to make it an option of last resort.

John McCallum, the immigration minister in the Trudeau government, indicated over the summer that the government is prepared to accept temporary foreign worker changes by getting rid of “silly rules” that hurt businesses.

The House of Commons committee on human resources, skills and social development, in a report last month to the federal government, recommended “that some industry-specific exemptions be contemplated.”

The report came from MPs who had heard testimony from a number of B.C. companies and organizations, including Lululemon, the Whistler Chamber of Commerce and, speaking in support of the city’s high-tech sector, the City of Vancouver. All wanted a smoother route to hiring foreigners.

Federal reforms are expected in late 2016 or early 2017.
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  #852  
Old Posted Nov 8, 2016, 1:14 AM
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So now that Justin announced a marine protection plan that presumably paves the way for Transmountain pipeline expansion, is his bromance with Gregor over?

http://vancouversun.com/news/local-news/...ional-coastal-strategy-at-vancouver-stop
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  #853  
Old Posted Nov 8, 2016, 2:34 AM
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It is almost as if the Federal Liberals are a strong centralist, non single issue, party.

They balance both environmental issues and economic issues!

Refreshing to see such a party in power again.
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  #854  
Old Posted Nov 18, 2016, 7:27 AM
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Most barbers already serve beer

Quote:
New booze regulations coming into effect January 23, 2017, will allow for almost all British Columbia businesses to apply for liquor primary licences next year, making it possible for stores, salons, art galleries and other enterprises to serve liquor to customers.

The provincial government made the announcement November 16, saying the changes are being implemented to give local businesses a chance to increase their revenue streams and also to provide more opportunities for craft breweries and wineries to sell their products.

Victory Barber & Brand owner Matthew Conrad said his shop has been waiting for this change since it opened five years ago.

“The simple act of serving spirits or a local craft beer with our services will be an added luxury for our clientele,” he said.

“But what is truly exciting is it allows businesses like mine to break out of the restrictive mould of the commonly expected business model.”

Businesses that wish to apply for the licences will require their staff to go through the “Serving-It-Right” certification process.

This change is part of the province’s sweeping liquor policy review recommendations announced by the government at the end of 2013. A total of 73 action items were listed at that time, and the B.C. government said 48 of these changes have been implemented. One of the biggest changes that has been put in place is allowing pubs and restaurants to hold “happy hours,” in which drink prices can be different during certain parts of the day.

Some of the other changes include allowing liquor sales from grocery stores, permitting restaurant customers to order alcohol without purchasing food, streamlining the application process for Special Occasion Licences.

The only businesses that will not be able to apply for the liquor licences are those that target minors or operate from motor vehicles.
https://www.biv.com/article/2016/11/almost-all-bc-businesses-can-apply-liquor-licences/
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  #855  
Old Posted Nov 24, 2016, 7:03 AM
whatnext whatnext is offline
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Aww, guess all those shitty fuerdai drivers are goign to have to pay teh actual actual cost of their insurance:

ICBC will stop insuring high-end luxury cars

Driving your Bugatti around town will likely cost much more in the near future. The BC Government is planning to stop allowing owners of luxury vehicles worth more than $150,000 to get their insurance through ICBC....

...According to Stone, there are about 3,000 cars worth more than $150,000 insured in BC this year, a 30 per cent increase from three years ago. He says it’s unfair to expect drivers of average cars to subsidize the cost to fix luxury cars. “Right now, whether a person drives a $25,000 Honda Civic or whether that person drives a $200,000 Lamborghini, their insurance rates are similar, while the costs of repair are substantially different....


http://www.news1130.com/2016/11/23/icbc-will-stop-insuring-high-end-luxury-cars/
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  #856  
Old Posted Nov 24, 2016, 7:57 AM
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$150K isn't even all that much these days. There are a lot of non-highend cars that can hit that pricepoint. Just increase the rates accordingly instead of creating some artifical cutoff.
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  #857  
Old Posted Nov 24, 2016, 6:05 PM
jollyburger jollyburger is online now
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I actually wondered how that worked knowing how much replacement parts for luxury cars must cost.

But I wonder about their cut off point. Are parts for $100K cars are that much cheaper? I guess the new $149,999 car market will boom.
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  #858  
Old Posted Nov 24, 2016, 7:04 PM
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Quote:
Originally Posted by jollyburger View Post
I actually wondered how that worked knowing how much replacement parts for luxury cars must cost.

But I wonder about their cut off point. Are parts for $100K cars are that much cheaper? I guess the new $149,999 car market will boom.
It's likely that it gets exponentially more expensive as the car value increases.

Smaller production runs mean that spare parts are harder to come by, and are subject to extreme price variability.

What if you can't get a spare part for your 1 of 20 Lamborghini? Well you can write the entire car off, or spend a ton of money getting a part manufactured one-off.

Cars in the $100K range still tend to have a lot of parts in common with cheaper vehicles, and subsequently have cheaper, more widely available spare parts.
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  #859  
Old Posted Nov 24, 2016, 9:31 PM
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Originally Posted by Alex Mackinnon View Post
It's likely that it gets exponentially more expensive as the car value increases.

Smaller production runs mean that spare parts are harder to come by, and are subject to extreme price variability.

What if you can't get a spare part for your 1 of 20 Lamborghini? Well you can write the entire car off, or spend a ton of money getting a part manufactured one-off.

Cars in the $100K range still tend to have a lot of parts in common with cheaper vehicles, and subsequently have cheaper, more widely available spare parts.
Yes I imagine getting a bumper for that tasteful Peptobismo pink Lamborghini rolling around town would be quite pricey.
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  #860  
Old Posted Nov 25, 2016, 7:36 AM
jollyburger jollyburger is online now
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Originally Posted by Alex Mackinnon View Post
It's likely that it gets exponentially more expensive as the car value increases.

Smaller production runs mean that spare parts are harder to come by, and are subject to extreme price variability.

What if you can't get a spare part for your 1 of 20 Lamborghini? Well you can write the entire car off, or spend a ton of money getting a part manufactured one-off.

Cars in the $100K range still tend to have a lot of parts in common with cheaper vehicles, and subsequently have cheaper, more widely available spare parts.
Agreed and I understand.

But if you're talking about "rich" people who can afford higher premiums after buying a $150K vehicle then it seems to be just as applicable to a $100K car even if their repair costs are slightly lower. Or even if you go a bit higher why is a $140K car covered. I guess there are no super cars going for that price.

Even look at their highest repair bill numbers have 2/5 cars below $150K but with enormous repair bills (sure we don't know the extent of the accidents/repairs)

Quote:
Top five highest repair costs (year-to-date 2016)
Vehicle year: 2015
Vehicle make: McLaren
Vehicle model: 650S
Total repair costs: $93,574
Actual cash value (ACV / Declared value (DV): DV of $405,697

Vehicle year: 2011
Vehicle make: Ferrari
Vehicle model: 458 Italia
Total repair costs: $88,481
Actual cash value (ACV / Declared value (DV): DV of $299,700

Vehicle year: 2016
Vehicle make: Maserati
Vehicle model: Gran Turismo
Total repair costs: $78,999
Actual cash value (ACV / Declared value (DV): DV of $215,654

Vehicle year: 2015
Vehicle make: Mercedes-Benz
Vehicle model: CLS63 AMG
Total repair costs: $76,796
Actual cash value (ACV / Declared value (DV): ACV of $120,952

Vehicle year: 2015
Vehicle make: Porsche
Vehicle model: 911
Total repair costs: $76,617
Actual cash value (ACV / Declared value (DV): ACV of $158,785

Vehicle year: 2011
Vehicle make: Rolls Royce
Vehicle model: Phantom
Total repair costs: $76,474
Actual cash value (ACV / Declared value (DV): DV of $246,500
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