Immigrant Investor Program

Sotheby's Int'l Realty

Why Vancouver House Prices Have Been Unusually Volatile -- And What's Next

The fact that the Home Price Index has obscured the extreme and unusual volatility in average detached home prices may itself be a problem. Few home buyers or sellers are likely aware that it is even occurring. It certainly hasn't been widely reported. Since early 2011, average house prices have changed direction by a factor of 10 per cent or more five times. Such volatility had never happened before, and the swings are getting wilder.
AP

Will Axing Investor Immigrants Kill Vancouver Home Prices?

Since Canada's government announced that it was axing the Immigrant Investor Program, there has been plenty of speculation about what that means for the second-most unaffordable property market in the world, where a dumpy bungalow can have almost triple the asking price as a castle on the other side of the country. The average price of a detached home in greater Vancouver? $1,259,775.
CP

Rich Chinese Always Welcome: MP

After the Conservative government froze and then cancelled the Immigrant Investor Program, Immigration Minister Chris Alexander is still wooing Chinese millionaires. Alexander used an interview with...
CP

Program Cut Infuriates Brad Wall

REGINA - Saskatchewan Premier Brad Wall is frustrated that the federal government is scrapping the Immigrant Investor Program for all provinces except Quebec.Wall said he knows Ottawa had concerns abo...
Alamy

Immigration Programs On Hold: Kenney

CALGARY - Federal Immigration Minister Jason Kenney says it's time to hit the "reset button" and temporarily put the brakes on new applications under two programs popular with skilled workers wanting...