Logic would dictate that big-earning millionaires continue to earn big after settling in Canada. They might take a pause from their business activities while they settle in to their new country, but it's only a matter of time before the money, and the trickle-down benefits, start flowing, right? Not so.
Vancouver Correspondent, South China Morning Post
Ian Young is the South China Morning Post's former international editor. A journalist for more than 20 years, he worked for Australian newspapers and the London Evening Standard before arriving in Hong Kong in 1997. There, he won or shared awards for excellence in investigative reporting and human rights reporting, and the HK News Awards Scoop of the Year. He moved to Canada with his wife in 2010 and is now the SCMP's Vancouver correspondent.
My frequent use of "Chinese" as an ethnic or cultural descriptor has variously resulted in accusations that I am anti-Chinese, pro-Chinese, anti-Canadian, or even anti-Hongkonger. So why mention when someone is (ahem) Chinese to any extent, ethnically, culturally, or by birth?
10/15/2014 02:10 EDT
Vancouver mother Fiona Chen knew her daughter was different, almost as soon as she could express herself. "From age three she refused to wear dresses...there were so many beautiful dresses that I had to give away," said Chen with a laugh. But it was the start of a difficult journey.
05/29/2014 03:39 EDT
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.
05/17/2014 01:29 EDT
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.
03/04/2014 03:36 EST
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