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Category: Residential

Kelson plans $140M downtown Kamloops multifamily project

Steve McLean Residential Development British Columbia Sep. 23 2020

Kelson Group has revealed plans for a $140-million multifamily development in downtown Kamloops, B.C. called City Gardens. “We started pursuing these properties in the mid-1990s,” Kelson president Jason Fawcett told RENX. “The previous owners were developers of two adjacent 10-storey

The feds may move to hike capital gains tax: a bad idea

Mark Goodman and Cynthia Jagger Residential Government National Sep. 23 2020

OPINION: Concerns are mounting that the delayed 2020 federal budget will include an increase in the capital gains tax on income-producing real estate. We contend that lowering the tax should be considered for owners of multifamily housing. Originally scheduled to

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