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Experts mull complexity of B.C.’s new LNG tax
For potential liquefied-natural-gas producers in British Columbia, separating which of their profits come from activities in the province — versus their foreign operations — for the purposes of B.C.’s new LNG tax could be the biggest issue raised by the levy that was introduced this week, according to one expert. Draft legislation tabled by Finance Minister Mike de Jong Tuesday calls for a two-tiered levy from income on gas-liquefaction activity in B.C., separate from regular federal or provincial income taxes.
Emerging Markets: Vancouver architect Bing Thom’s latest project, a $350-million opera theatre, brings him full-circle
Renowned Vancouver architect was born in Hong Kong, but his grandfather was an early Chinese immigrant to B.C.
Don Cayo: Simplistic studies don’t tell the whole story about municipal governance
If residents of West Van or Vancouver don’t care about services and amenities, their course of action is clear — pack up and move to Surrey.
The promise of LNG has B.C.’s Northwest buzzing
Even as communities prepare for the boom, they realize it may never happen
Agriculture: Go north, young farmer
A trickle of young farmers are heading north and the reason is simple: low land prices. “Land is up around $55,000 to $60,000 per acre in the lower Fraser Valley for farm-sized agriculture land,” said Gord Houweling, a Lower Mainland-based agent for B.C. Farm and Ranch Realty Corp., who was a dairy farmer for more than 30 years before getting into agriculture real estate. “In the Vanderhoof area there was a large parcel of irrigated land selling for $2,000 to $3,000 per acre.