MOVING WITH THE REAL ESTATE MARKET
NORTHERN INVESTMENT OPPORTUNITIES

KITIMAT, TERRACE, FORT ST. JOHN

We are continually looking for investment opportunities for our clients in both local residential real estate and further afield.  Recently, DuMoulin-Miller have been exploring investment opportunities in the Northern regions of British Columbia, specifically Kitimat, Terrace and Fort St. John.

WHY HERE?

  • In October Canada celebrated the single largest private investment in Canadian history with the $40-billion liquefied natural-gas export terminal on B.C.’s North Coast.
  • Construction of BC Hydro’s Site C Dam (on track for a 2024 in-service date) creates approximately 13,000 person-years of direct employment during construction and continues to add to Northeastern BC’s economic stability and growth.

In December 2018, Philip travelled to Kitimat/Terrace for two days to meet with City Planners and Officials. Both Philip and Sandra are then travelled to Fort St. John on December 4 to explore a residential housing opportunity.

There are entry level as well as more sophisticated investment opportunities to share with you. We will be hosting an Investment Forum in the near term to provide an opportunity for you to learn more and ask questions. In the meantime, please do not hesitate to contact us at any time if you would like to discuss.

Interested or simply have questions? Contact us.

VANCOUVER SUN - OCT 2, 2018

Trudeau calls LNG project in B.C. the biggest private investment in Canada’s history

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Prime Minister Justin Trudeau says Canada is celebrating the single largest private investment in Canadian history with the $40-billion liquefied natural-gas export terminal on B.C.’s North Coast.

Trudeau was in Vancouver on Tuesday to formally announce the giant energy project’s go-ahead, along with Premier John Horgan, LNG Canada and First Nations leaders.

LNG Canada was given final approval late Monday to move to construction by a consortium of oil-and-gas companies headed by Royal Dutch Shell.

Trudeau also announced $275 million in federal support, and pledged that once built, the project will have the lowest carbon intensity of any large-scale LNG facility in the world.

BLOOMBERG - NOV 20, 2018

Goodbye Vancouver. Canada’s Great Housing Boom Is Shifting North

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Forget Vancouver. British Columbia’s housing boom is set to shift to the province’s rugged north as Royal Dutch Shell Plc’s $31 billion liquefied natural gas project sparks an economic boom in the remote region.

British Columbia’s North Coast — a sparsely populated region usually synonymous with untamed wilderness, black bears and glacial fjords– is set for a turnaround as Shell and its four partners ramp up activity on Canada’s largest infrastructure project ever, according to Bryan Yu, deputy chief economist at Central 1 Credit Union.

Residential home prices in the North Coast are set to surge faster than any other region in the province through 2020 as the project in Kitimat prepares to employ as many as 7,500 people at its peak, according to forecasts from Yu. In contrast, prices in Vancouver’s Lower Mainland area — once one of the hottest housing markets in North America — will fall, keeping the overall provincial median price flat.