Condos

A man stands in the window of an upper floor condo in Vancouver on March 24, 2020. THE CANADIAN PRESS/Darryl Dyck

Change made to insurance for B.C. condo owners amid rising premiums

Council CEO Janet Sinclair says the change will mean less price volatility

 

Crews pour millions of pounds of concrete for a 44,000 square foot foundation at the Skynest development on Vedder and Watson roads on Tuesday, June 16, 2020. (Jenna Hauck/ The Progress)

VIDEO: Millions of pounds of concrete poured for luxury condo in Chilliwack

The single concrete slab is more than an acre in size and will be the foundation for two buildings

 

Rob Parker, strata council president at the Prestwick townhouse development, seen here in his home on Saturday, March 4th, was told the insurance premium shared by all owners would triple. (Special to Langley Advance Times)

Insurance shock for B.C. condo owners

Claim-free two-year-old townhouse complex told premium will nearly triple