Enjoy sensational ocean and mountain views from your 3,600 sq ft home, located in Garibaldi Highlands. The home features 3 levels, 4 bedrooms + office, 3 full bathrooms, formal dining room, family room w/wood burning fireplace, lower level perfect for suite, media room or games room. Enjoy BBQ's or hot Tub from South facing multi-level decks which overlook flat landscaped, fenced yard. Flat driveway perfect for boat and double garage offers plenty of room for work bench.

Morgan Rice
mrice@macrealty.com
604-849-2668

REALTOR®

Investors and developers planning to do business on reserve land will find it easier thanks to new provincial legislation. Bill 43, the First Nations Commercial and Industrial Development Act (FNCIDA) Implementation Act, introduced in the BC Legislature on May 3, 2012, will create certainty for business by enabling provincial laws and regulations to apply to major commercial, industrial and residential projects on First Nations lands.

“We have been working in partnership with local, provincial and federal governments on this initiative because we believe it will enable our lands to compete on a level playing field in the marketplace.” Squamish Nation Chief Ian Campbell

Currently, provincial laws and regulations don’t apply to reserve lands. First Nations lands are under the jurisdiction of the federal government and only the federal government has the authority to make laws for “Indians, and Lands reserved for the Indians,” as set out in the Constitution Act,1867, s 91(24) and under the Indian Act.

One notable exception is the Tsawwassen First Nation (TFN). Its landmark 2008 Tsawwassen treaty with the federal and provincial governments gave the TFN self-governing powers similar to those of a municipality and land in fee simple, which it can lease.

Of the province’s 198 First Nations, 116 have expressly stated they want the same rights as the TFN by participating in the BC Treaty Commission’s treaty negotiation process. However, progress has been slow, often taking years. During this time, business opportunities are being lost – and their accompanying economic and social benefits including jobs and tax revenue.

Bill 43 holds the potential to speed and simplify business activity by creating a level regulatory playing field so that developments on reserve lands are subject to the same provincial regulations that apply to off-reserve developments. This will lead to certainty for business, residents and neighbouring local governments.

The impetus for the new legislation came from requests from two First Nations involved in two projects:

• The Haisla Nation which has a proposed liquefied natural gas facility for its lands near Kitimat; and

• The Squamish Nation which has a proposed commercial and 600 unit, four-tower residential development for its lands in West Vancouver.

“The District of West Vancouver looks forward to working with the Squamish Nation as they enter a new phase of economic development and prosperity. We will work together to develop a servicing agreement which is fair and equitable to both parties.” District of West of Vancouver Mayor Michael Smith

Bill 43 will operate at the request of a First Nation and will also be project-specific. For example, a First Nation planning a mixed-use development alongside a stream can ask the federal and the provincial governments to produce project-specific regulations, which the province will have the authority to monitor and enforce.

Regulations could span everything from the building code to environmental issues to a land title system and a title assurance fund compatible with the BC land title system.

Bill 43 will work with two pieces of federal legislation:

• the First Nations Commercial and Industrial Development Act (FNCIDA) (2006), which facilitates commercial and industrial development on First Nations lands by allowing provincial regulations to be replicated and to apply on reserves; and

• the First Nations Certainty of Land Title Act (2010), which gives the federal government the authority to make regulations respecting commercial land title at the request of a First Nation where the First Nation has the support of a private sector partner and the provincial government.

Currently, First Nations land interests are registered under the federal Indian Lands Registry System, which contains three separate deeds-based systems:

• the Indian Land Registry System (ILRS), which includes documents related to and interests in reserve (and any surrendered) lands administered under the Indian Act;

• the First Nations Land Registry System (FNLRS), which includes land records of First Nations operating under their own Land Code as set out in the First Nations Land Management Act (FNLMA); and

• the Self-Governing First Nations Land Register (SGFNLR), which includes First Nations self-government agreements and documents which grant an interest in self-governed First Nation lands.

None of these systems is as secure as the Torrens-based land registration system used in BC.

Bill 43 will work with the First Nations Certainty of Land Title Act (2010), to enable the provincial government to create, at the request of a First Nation, a land title system administered by the provincial Land Title and Survey Authority (LTSA) on behalf of the federal government.

The Squamish First Nation has made this request. A new land title system will be created for residents of the proposed Squamish project, who will be able to register leases with the provincial LTSA on behalf of the federal government.

The Squamish First Nation will also negotiate a range of service agreements, for example, transportation, schools, water and sewer.

Great Price! Undisputed "Best Building" in Squamish. 2 Bedrooms with 2 full Bathrooms overlooking the central plaza water fountain and Squamish Chief. ROCKCLIFF is a steel and concrete tower part of 25 acre Eaglewind community. Winner of Best Community Development 2008. Features: Guest Suite, Lounge, 11 Acres of Park with: Walking Trails, Community Garden, Tennis Court, Fenced Dog Walk and Kids Play Park. High security building with 2 Underground Parking & Storage Locker. Easy drive to Whistler. Commute to Vancouver, Burnaby or in a flash.

Morgan Rice
mrice@macrealty.com
604-849-2668

REALTOR®

3 Bedroom Townhome with 3 bathrooms. Oversized garage. Custom paint and glass tile. All families want to live here. Unit is situated to take advantage of sunlight and is well back from the road making this a desirable choice. The Eleme nts is famous for modern design, family living and central Squamish location.

Morgan Rice
mrice@macrealty.com
604-849-2668

REALTOR®

THE WHOLE FAMILY WILL BE HAPPY HERE! 6 Bedroom home has 4 Beds in the main home plus a seperate 2 Bedroom suite. 5 full bathrooms including 2 ensuites in the main home and a full bathroom on the main floor. Energy use is kept low with the radiant hotwater heating. Over 2,300 sq/ft of living space on the ground level making the home enjoyable for all ages. THE KITCHEN IS SECOND TO NONE IN SQUAMISH! One of the largest installations of granite counter tops & 8 stainless steel appliances. Host your entire family for the holidays! Over 12,000 sq/ft property is fenced and private with a covered out-door living room. Everyone wants to live on this street! Enjoy a walkable lifestyle close to shopping mall, school & transportation.

Morgan Rice
mrice@macrealty.com
604-849-2668

REALTOR®

Solid 4 bedroom home with a 1 bedroom suite. Low maintenance property located near new developement that will increase home values. New roof and exterior siding in 2006. Suite has a new hot water tank and floors. Single garage plus lots of parking for an RV. If you want rental income or have a loarge family this is for you. Currently tenanted main level rented at $1450/mo + lower level at $1050/mo = $2500/mo income. Please allow 24 hours for viewing.

Morgan Rice
mrice@macrealty.com
604-849-2668

REALTOR®

COURT ORDERED SALE will be sold "AS IS WHER IS' - exceptional location with large west facing lot, cute old timer on quiet cul-de-sac in Britannia Beach, a perfect 'half-way' location between Vancouver and north sewer, water and power. This home has lots of potential for your decorating ideas or rebuild into your dream home. The new commercial area at Britannia Beach will include a restaurant, gas bar, and small businesses. Enjoy a lifestyle that is second to non, clean air, unlimited recreational pleasures and less expensive and shorter commute.

Morgan Rice
mrice@macrealty.com
604-849-2668

REALTOR®

Bank of Canada Interest Rate Decision - April 17, 2012

The Bank of Canada left its overnight rate unchanged at 1 per cent for the 13th consecutive meeting. In the statement accompanying the decision the Bank noted that economic momentum in Canada is slightly firmer than the Bank had forecast in January and that economic headwinds from the US and Europe have abated somewhat. However, the Bank still judges the continued accumulation of debt by Canadian households to be the biggest domestic risk facing the economy. The Bank further noted that the degree of economic slack has been smaller than anticipated in January and that the economy is now expected to return to full capacity in the first half of 2013. Given a more rapid return to full capacity, we may see rate increases sooner than the mid-2013 date that most economists have penciled in. Indeed, the Bank sounded a more hawkish note in concluding their statement on the interest rate decision, citing that a modest withdrawal of monetary stimulus may become appropriate given firmer underlying inflation. However, the Bank was careful to condition that any withdrawal of stimulus would need to be balanced against domestic and global economic developments.

Our bias, and our modeling, still point to rates remaining at 1 per cent until the first quarter of 2013. However expectations of an increasingly hawkish Bank of Canada may start to get priced into long-term interest rates which could push mortgage rates higher in coming months.

2 bedroom 2 full bathroom condo at the Squamish Pointe building. Bright South facing unit with underbuilding parking, gas fireplace and views of the Tantalus Mountains and Squamish Chief. Located in the heart of the Downtown improvements and future Oceanfront development plans. Suitable for your personal residence or rental investment property. Gas and hot water included in the strata fees. Call now! Squamish is now a fast enjoyable drive. 45 minutes to Vancouver or World Class Whistler Village.

Morgan Rice
mrice@macrealty.com
604-849-2668

REALTOR®

Great family home on beautiful Pemberton Plateau. Super floor plan, open layout and spacious - perfect for entertaining your family & friends. Features - hardwood flooring, wood burning fireplaces, loads of storage, double garage, & more!

Morgan Rice
mrice@macrealty.com
604-849-2668

REALTOR®

View this recently sold House or see all my home sales

Morgan Rice
mrice@macrealty.com
604-849-2668

REALTOR®