A recent story in the Vancouver Sun spells out the potential benefits and the reasons why BC has been slow in getting this going. It appears that the legal framework is lacking in BC (this type of ownership already exists in many provinces) and this seems due to multiple levels of government not wanting additional legal responsibility.
My question would be this: If it’s working in other provinces of Canada and other parts of the world why can’t it work here? It would seem that those other provinces allowing freehold townhomes should be consulted but that might require provinces talking to one another so don’t hold your breath.
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