Tri-City News February 10 2016

Page 1

HOCKEY & HISTORY

Sandy Michie, who turns 84 on Friday, and grandson Mathew will both be at the Coquitlam Express game on that day to honour hockey history locally and the Coquitlam Comets, of which Sandy was a founder. Please see article in TC Sports, page 27

ONLINE 24/7: TRICITYNEWS.COM

TC ARTS/ENTERTAINMENT: 24

Mountain film fest and much more REAL ESTATE

Shadow flipping to be probed Realtors accused of some violations JEFF NAGEL BLACK PRESS

An investigation has been ordered into allegations some Metro Vancouver real estate agents and allied speculators engage in shadow flipping where they insert themselves as middlemen in property deals to exploit local sellers and offshore buyers. The province’s superintendent of real estate, Carolyn Rogers, is to work with an advisory committee of the Real Estate Council of BC to tackle the issue. Contract assignments are

legally allowed when the supposed home buyer doesn’t close the deal but sells the contract to someone else. Standard assignment clauses can be invoked when a buyer is unable to close but finds another buyer rather than break the deal. But realtors who are aware of or are party to a scheme to resell contracts without the knowledge of the seller and ultimate buyer may be in violation of their duty to act in their clients’ best interests. “We are deeply concerned,” the Real Estate Council of BC said in a statement that described its response as “an urgent matter.” see FORMAL INQUIRY, page 7

TC

Por t Moody’s

HAPPENING GUIDE

is inside!

Register for spring rec pr ograms at portmoo dy.ca/re creation

INSIDE: Schools & self-regulation, part 2 [pg. 3]] / A special dancer [[pg. 20]] WEDNESDAY, FEB. 10, 2016 Your community. Your stories.

TRI-CITY

NEWS

PORT MOODY REMEMBRANCE

DIANE STRANDBERG/THE TRI-CITY NEWS

Port Moody resident Guy Black with photos of June and James Moreau, late veterans of the Second World War. Black is asking for photographs of veterans of all Canadian conflicts, including the Korean War and recent peacekeeping activities, for a display he plans to put together and install at a local facility this year. The veterans must have lived in Port Moody or currently reside here. See story on page 4.

CONTACT THE TRI-CITY NEWS: newsroom@tricitynews.com / sales@tricitynews.com / delivery@tricitynews.com / 604-472-3040

British Columbia Christian Academy A Tri-City Pre K-12 Christian School Since 1992

Please visit us and learn more about what BCCA can offer you! Kindergarten Open House: Mondays at 9 am – 10 am | February 15 & March 7 “C Our Story Tours”: Tuesday, February 16 at 9 am | Thursday, March 3 at 7:30 pm www.bcchristianacademy.ca RSVP 604-941-8426

1019 FERNWOOD AVENUE, PORT COQUITLAM


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Tri-City News February 10 2016 by Tri-City News - Issuu