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Land shortage, economy prompt surge in B.C. commercial real estate sales: board

By Geordon Omand THE CANADIAN PRESS VANCOUVER-A shortage of land and a growing economy fuelled a 47-per-cent surge in the value of commercial real estate sales across British Columbia’s Lower Mainland in 2016, says the head of the region’s real estate board. Figures released Monday by the Real Estate Board ...

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New Mexico tribe puts up land for $160M medicinal greenhouse

By Susan Montoya Bryan THE ASSOCIATED PRESS ALBUQUERQUE, N.M.-On a patch of tribal land in western New Mexico, a company plans to build a $160 million state-of-the-art greenhouse for researching and growing medicinal plants, including marijuana. Bright Green Group of Companies is partnering with Acoma Pueblo on what would be ...

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Pope Francis:Native people have rights over their lands

By Nicole Winfield THE ASSOCIATED PRESS VATICAN CITY-Pope Francis insisted Wednesday that indigenous groups must give prior consent to any economic activity affecting their ancestral lands, a view that conflicts with the Trump administration, which is pushing to build a $3.8 billion oil pipeline over opposition from American Indians. Francis ...

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First Nation says it will distribute and invest $4.5 million compensation

DUCK LAKE, Sask.-A Saskatchewan First Nation says it will receive millions of dollars in compensation on Wednesday from a settlement that stems from a dispute dating back to the 1885 Northwest Rebellion. The Specific Claims Tribunal ruled in 2015 that the federal government breached its lawful obligation to pay Beardy’s ...

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Canadian Press business newsmaker of the year: The Foreign Investor

The Canadian Press Published Tuesday, December 27, 2016 10:09AM EST TORONTO — The foreign investor — the nameless, faceless figure believed by some to be driving up home prices, particularly in Vancouver — has been named The Canadian Press business newsmaker of the year. It’s the first time since the ...

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Trump’s team aims to privatize oil rich American Indian reservations

Monday, 5 Dec 2016 | 8:06 AM ET | 00:40 -Reuters- Native American reservations cover just 2 percent of the United States, but they may contain about a fifth of the nation’s oil and gas, along with vast coal reserves. Now, a group of advisors to President-elect Donald Trump on ...

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First Nation accepts $50M settlement for land in Nanaimo, B.C.

NANAIMO, B.C.-Members of a First Nation on Vancouver Island have ratified a nearly $50-million settlement with the federal government, compensating the community for a piece of land in what is now downtown Nanaimo, B.C. Ninety-eight per cent of the 848 community members who cast a ballot in Saturday’s vote opted ...

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Three B.C. First Nations buy parcel of prime Vancouver real estate

VANCOUVER-Three British Columbia First Nations have paid nearly half a billion dollars for a prime piece of real estate on the west side of Vancouver. The Musqueam, sickness Squamish and Tsleil-Waututh nations bought the 15.7-hectare parcel known as the Jericho lands for $480 million. A news release from the three ...

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