Rising interest rates have resulted in a decrease in detached home prices in Greater Vancouver and in increased insolvencies across Canada. However, northern markets have not seen the same overall negative effects of rising interest rates couple with the more stringent mortgage stress test as seen in the Lower Mainland. Parts of northwest BC [...]
The Chartered Professional Accountants (CPA) of Canada say the country is unlikely to experience the same housing market crash experienced by the U.S. a decade ago given the credit quality of today’s Canadian homebuyers. However, homebuyers who may be unable to qualify under the new mortgage stress tests are turning to private lenders, making [...]
The BC real estate market, along with other areas in Canada, continues to show signs of recovering from the changes early in 2018 in government regulations with respect to stress testing and foreign buyers. The approval of the LNG terminal in Kitimat, BC means that the $6 billion Coastal GasLink pipeline will also be [...]
The BC real estate market is showing signs of recovering from the changes in government regulations with respect to stress testing and foreign buyers. When adjusted for seasonal buying trends, there has been an overall increase in sales of 3.5%. However, in Greater Vancouver, the Fraser Valley, Okanagan and Kamloops regions, homes and listings [...]
Sales in Metro Vancouver continued to slide in the month of August with sales down 36% compared to August last year. The other major markets in the province had similar trends with the Fraser Valley being hit the hardest with a 38.5% decrease in sales compared to August 2017. Vancouver, the Fraser Valley and [...]
Sales across all major markets in the province in July 2018 decreased significantly compared to July 2017, with Metro Vancouver notably hitting an 18-year low for real estate sales. Active listings increased across much of the province, resulting in greater supply and choice for potential homebuyers. Mortgage delinquency in Vancouver is the lowest in [...]
Declining sales was the trend across all major markets in the BC real estate sector to start the summer. The Fraser Valley was impacted the most in June as the region saw a decrease of 43.5% in sales when compared to June of 2017. Kamloops felt the smallest impact with sales declining 11.4% over [...]
Most regions of the province’s real estate market saw dramatic decreases in the number of units sold. Greater Vancouver was the most heavily affected with a 35.1% decrease compared to May 2017. Active listings and new listings increased throughout much of the province, with Greater Vancouver having an almost 40% increase in active listings [...]
Sales across almost all major real estate markets in the province showed significant decreases compared to April 2017. Sales of detached homes in Vancouver fell to the lowest level in 17 years for the month of April. Interestingly, new listings, as well as the total active listings, increased across almost all major markets in [...]
Signs from this past month’s real estate market seem to indicate that some of the government measures aimed at cooling the real estate market may be starting to have some success. Every major market in British Columbia saw decreases in sales of over 20% compared to March of 2017. The Greater Vancouver market saw [...]
Vivian has more than a decade of practice experience in commercial finance and realization and insolvency, initially as an associate with a national law firm and then as in-house counsel for a large financial institution. She has represented many large financial institutions as well as corporate borrowers in secured financing transactions. Vivian has also acted for lenders, borrowers, bankruptcy trustees and receivers on a variety of insolvency matters.
In addition to her legal experience, Vivian brings to McMillan Dubo LLP expertise in corporate strategy, business development and operations management.
Vivian spends her free time cycling, making sourdough bread, and exploring her favourite Vancouver neighbourhoods with her husband and their dog. She is also the founder of Girl Tribe Vancouver, a mentoring and networking community for girls ages 12-16.
Biography text…
Jackson combines a formal education in commerce (Bachelor of Commerce from the UBC Sauder School of Business) and a degree in law to his role providing counsel to financial institutions.
Originally from North Vancouver, Jackson moved to Kamloops in 2013 when he began law school at Thompson Rivers University. In the years that followed, Jackson articled along-side in-house counsel at a major crown corporation and spent time working within a full service law firm in Kamloops. Called to the bar in 2017, he is eager to focus his practice at McMillan Dubo on the unique needs of lenders.
Biography text…
Biography text…
Biography text…
Biography text…
Biography text…
Maia’s practice focuses on researching and analysing complex issues and facts and litigation preparation for a broad range of matters including contract disputes, commercial fraud, commercial disputes, property rights and jurisdictional issues, among others.
Maia completed a clerkship at the Supreme Court of Canada, was a former member of the commercial litigation practice group at a national law firm and a former associate in a boutique law firm that specialized in labour, employment and human rights matters. In 2016, Maia became Commissioned Counsel for the British Columbia Judicial Compensation Commission, having served as previous counsel for the Federal Commission of Inquiry into the Decline of the Sockeye Salmon in the Fraser River.
Maia also holds a graduate degree in Science.
Sherryl is co-founder of McMillan Dubo LLP and leads the realization and insolvency group.
Sherryl has practiced almost exclusively in the areas of commercial insolvency, foreclosures, personal property security realization and collections work during her 18 years as a lawyer. She routinely represents financial institutions throughout British Columbia, as well as receivers and bankruptcy trustees.
Sherryl practiced for 10 years with a major national law firm in Vancouver as part of their realization and insolvency group. She then joined a regional law firm in Kamloops where she was a partner before co-founding McMillan Dubo LLP.
Today, she spends much of her free time practicing her negotiation and dispute resolution skills with her three small children, with the help of her husband.
Margot is a founding partner of McMillan Dubo LLP. She practices exclusively for lenders in the area of commercial finance, with a particular emphasis on real estate, aircraft finance and Aboriginal lending. She works for a variety of institutional lenders in all types of transactions and is focused on delivering solutions that meet the specific needs of lenders and their borrowers.
Margot led the commercial finance group of full service law firm with provincial reach before establishing McMillan Dubo.
Margot has extensive experience in complex commercial transactions involving a range of business entities, including limited partnerships, joint ventures, and trusts. She also consults regularly on legislation relating to First Nations land management, taxation, and borrowing.
Margot is also able to provide a broad range of legal services and advice to aviation clients regarding the sale, purchase, and financing of aircraft and all matters relating to the Cape Town Convention and International Registry.
In her free time, Margot enjoys skiing, trail running with her black Lab, and spending time outdoors with her husband and two sons.
