But by the early s, things had changed. The money began to flow out again, looking for new opportunities. The pull of the international financial tides made it clear how much Canada depends on foreign capital. His own history is inextricably tied to the growth of the province. His parents were both born in India , and emigrated to Canada , settling in Victoria.
Kuldeep Bains opened a travel agency in Victoria in ; in , he received an award from the City of Victoria for being active in business for 50 years. But Kuldeep Bains did more than sell travel packages from behind the Tweed Curtain: he was deeply involved in the Indo-Canadian community, a much smaller and less-influential group then than it is today.
Asians and Indo-Canadians were finally allowed to vote in , 30 years after women won their fight, and 12 years ahead of first nations. As the middle child between two sisters, Bains felt perfectly at home in Victoria. I think if I had pressure, it was a pressure that I had put on myself to prove something to myself.
One typically goes out of their way not to embarrass the family or community and that was definitely the spirit in the Indo-Canadian community for decades and decades and decades.
As the tide of offshore money receded, institutional investors filled the gap. Large pension plans for teachers and municipal employees suddenly became landlords to Canadian business. Today, their concentration in the market has eased somewhat, and Bains sees every kind of commercial investor — foreign, private, and institutional all at once.
They are now allowed to compete at every level — interest rates are low on a real-cost basis — and they can, in some cases ,compete more aggressively for product, even out-competing against institutions. He feels the local economy is performing relatively well, but is concerned that real estate is outperforming the economy as a whole.
After a quarter century of operating intimately within the local business community and developing a good working knowledge of regional economies across the country and even further afield , he worries that B. I wish I knew why there is less middle ground in this province from an attitudinal perspective. Today, Bains can easily reach into a file cabinet in his office and check to see exactly how much commercial real estate he has sold since the day he started, but he still professes a certain degree of wonder at how it has all turned out.
He credits a certain degree of creativity for staying ahead of the pack. Instead, he sees an increase in community work: his family already supports cancer care at Vancouver General Hospital and heart surgery at St.
But from a business perspective, he expects to remain involved in commercial real estate in some capacity. Creating and maintaining trusting relationships is such a key to your inner contentment, to your self-esteem, to how you deal with others, how you make others feel — these relationships are key.
But they were eclipsed recently by year-old Hugh Grosvenor. Current projects include the completed Grosvenor Ambleside condo-retail development and the under-construction Hornby-at-Pacific Grosvenor. A surrounding audience frequently applauded Vij, whose speaking style blends on-the-stump politician with TV preacher. Unsurprisingly he told of aspiring to be a Bollywood actor until his father forbade it.
Always cook with the bone in. That sum benefited the B. Campbell was a three-term Vancouver mayor and three-time B. He was last seen in this column in a photo with his parents and siblings Alina, Chaya and Avani. Not that Spencer got to sit out her mid-career, but she has weathered plenty of storms. Individual performers and cast members from Jasper in Deadland and The Lady Show entertained in the theatre. A welcome email is on its way.
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