Notably, the rapid rise in the cost of strata insurance experienced over the past year is not Canada wide, but rather a BC specific issue. Granted, there have been mild cost escalations in other provinces—most notably Alberta—but nothing on the scale experienced in BC. The issue escalated rapidly and has become all the more pronounced under the economic hardship and challenge Covid-19 has created. Read the article………………………………..
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February 16, 2022
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