BC Business
Plus, Site C has its day in court and a startup promises food delivery by bike in Vancouver
1. Shaughnessy Heights: Despite its proximity to the Granville Street corridor, this stretch of Shaughnessy is the wealthiest neighbourhood in B.C. (RealtyLink)
2. Kerrisdale: To the east of the Kerrisdale’s main commercial strip, this area had a whopping average household income of $1.15 million (RealtyLink)
3. Kerrisdale Park: To the east of Arbutus Street, this stretch of Kerrisdale is defined by the Canadian Pacific rail line, which slinks north towards False Creek (RealtyLink)
2. Kerrisdale: While this Westside neighbourhood ranked seventh overall, its average annual household income ranks second nationally, after Calgary’s tony Britannia area. (RealtyLink)
The rich get richer Shaughnessy, Kerrisdale and parts of West Vancouver are, predictably, among the wealthiest neighbourhoods in Canada, according to Canadian Business‘s annual neighbourhood rich list. The survey ranks postal codes in Canada by a composite of household income, average house price and household net worth. While the top three spots went to areas in Toronto, Shaughnessy west of Granville ranked fourth and Kerrisdale ranked fifth. Three other neighbourhoods—Kerrisdale Park, Shaugnessy (north) and Westmount—made the list. A startling sliver of a detail: in all five neighbourhoods, the average household net worth increased by at least 15 per cent. In Kerrisdale, the average net worth was up 21 per cent over 2014, at $12.8 million, while the annual income of residents of the neighbourhood was a staggering $1.15 million annually (enough to, um, buy a house with cash in east Vancouver). In the wealthiest B.C. neighbourhood on the list, Shaughnessy Heights, the average income was $371,000, while in West Vancouver’s Westmount, the average was $700,000.
Site C wins in court A B.C. Supreme Court judge dismissed an application for an injunction that sought to stall early construction work of the Site C dam. The West Moberly and Prophet River First Nations sought to halt preliminary groundwork at Site C while their lawsuit wound its way through the courts. Meanwhile, another suit by the Peace River Landowners Association that sought a judicial review of the federal government’s approval of Site C has been dismissed by a Federal Court judge (Vancouver Sun). While ground work started at Site C last month, BC Hydro and the provincial government are subject to around a half-dozen lawsuits over the impact that flooding will have on adjacent lands and on the livelihoods of local First Nations.
Uber for food delivery… by bike A Toronto-based startup that delivers meals (and other light stuff) by bike plans to expand to Vancouver in October. Hurrier, which lists 140 eateries and retailers on its website, allows users to buy meals which are then delivered by bike to anywhere within a four-kilometre radius of downtown Toronto, within a promised time of 30 minutes or less. Like Uber, the company doesn’t employ its bike courier contractors but instead calculates the time, route and distance from restaurant to consumer and then pays them for the trip. On its website, it says it pays contractors, both bikers and drivers, up to $25 an hour.