7
B C B U S I N E S S . C A
J A N U A R Y/ F E B R U A R Y
2 0 2 5
C o v e r a n d 2 2 : R a n d all W a t s o n ; 15 : R u s s H e i n l / S h u t t e r s t o c k ; 3 2 : A d a m B l a s b e r g ;
4 8 : R o m a n S a m b o r s k y i / S h u t t e r s t o c k ; 6 4: A d a m D e w a
CONTENTS
22
Real Estate
Where do real estate investors stand in the
current housing market? Is the net impact
of their contributions good or bad? Are the
efforts to chase them away justified? In any
case, there doesn't seem to be a likely path
forward without them. We unpack all sides
of the argument, brick by brick
BY FRANCES BULA
48
Economic Outlook
Our expert prognosticators think 2025 will
include the slowing down of interest rates,
the switching on of four megaprojects,
population struggles in certain areas of B.C.
and a possible end to the work-from-home
debate. All that plus some industry-specific
insights to get you ready for the year
BY MICHAEL McCULLOUGH
32
Building a Wall
Wall Financial Corporation is one of
the biggest movers and shakers in the
province's real estate industry. As 35-year-
old Colin Wall sets off on his own journey,
he hopes the 23-storey building he is
planning to erect on Vancouver's west side
is just the start of his story
BY NATHAN CADDELL
C H A T T E R
10
EDITOR'S DESK
Home advantage
T H E I N B O X
13
REAL ESTATE
As Bosa Properties wins
the Fraser Institute's
prestigious Vancouver
Founders' Award,
members of the family
business reflect on their
journey so far
14
GO FIGURE
We dig into the costs
that come with winter—
from annual snow
removal budgets to the
price of private services
for the same
15
BUSINESS CLIMATE
Rising sea levels
threaten to drown out
waterfront properties in
the province
18
THE CONVERSATION
Rugby Canada CEO
Nathan Bombrys talks
about overcoming
challenges and scoring
wins for the B.C.
economy
20
SMALL TOWN
SUCCESS
How Jessy Delleman
turned her passion
project into Ravensong
Seeds & Herbals, a
budding business on
Vancouver Island
Q U A L I T Y T I M E
57
WEEKEND WARRIOR
Megan Lohmann is
holding on to her love
for cross-country skiing
as she steps into her
new role as the
CEO of
the Community Energy
Association
58
SOCIAL CUES
How Vancouver-based
GoodFish Seafood hooks
viewers with behind-the-
scenes content
60
CARRY ON
Sober-curious bars, tech-
forward spas and hotels
with smart beds to help
you travel well
62
WORKING
ARGUMENTS
We kick off our new
office debate column
with a burning question:
Is it OK to microwave
popcorn at work?
64
INVENTORY
Six local distilleries that
are raising the bar for
hand-crafted spirits
across the province
66
WORST DAY
ON THE JOB
CarboNet co-founder
Amielle Lake dives into
strategies that kept
the water treatment
company afloat during
the pandemic
V O L U M E 5 3 N U M B E R 1
22
F E A T U R E S
32
48