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March 2016 The Most Influential Women in B.C.

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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Shape the future of business. L A N G A R A SCH O O L O F M A N AG EM E NT Become part of a winning combination by partnering your organization with the Langara School of Management and our students. S H A R E YO U R E X P E R T I S E Share your knowledge through lecture opportunities. Enrich the educational experience for students while flexing your industry expertise. R A I S E YO U R P RO F I L E Increase awareness of your brand by connecting with students, customers, and potential employees. Consider sponsoring events and establishing bursaries, scholarships, and awards. R E C RU I T CO - O P S , VO L U N T E E R S , P RO J E C T T E A M S Take on business students and put their skills to use as co-ops, volunteers, or project teams. Teams are available to conduct market research, manage special events, and more. H I R E A ST U D E N T Gain access to career-ready students via co-op, part-time, or full-time positions. Connect with our pool of academically strong and skilled talent. F I N D I N N OVAT I O N T H RO U G H CO L L A B O R AT I O N Partner wih our researchers and find practical solutions to take your product to the next level. Partners will have access to college resources and grant funds. Learn more. www.langara.ca/partnership For more info, contact Stephanie Koonar, External Relations, Langara School of Management at 604.323.5957 or email LSMexternal@langara.bc.ca housing project, near Queen Elizabeth Park, has seen its residents cleared out to make way for 1,400 units of market housing. And the last embers of a battle are burning out at Marine Gardens—a 1970s ode to affordable public housing at Marine Drive and Cambie—where a pair of condo towers is replacing 70 townhome units. The impetus for it all: what Metro Vancouver estimates to be a one-million-person inf lux into the region by 2041. A large part of the city's justifica- tion for density rests with the belief that more supply will translate into greater affordability. Yet despite a frenzied few years of construction in Vancouver, condo prices in the region increased 14 per cent more in 2015 than in the previous year, bringing the aver- age condo price to $521,666. Canada Mortgage and Housing Corporation expects 20,000 new housing starts each year for the next two years but little in the way of market cooling for Vancouver. Even if one only looks at the people moving here, Vancouver's share of that one-million figure is a far hum- bler 150,000—putting into question the need for large-scale densification. Indeed, a few weeks before he left his post last November, former Vancouver city planning director Brian Jackson conceded growth is really not that big a deal. "The growth rate is far less now than it was in the 1990s," he said in an interview with BCBusiness. "We're growing at about four per cent a year, but back in the '90s, it was nine per cent. When you look at the population increase between 1981 and 2011, it's far higher in terms of pure numbers." In Jackson's view, about a third of the 150,000 will be living in infill housing (laneway houses, basement suites), a third will be living in midrises (such as those being built along Cambie Street), and the remainder will live in high- rises (such as those that will spring up in the Concord Pacific lands of Northeast False Creek). Tens of thou- sands more people can be accommo- dated in other large projects, such as BCBUSINESS.CA

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