Comox Valley, British Columbia
Comox Valley is located in the east coast of Vancouver Island; nestled between the Beaufort Mountains and the Strait of Georgia. The city of Courtenay, town of Comox, and village of Cumberland combine to form Comox Valley, along with Royston, Union Bay, Fanny Bay, Black Creek, Merville, Mount Washington and Hornby & Denman Islands. Comox Valley is Canada’s 59 th largest metropolitan area and is one of the fastest growing regions in British Columbia. A building boom in Courtenay mainly contributes to this growth however other parts of the Valley are being considered for development as well. Originally developed as an agricultural settlement, the Valley is now best described as a postmodern society. The growth industries are tourism and construction. Since the decline of logging, the Canadian Forces has also significantly provided economic stability to the region.
Comox Valley is the recreation capital of Canada. It has been titled ‘The Valley of Festivals’. The mild climate allows residents and visitors to enjoy the best of all seasons, with an abundance of recreational activities and music and art festivals all year round.The region is one of the few places in Canada where, in the winter months, one can ski in the morning and golf in the afternoon. There is a legacy of dramatic and musical instruction in its secondary schools and through the Comox Valley Youth Music Centre, which attracts students from around the world. Comox Valley is also rich in its numerous volunteer and non-profit organizations devoted to cultural pursuits. Comox Valley has been an attractive option for relocation to people looking for small town and rural alternatives to suburban homogenization and urban congestion.
Visible Minority Status Comox Valley British Columbia
| |
|
Visible Minority Status |
Total |
Chinese |
1.09% |
South Asian |
0.09% |
Black |
|
Filipino |
|
Latin American |
0.22% |
Southeast Asian |
0.43% |
| Korean |
0.07% |
| Japanese |
0.28% |
Don't Be Alarmed, I.D. Required 
As of June 23, 2008, your REALTOR® will have to ask for identification, as in picture I.D. In June 2007, the federal government approved amendments to regulations under the Proceeds of Crime (Money Laundering)and Terrorist Financing Act (PCMLTFA). The amendments, which come into effect on June 23, 2008, are designed to broaden the scope of record keeping and reporting requirements. This means that real estate salespersons and brokers will have new obligations under the PCMLTFA.
Requirements as of June 23, 2008 will include a receipt of funds record for all transactions regardless of the amount of funds received (unless funds are received from a financial entity or public body). In addition, a client identification record will be required to be completed with respect to every purchase and sale regardless of the existence of a cash deposit. Salespersons and brokers will be required to verify and record the identification of each client involved in a particular sale.
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REALTOR®, Realtor®, realtor
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