Vancouver Commercial Real Estate Podcast

Providing real-time insight into today's commercial real estate industry.

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June 5, 2024
VCREP #136: Understanding Canada’s New Cap Gains Rules with Ben Vella

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This week, Cory takes the helm solo to address a hot topic requested by our listeners: the proposed changes to Canada's capital gains taxes. With new taxation rules slated to come into effect on June 2nd, it's crucial to understand how these changes might impact your investments.

To shed light on this important issue, Cory is joined by returning guest, Ben Vella of Rain City Industrial. Ben, who previously shared his expertise on commercial real estate accounting, is back to unpack the effects of the new capital gains rules.

Tune in as Cory and Ben discuss the implications of these changes, what investors need to know, and how to strategically navigate the new landscape. Whether you're an experienced investor or just starting out, this episode is packed with essential insights to help you stay informed and prepared.

Don't miss this crucial discussion on the future of capital gains taxes in Canada and what it means for you.

Guest Information

As the Chief Financial Officer of Rain City Industrial, Ben Vella’s role is to manage and ensure that each job is in-line with its budget, that cost savings are identified for the client and that Rain City operates to its fullest potential. Ben also works with our clients at the start of the relationship to assist with contract education and the structure of the cash flow for the project, working with our clients to ensure they know when and what to expect over the course of construction.

With over 12 years experience in accounting and business, Benjamin uses his knowledge to ensure that clients utilize any available financial incentives available to them as well as managing our trade partners to produce the best possible outcome.

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Vancouver Commercial Real Estate Podcast

For all the curious minds interested in commercial real estate investing, grab a coffee and pull up a chair because we have exclusive stories and tips from commercial real estate brokers, investors, developers, economists, urban planners, and everyone in-between. From the successes and failures to the motivations and lessons learned, the Vancouver Commercial Real Estate Podcast is your insight into commercial real estate in Vancouver, Victoria, Kelowna, and beyond.

What's the best real estate market to invest in? What are the commercial real estate asset classes and property types? Hosted by Cory Wright, founder of William Wright Commercial, and co-hosts Adam and Matt Scalena of the Vancouver Real Estate Podcast, our podcast opens the door to real estate investing for everyone from beginner investors to experienced real estate professionals. New episodes are released every Tuesday. Follow the Vancouver Commercial Real Estate Podcast on Apple Podcasts, Spotify, YouTube Music, or your favourite streaming platforms.

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.