Vancouver Commercial Real Estate Podcast

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

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May 14, 2025
VCREP #165: Could a 1031 Exchange Fix Canada’s Real Estate Gridlock?

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This week, Cory Wright welcomes back Rod MacKay, our newly appointed Team Lead at William Wright Commercial’s Vancouver office, here for a deep dive into the concept of the 1031 exchange and its potential impact on Canada’s commercial real estate market.

Together, Cory and Rod unpack how this U.S.-style tax deferral strategy could unlock stagnant inventory, encourage reinvestment, and even support small businesses by allowing capital gains to be deferred—not forgiven. They explore real-world scenarios where deals are falling through due to tax burdens and explain how a Canadian version of the 1031 exchange could get buildings out of long-term holding patterns and back into productive use.

Bonus: Hear how this policy might even help save Canada’s NHL franchises!

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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.