Archive for October, 2005

Real Estate Soft Landing Will Not Be Gentle

Friday, October 14th, 2005

Sun

Residential Investment as a Share of GDP

The hottest dinner table conversation in Canada these days is, of course, real estate. Bubble or no bubble? Most economists keep reassuring nervous households that this time things are different and the fundamentals of the housing market are much healthier than they were 1 5 years ago. That might be true, but what is lost in this discussion is the fact that even a soft landing in the housing market will not be gentle on the economy.

Never before have we seen the housing market contributing so much to overall economic growth. Consider the following facts: Direct investment in real estate as a share of GDP is approaching the 1 989 level; Refinancing activity is at a record-high with 60% of all Canadian mortgages negotiated over the past two years—saving households roughly 10% of the annual carrying cost of a home; Borrowing against home equity rose by a record-high of 25% last year, adding close to $30 billion in cash to consumer wallets; The housing wealth effect has led to $10 billion in extra spending


last year and $25 billion over the past three years; Each home purchased last year generated almost $25,000 in extra spending (that is beyond the actual cost of the house); Construction spending is now at a record-high of $30 billion with 50% of homeowners taking on home renovations in the past two years; Employment in the construction sector rose by 4.7% since the beginning of the year—six times the rate seen in the economy as a whole.

We estimate that these indirect spin-off benefits from the booming housing market have added well over half a percentage point to overall GDP growth in the past 12 months. The problem is that a leveling off in the housing market means that these benefits will not be available in 2006. That the housing market operates at a record-level makes nice newspaper headlines, but it has little economic significance. In economics almost everything is determined at the margin. What counts is the change in activity, not the level. And here there are many reasons to believe that the housing market is in the early stages of leveling off. Residential real estate investment is very close to its “resistance” level of just over 7% of GDP (Chart), housing starts are now falling, MLS resale activity during the first half of the year rose by only 1 .4% vs. the same period in 2004.

While this does not mean that the housing market is “correcting”, it means that the widely expected soft landing in real estate activity will eliminate a significant chunk of economic growth. All of the sudden the economy will not be operating so close to capacity, as feared by the Bank of Canada.

Benjamin Tal, Senior Economist

Waterfront Soccer Stadium set to go says Lenarduzzi

Friday, October 14th, 2005

Project will be funded 100 per cent by Whitecaps owner Greg Kerfoot

Dan Stinson
Sun

IAN LINDSAY/VANCOUVER SUN Whitecaps soccer president John Rocha (left) and director of soccer operations Bob Lenarduzzi unveil a north-facing artist’s conception of the proposed stadium Thursday. The site is the area east of Canada Place over the railway yards.

VANCOUVER – All systems are go for construction of a privately-funded downtown waterfront stadium, Vancouver Whitecaps soccer club officials announced Thursday during a well-attended news conference at Granville Square plaza.

Bob Lenarduzzi, the Whitecaps’ director of soccer operations, and club president John Rocha said plans for a 15,000-16,000-seat soccer-specific stadium are proceeding, adding that the first order of business is an application to the city of Vancouver for a development permit.

The application process is expected to be lengthy — perhaps as long as two years — making it difficult to predict when the stadium will open, Lenarduzzi said.

“We fully expect the application will be approved, but it’s not possible to say right now exactly when that will happen,” Lenarduzzi said. “We’re working closely with city officials, who have indicated interest in making this project happen. It’s a positive first step and we’re proceeding from there.”

The stadium, which has been named Whitecaps Waterfront Stadium, will be built about seven metres above a seven-hectare parcel of rail lands property east of the Waterfront Station SeaBus terminal. The stadium has the capacity to be expanded to about 30,000 seats with the addition of two upper decks.

The Whitecaps did not announce the costs associated with the new stadium, but they are believed to be about $80 million, including land acquisition costs of $17 million and current construction cost estimates of between $60 and $65 million.

Rocha said the stadium will be “100-per-cent funded” by Whitecaps owner Greg Kerfoot.

“At this time, Greg Kerfoot is the only investor in the project,” Rocha said. “But we are open to other levels of investment, including various government levels. It’s our hope that other investors will come aboard as we move on with plans to make this very exciting project a reality.”

Kerfoot purchased the property from Fairmont Developments Inc. on July 14.

The media-shy Kerfoot did not attend the news conference. The former president and chief executive officer of Vancouver-based software company Crystal Decisions Corp., Kerfoot has never attended a news conference since becoming the owner of the Whitecaps men’s and women’s teams in November 2002.

Crystal Decisions was sold to rival software company Business Objects for $820 million US in July 2003. The company has been known as Business Objects since the sale.

“Despite Greg’s absence, he continues to be involved with the club on a daily basis,” said Lenarduzzi. “He’s a hands-on owner. Without his resources, enthusiasm and vision, we would not be standing here today making this announcement.”

Rocha said the Whitecaps hope to have construction of the stadium completed before the July 2007 FIFA under-20 men’s World Youth tournament, but added there is no guarantee that the stadium will be ready by that time.

Vancouver is one of six Canadian host cities for the 24-nation, 52-game tournament.

“The ideal time for the stadium to be up and ready is late-June or early-July 2007,” Rocha said. “But it’s not possible to say right now whether that will happen. We still have a long way to go in terms of getting approval for the development permit. That process and other issues could take as long as two years. Right now, I’d say a more realistic date for the opening of the stadium would be 2008 or 2009.”

If the stadium isn’t ready for the FIFA tournament, local games will be played at Burnaby‘s Swangard Stadium, the current venue for both Whitecaps teams. Swangard Stadium has a seating capacity of 5,722 for Whitecaps games, but can be expanded to as many as 13,000 seats.

One of the best features of Whitecaps Waterfront Stadium is that it will have a natural-grass playing surface. Additionally, the grass will be retractable in small square plots from its foundation, meaning that the stadium will be capable of staging other sports events like professional tennis and volleyball.

“The stadium will be a state-of-the-art facility,” said Rocha. “With grass installed, it’s obviously capable of accommodating sports events like soccer and rugby. But when you have the ability to remove the grass, it opens the door to so many other events.”

Victor Montagliani, president of the B.C. Soccer Association, noted that Whitecaps Waterfront Stadium differs from planned new soccer-specific stadiums in Toronto and Montreal because of its grass surface.

“The stadiums in Toronto and Montreal will have artificial turf,” said Montagliani.

“That’s understandable because those areas of Canada have some pretty harsh winter weather. But we’re blessed with mild weather virtually year-round in Vancouver. The Whitecaps have definitely made the right decision with a natural-grass surface.”

Montagliani said he can foresee Whitecaps Waterfront Stadium becoming Canada‘s No. 1 soccer facility.

“Based on what I’ve seen and heard today, this could be Canada‘s best soccer facility,” he said. “We’ve always had the weather in our favour in Vancouver and we’ll soon have a top-notch stadium here as well.”

Thursday’s news conference was not without controversy. A small number of protesters attended and voiced concerns about the impact the stadium would have on Downtown Eastside residents.

Lenarduzzi responded to the protesters by stating: “Greg Kerfoot is building a stadium that will serve the community. If he really wanted to make a profit and have an impact on the Downtown Eastside, he would build some highrise condominiums.”

[email protected]

© The Vancouver Sun 2005

 

Seniors who live to help others

Friday, October 14th, 2005

Millions of elderly Canadians find that volunteering is a way to good health and a rewarding life

Douglas Todd
Sun

CREDIT: Ian Smith, Vancouver Sun Bea Blackford, 81, leads (from left) Duff, 75, and Peggy, 66, Graham, and Bert Merrett, 86, in a round of the good old songs popularized during the Second World War.

CREDIT: Bill Keay, Vancouver Sun John Kennedy (headset) and (from left) staff Pat Brown, Carol Graham, Ray Wagner and Roger Allford put their 30-minute Co-op Radio show together at the 411 Seniors’ Centre on Dunsmuir.

‘We solve the problems of the world and have a few laughs.”

That’s what John Kennedy says he and a couple of other seniors feel like they’re accomplishing each week during their 30-minute radio show for Greater Vancouver seniors.

For a decade, the broadcasters — front-line soldiers in a growing army of Canadian seniors who volunteer — have been covering subjects such as the history of Vancouver theatre; how to take advantage of the expert knowledge of pharmacists; stopping “identity theft” against the elderly and how government cutbacks have left some older B.C. women in abject poverty.

Kennedy, 67, a former CBC executive with the rich voice of a life-long radio man, says gathering each week at downtown Vancouver’s 411 Seniors Centre Society and putting together the program, which airs every Thursday at 2:30 p.m. on Co-op Radio (102.7 FM), is just one of many volunteer activities he has dived into since retiring in the late 1990s.

That’s when he suddenly noticed how so many people began looking at him differently.

“When I retired, all of sudden I became stupid. I’ve got over being ticked off about it. But it was as if people looked beyond you.”

Roughly 45 per cent of the 3.5 million Canadians over age 65 are now volunteering. They’re bypassing wages to follow their interests, presumably in a way that might also keep them appearing interesting to the many people who write off retired folks as a burden.

An average senior, according to Statistics Canada, now donates roughly 269 hours a year of volunteer service to non-profit organizations, an hourly figure that’s been gradually growing since 1997.

In addition to helping out, many seniors find volunteering an ideal way to avoid the sudden inactivity, isolation and even depression that can emotionally blindside people upon retirement.

Books have been written about the many seniors who expected to slip comfortably into accepting the “reward” of retirement after decades of hard wage slavery, only to find ennui.

Some studies show seniors’ emotional vacuum can be worse in so-called Sun Belts (which in Canada includes Greater Vancouver and Victoria), where many well-off seniors move to retire, but leave behind their friends, family and community network.

Millions of Canadian seniors are finding that volunteering, even just a few hours a week, is a way to connect to the larger world.

It’s a path to being useful, giving back to the community, building friendships, helping people in need, support the next generation and maintain meaning in the last third of one’s life.

A number of new medical studies are showing that such active altruism also has health benefits — seniors who volunteer are much more likely to live longer and feel happier.

Greater Vancouver seniors, like their national counterparts, are volunteering to serve in a myriad of roles: Providing palliative care to the dying, serving food, answering phones, guiding visitors through aquariums and museums, working with children in daycare and schools, peer-counselling other seniors and serving on a host of committees and boards.

Millions of Canadian seniors also volunteer through their religious institutions to support people both within their faith and in the wider community. Studies show religiously active Canadians are at least 35 per cent more likely to volunteer than the general population.

Kennedy, who not coincidentally is a lay reader at Holy Trinity Catholic Church near Lonsdale in North Vancouver, said he grew “panicky” when the potentially long years of retirement suddenly loomed before him.

To make sure he’d be occupied, he created a long to-do list. It included organizing the family photos, getting rid of the moss in the back yard and golfing.

He still hasn’t got around to the household chores.

Instead, Kennedy keeps himself engaged by voice-recording textbooks for sight-impaired University of B.C. students, making short promotional pitches for the United Way, co-organizing the recent Seniors Summit conference, sitting on a CBC pensions board and serving on a committee arranging the future of North Vancouver‘s Centennial Theatre.

As for golf, Kennedy only gets around to it about five times a year. He doesn’t like how a golf game can eat up almost an entire day. His friends bug him to play more, but for him there are too many other more challenging things to do.

The cluttered, busy interior of the seniors centre at 411 Dunsmuir won’t win any award for interior decorating. But it’s bustling with people and activity on any given day, with 250 volunteers, mostly Caucasian and Asian seniors, assisting at everything from Filipino dance classes and the thrift store to making sandwiches in the low-cost cafeteria.

As well, many older volunteers at the 411 Seniors Centre Society provide what turns out to be an enormously useful service each year for hundreds of often-low-income elderly who are struggling with their income tax, old age pension and other government forms.

“One serious problem we have is that the older you get the more you’re expected to fill out complicated forms,” says Charmaine Spencer, an adjunct professor in Simon Fraser University‘s Gerontology Research Centre.

“Fortunately, there are many retired people around who are able to help others work through bureaucracy. It’s just one of thousands of ways they pitch in. There is a public perception that seniors don’t contribute to society. It’s unfortunate and highly inaccurate.”

Spencer says Canadians would be a lot worse off if almost half of the country’s seniors weren’t volunteering their time, energy and skills. In some ways, people in their late 50s, 60s and 70s are taking up the slack left by younger generations, where both members of family couples are now forced to work, leading to a decline in volunteerism among middle-aged people.

That doesn’t mean the baby-boom generation doesn’t have good intentions for their retirement years. A recent Investors Group survey showed 70 per cent of Canadian boomers plan to spend some or a lot of their time volunteering in retirement.

The image of seniors helping seniors fill out complex government forms illustrates one of the big challenges when it comes to volunteerism among the elderly:

Aging men and women who are well-off and educated tend to volunteer much more than those on low incomes with less education. Among seniors with university degrees, Statistics Canada figures show 75 per cent are volunteering, compared to only one in three with incomes less than $20,000.

There are many practical reasons low-income people aren’t able to volunteer. In addition to many believing they don’t have valuable skills, they often can’t afford transportation. That’s one of the many reasons, Spencer says, she opposed the B.C. Liberal government’s attempt, aborted in the past few years, to cut seniors bus passes.

She also disagreed with the B.C. government reducing funding to scores of non-profit service organizations.

Spencer believes it had a two-pronged effect.

On one level, she thinks the cuts were in part responsible for the rising numbers of volunteering seniors who tried to make up for reduced government programs.

On the other hand, she believes the cuts hurt specific charity organizations, many of which lost their volunteer coordinators, the staff members who recruit and train volunteer seniors.

Spencer urges all elderly people — particularly those who live on low incomes, struggle with health problems, or don’t think they’re capable of taking on big responsibilities — to recognize there is almost always something to which they can give support.

Many organizations are looking for people who can serve food, answer phones, direct people or help clean up. And some non-profits will help volunteers pay the transportation costs required to get them to their chosen duties.

Whatever it is that motivates seniors to stand up and become involved as volunteers, studies make it clear those who do so often open the door to a more contented life. Separate studies conducted at Harvard and Cornell universities, for instance, found that seniors who volunteered were happier than those who did not. They maintained a higher level of personal satisfaction and purpose in life.

“Volunteering significantly reduces the levels of toxic stress in our lives, thus offering protection from depression and perhaps even from some physical illnesses,” says Faith in the Future: Healthcare, Aging and the Role of Religion, by Duke University‘s Dr. Harold Koenig.

Some health-care researchers have worried that many older people, suddenly released from the responsibilities of earning money and raising children, can literally become bored to death.

But long-term studies of hundreds of seniors by different teams at the University of California, Berkeley, and the University of Michigan found that seniors who regularly volunteered lived longer.

The researchers concluded there was a direct health benefit to such altruism — and that included people who volunteered outside the bounds of formal organizations, such as caring for ailing family members or friends.

In some ways, such studies show that we’re hard-wired to cooperate and be in helping relationship with others, says Koenig.

“The sense of purpose and joy enjoyed by older volunteers combats stress on a daily basis and helps prevent stress-related negative physical and emotional health effects.”

Seniors run virtually every aspect of the 411 Seniors Centre Society,” says executive director Carol Lloyd.

Their volunteer activities at the downtown United Way agency range from serving on the centre’s 15-member board to chatting up people at the reception desk, where a rotating crew of friendly volunteers spend four hours each week greeting the organization’s multi-ethnic visitors.

The community feel of the 411 Centre is revealed in the scenes of elderly folks laughing over a game of Scrabble, eating in the dining room, cyber-surfing on the building’s free computers, teaching Spanish or organizing the centre’s annual Aging With Pride event for homosexual, bisexual or transgendered seniors.

But while the 411 Seniors Centre is a particularly vibrant volunteer-shaped operation (which receives only 15 per cent of its funding from governments), many similar seniors organizations provide equally satisfying opportunities to volunteer.

They include agencies such as the highly active North Vancouver’s Seniors Hub, which has a troop of seniors volunteering to drive around other seniors, pick up their groceries, serve as “telefriends” to shut-ins, organize social activities and walks for people with dementia, lead discussion programs for the elderly and take care of their grocery shopping.

B.C. seniors are also volunteering through some uniquely targeted programs.

They include Volunteer Grandparents, which matches seniors with children. The replacement “grandparents” take children to movies and parks and often attend their birthday parties, graduations and school concerts. Many of these fill-in grandparents also share their wisdom by mentoring in classrooms.

As well, the B.C. Coalition to Eliminate Abuse Against Seniors is one of many volunteer-run organizations providing peer counselling. It’s staff include women in their late 70s providing gentle support over the phone for often-lonely people in crisis.

Some senior volunteers, meanwhile, prefer to sign up for social activism.

As well as high-profile Raging Granny musical protest groups, other organizations devoted to advocacy and political education include The Seniors Network BC and The Women Elders in Action.

“A lot of seniors, in addition to wanting to stay mentally active and involved in their community, want to help build a better future for their grandchildren,” says Spencer.

“They’re concerned about protecting the environment and ensuring decent-paying jobs. Their activism is not only a way to avoid isolation, but to build on things that have been important to them all their lives.”

Of course, many seniors perform volunteer work that doesn’t get measured by Statistics Canada, since it’s not associated with a formal non-profit organization. They’re the battalions of seniors directly involved in raising their grandchildren.

“With so many dual-income households,” says Spencer, “I can’t tell you how many meetings I’ve been at with seniors serving on various boards, who say they have to leave promptly to take care of their grandkids.”

The opportunities for seniors to volunteer seem almost limitless. While there are B.C. seniors volunteering to take care of stray animals, visit people in hospitals, deliver Meals on Wheels and serve as docents, or guides, at railway museums, others do their bit through music.

For more than 30 years, Bee Blackford, an 81-year-old pianist, has been joining with friends from Kitsilano’s Billy Bishop Legion to regularly sing Second World War-era tunes at the Bamford extended care unit at Vancouver General Hospital.

For nothing more than a few potato chips and the satisfaction of realizing they’re appreciated, the volunteers will croon through the hits of Al Jolson, Frank Sinatra and the war.

“The seniors in the hospital can’t come to us, so we go to them,” Blackford says. “It’s amazing the looks they’ll get on their faces when they hear some of the old songs like You Must Remember This. It gives you a wonderful feeling.”

FINDING FULFILLING VOLUNTEER WORK:

– Think about the kind of work you like and do well. Honestly assess your skills. Some people thrive on organizing offices or doing repair work, while others get more out of face-to-face interactions. Some volunteers might blossom doing construction work while others will find it meaningful to spend time with the terminally ill.

– Take a realistic look at how much you can do and when. Most senior volunteers only work a few hours a week. Are mornings or afternoons best? Would you like, for instance, to volunteer on weekends to avoid spending too much time watching TV?

– Don’t hang back because you think you have no talent. Spending time with lonely seniors in acute-care facilities simply requires patience and compassion.

– Don’t knowingly volunteer with an organization or people with whom you might not be comfortable.

– Pace yourself. Many volunteer seniors burn out early because they take on too much of a burden, a mistake which negates the stress-reduction benefits of altruism.

– If transportation problems stop you from volunteering, see if the organization you’d like to help can assist with your travel;

– There are tens of thousands of volunteer-seeking service organizations in Canada, many of which are listed with the United Way.

Source: Give to Live: How Giving Can Change Your Life, by Douglas Lawson (ALTI Publishing, San Diego).

© The Vancouver Sun 2005

 

Plans for a new 15,000 seat stadium to be built east of Canada Place

Thursday, October 13th, 2005

STEVE EWEN
Province

Illustration of the interior of the proposed sports stadium that would serve as the new home of the Whitecaps in downtown Vancouver. — BCTV NEWS ON GLOBAL

The Vancouver Whitecaps are expected to announce this morning their plans to build a 15,000-seat stadium along Gastown’s waterfront.
   Whitecaps owner Greg Kerfoot has bought 10.5 hectares along Water Street, running from Waterfront Station to Cambie Street over the top of the railroad tracks.
   Team brass have continually declined comment, but Whitecaps president John Rocha and director of soccer operations Bob Lenarduzzi held several meetings about the project with season-ticket holders, potential sponsors and youth soccer groups.
   According to sources, the Whitecaps would like to have the stadium ready for 2007.
   However,
Vancouver city staff say the earliest the stadium could be ready is fall 2009.
   The Whitecaps have been coy about the price tag in these meetings, repeatedly saying that “we’re in the early stages — we don’t know yet.”
   The new, 20,000-seat, soccer-specific stadium that Toronto is contemplating has a price tag in the $60-million range and has received financial help from the municipal, provincial and federal governments.
   Sources say the Whitecaps’ stadium will be horseshoe-shaped, with the open portion allowing views of the water and the
North Shore mountains. The Whitecaps are billing it as a “unique design to maximize the setting and reflect Vancouver.”
   They are also calling the facility “the most transit-friendly stadium in North America,” since it’s close to the West Coast Express, SkyTrain and SeaBus.
   It will be expandable to 30,000 seats. The Whitecaps have said they have talked to the B.C. Lions about the possibility of moving there after the 2010 Olympics.
   The Whitecaps have talked to several other potential user groups. They have said they received a strong reaction from the rugby community about the potential of hosting international games there, for instance.
   According to one source, the Whitecaps have talked to several concert promoters and are going to bill the stadium as “the best outdoor concert venue in the country.”
The Vancouver Symphony has reportedly looked at the stadium as a potential summer home.

Vancouver Whitecaps Soccer Team to build an open-air facility next to Waterfront Seabus Terminal

Thursday, October 13th, 2005

Dan Stinson and Frances Bula
Sun

VANCOUVER SUN of Radical above-ground plan Built on a platform above the city’s rail nexus, the facility might not have its own parking area

Vancouver‘s downtown waterfront is slated to become the site of a high-tech, ultra-modern open-air stadium. Built above the city’s railway tracks, it would provide not only a home for professional soccer, but also a showpiece entertainment venue.

The Vancouver Whitecaps were to announce today their plans to construct a 15,000-16,000 seat, soccer-specific outdoor stadium on a seven-hectare parcel of rail lands property east of the Waterfront Station SeaBus terminal, extending approximately north of the Steamworks Brewing Co. restaurant at 375 Water St. to north of the steam-powered clock in Gastown.

The stadium, tentatively named Whitecaps Waterfront Stadium, would feature a three-sided horseshoe shape, a natural-grass playing surface, two grandstand seating areas capable of accommodating about 6,500 fans each, and a 3,000-seat end zone seating area, The Vancouver Sun has learned.

The stadium would be capable of supporting a second deck of seats, raising seating capacity to about 30,000.

It would have an unobstructed view of Coal Harbour and the North Shore mountains.

It’s a development that Vancouver Coun. Jim Green, who is running for mayor in this fall’s civic election, says will alter Vancouver’s connection with its waterfront, showcase innovative design and be an example to the world about how to combine major sports and transit.

“It will certainly be very modern and very sophisticated. It will be the first major stadium in the world with no or limited parking,” said Green, who has met with the Whitecaps planning team several times in the past few months.

“And it will extend Vancouver onto the waterfront, which is great. I think this is an incredibly creative concept.”

Green stressed that the project still has an intensive city approval process to go through, with issues such as view blockages, protection of train tracks, local employment and connections to Gastown all to be properly resolved.

Staff will make final recommendations on what the parking requirements should be, but the city has in the past exempted projects from normal parking requirements if they are close to transit.

The waterfront stadium is described by the Whitecaps as one of the most transit-friendly facilities in the world. Built seven metres above the existing rail tracks, the stadium would be within easy walking distance of several transportation links, including the Expo, Millennium and RAV SkyTrain lines, the SeaBus, the West Coast Express, and several city bus lines. Additionally, about 30,000 downtown parking spaces are within walking distance.

Non-Partisan Association council candidate Suzanne Anton, who has lobbied for an outdoor stadium in the city for years, said the proposed stadium will be a jewel for the city and that, although it needs to respect the community-consultation process, the city should do everything it can to facilitate its quick approval.

Green said that so far, the Whitecaps team has given every sign of bending over backwards to consult with communities in the Downtown Eastside.

The stadium, scheduled for completion in 2009, would be the new home of the Whitecaps men’s and women’s teams.

Whitecaps owner Greg Kerfoot purchased the property for a reported $17 million from Fairmont Developments Inc. on July 14 and is expected to cover the cost of the new stadium, currently estimated at $62 million.

Kerfoot is the former president and chief executive officer of Vancouver-based Crystal Decisions Corp., an international software company. The media-shy businessman became the owner of both Whitecaps teams in November 2002 after former owner David Stadnyk bailed out in June 2002. The teams finished their seasons that year under interim United Soccer Leagues ownership.

Kerfoot’s project is still very much in the planning stages. It’s expected that his application to the City of Vancouver for a building permit will take about two years for approval, meaning that construction of the stadium wouldn’t start until 2007. That rules the stadium out as a venue for the July 2007 FIFA World Youth under-20 men’s championship tournament, which will be staged in six Canadian cities.

Vancouver was one of the successful bid cities for the 24-nation, 52-game tournament, but local tournament matches will be played at Swangard Stadium, which can be expanded to as many as 13,000 seats.

Although the stadium would be soccer specific, it could accommodate other events such as rugby games and concerts. It’s also a possible new home for the Canadian Football League’s B.C. Lions, whose lease at B.C. Place expires in 2010.

Lions general manager Bob Ackles has said if the team moves after that, it would have to be to a stadium with “about 35,000 seats, with the ability to go to 50,000 so we could host Grey Cup games.”

© The Vancouver Sun 2005

 

Shaw launches VoIP service in B.C.

Thursday, October 13th, 2005

Peter Wilson
Sun

CREDIT: Ray Smith, Victoria Times Colonist Calgary-based Shaw Communications CEO Jim Shaw announces the Victoria launch of its Internet phone service, its first VoIP service to B.C.

In a direct invasion of Telus’s home territory, Internet phone service from Calgary-based Shaw Communications launched Wednesday in Victoria.

This is the first move of Shaw’s $55-a-month voice over Internet protocol (VoIP) service — already established in Edmonton and Calgary — to British Columbia.

Telus is still testing its own residential VoIP service and has yet to announce a date for the launch.

Shaw president Peter Bissonnette said the company will be entering the Vancouver market soon, although no specific date has been given.

“It’s our largest market and we want to make sure that all of the things that we need to do before we go in there are done absolutely right,” said Bissonnette, in an interview from Victoria.

Like most VoIP services, Shaw Digital Phone offers unlimited long distance to North America along with voicemail, call forwarding, call waiting, call display, call return and three-way calling.

Subscribers can use their own phones and transfer their old home phone number from Telus. That transfer takes four days, but has taken longer recently as a result of the Telus labour dispute.

If you get a new number, Shaw promises that the phone number transfer will take just one day.

At $55 a month — if you’re already a Shaw subscriber — the service is substantially more expensive than the likes of Vonage at $40 and Primus at $30.

However, Bissonnette said that his service is different in that it operates on its own digital network, set up specifically for VoIP so that there is no competition from other traffic.

“It’s a carrier grade service, so quality is a part of that service,” said Bissonnette.

As well, said Bissonnette, Shaw offers enhanced 911 and service from Shaw technicians.

“In the case of Vonage, they don’t send a technician out any time day or night or on the weekends, and that’s all included in that price,” said Bissonnette.

Bissonnette would not give out subscriber figures for its Edmonton and Calgary operations, saying those would be released with Shaw’s year-end quarterly report next week.

“I would characterize it as being a tremendous response.”

A recent report by the Seaboard Group said there will be 418,000 VoIP subscribers in Canada (out of a base of 14 million phone users) by the end of 2005 and that, 250,000 of those will belong to cable companies like Shaw. By the end of 2008, SeaBoard predicts there will be four million VoIP subscribers.

Along with Vonage and Primus, other Canadian providers offering service in B.C. include Yak, Commwave, AOL TotalTalk and BabyTel. So far neither Telus nor Bell Canada offer a residential VoIP service.

Jim Johannsson, Telus director of new service development, said that Telus is still in the process of developing a service that the company believes will live up to the standard that it sets with its present wireline offering.

“Our whole objective here is not to introduce a bare bones telephone service for voice over IP, but to try to innovate our way to a richer communications experience selling together the phone, the cellphone, the TV and the Internet,” said Johannsson.

Johannsson added that his advice to consumers was to take a good hard look at various VoIP offerings to make sure they get what they want.

© The Vancouver Sun 2005

 

Olympic Village will accommodate 2800 athletes & officials in about12 – 14 buildings

Thursday, October 13th, 2005

Jack Keating
Province

CREDIT: Arlen Redekop, The Province Vancouver Coun. Anne Roberts raves about Olympic Village to be built near Science World.

Vancouverites of all incomes will have a chance to live where the athletes of the 2010 Winter Olympics slept.

The Olympic Village, which will provide accommodation for about 2,800 athletes and officials in about 12 to 14 buildings, will become permanent homes after the games as part of the 2010 Vancouver Winter Olympics legacy.

“These units will actually be larger than the athletes are used to,” said Jody Andrews, Vancouver‘s project manager for the city’s southeast False Creek and Olympic Village development.

“The Olympic Village is going to be permanent accommodations for our residents, so they’re going to have that permanency to them.”

The Olympic Village is on about six hectares of city-owned land on the south edge of False Creek back to First Avenue, from Ontario Street on the east to Columbia Street on the west.

The Olympic Village will become the permanent home for more than 1,200 people — one-third low-income, one-third middle-income and one-third high-income — in the first stage of a 32-hectare mixed-use development.

“The bottom one-third will be affordable or subsidized housing,” said Andrews during a public information session.

“One-third will be what we call modest market or modest income and the top one-third will be market units.

“For the Olympic Village we’re building 600 units roughly. So there will be 200 suites of each category.”

Infrastructure work on the project will begin early in the new year.

“The buildings themselves will start in early 2007,” said Andrews.

“It has to be completed by Nov. 1, 2009. That’s when the athletes start moving in.”

The Olympic Village is part of a massive development that is called the Southeast False Creek development project.

It will include 10.5 hectares of parkland and a new community centre.

“I love this project,” said Coun. Anne Roberts.

“It has high environmental standards. It’s going to be a living laboratory. The project has social, economic and environmental sustainability.”

© The Vancouver Province 2005

 

Shaw internet offers entry point to residential-telephone market

Thursday, October 13th, 2005

Jim Jamieson
Province

Shaw Communications established a B.C. beachhead yesterday in its bid to become a major residential-telephone player by launching Voice Over Internet Protocol (VoIP) service in Victoria.

But the larger, more significant battle with incumbent telephone company Telus Corp. looms in Greater Vancouver — where Shaw is now poised to launch sooner rather than later.

Shaw president Peter Bissonnette said the decision to launch in Victoria was related to its relatively small size.

Shaw launched its VoIP phone service initially in Calgary, followed by Edmonton in February and Winnipeg in July.

Greater Victoria‘s population is about 330,000, compared to Greater Vancouver’s two million.

Vancouver is a big dot on our radar. We think it is going to be the most buoyant market for Shaw,” said Bissonnette. “We want to make sure that we do all the things we have to do in preparing to launch there — making sure our system is upgraded to minimize any disruption that might occur.”

VoIP — which industry watchers say is in the process of turning the telecom sector on its head — packages voice calls as data and sends them over broadband connections.

The technology is less expensive but, more importantly, opens up a wide range of new features that aren’t possible on traditional,

analog-copper phone lines.

Shaw’s service includes a local phone line and unlimited long-distance calling anywhere in North America. It offers features such as voice mail and call forwarding.

It costs $55 a month if bundled with other Shaw offerings.

Telus’ basic monthly phone service in the Lower Mainland is about $25, but long-distance service includes an administration fee of $4.95 a month. Other feature packages are extra.

Bissonnette said customers can use the same phone and phone jack they do now, as Shaw installs an interface modem to connect a home’s telephone wiring to the cable company’s high-speed network.

He said customers who will accept a new phone number can be hooked up in one day, while those who want to import their existing phone number from Telus will have about a four-day wait.

One of the biggest issues with switching is power outages, as traditional phone lines are powered separately so generally remain operational. Shaw’s modem is powered through a household AC outlet, but comes with backup batteries that last for about eight hours, a spokesman said.

Shaw had 22,450 subscribers to its VoIP service at the end of July, but has lots of room to grow with 1.2 million Net subscribers in Western Canada. It’s estimated there will be four million VoIP subscribers in Canada by the end of 2008.

Telus director of consumer marketing Jim Johannsson said Telus plans to launch its own VoIP service in mid-2006, but with a different strategy.

“The offerings from our competitors lack imagination,” he said.

“What we’ve seen is the replication of bare-bones phone service, offering it at a different price point. We’re working on tying together the telephone, the cellphone, the television and the Internet.”

Johannsson cited the example of watching a hockey game when a call comes in, but instead of hearing it ring, a box comes up on your TV saying it’s an incoming call from whoever.

It could even have a picture of the person or be a video call and give you options to send it to voicemail or take the call on the TV.

© The Vancouver Province 2005

 

Richmond made Skype VOIP Linksys handset is not available in Canada yet

Thursday, October 13th, 2005

Joanne Lee-Young
Sun

Skype, the much-lauded pioneer of free voice-over-Internet-protocol phone calls, has partnered with Linksys to launch a new made-in-B.C. handset that frees deskbound VoIP users from having to talk into their computers.

The “CIT2000 Internet Telephony Kit” will allow users to make free Skype calls from wherever they are in the home or office.

Richmond-based Ascalade Communications is the handset’s maker. Ascalade is investing in R&D in VoIP as part of its growth strategy, according to manager of business development Raymond Chow.

Use of Skype’s free Internet phone calls has grown rapidly and the Luxembourg-based company says it now has more than 170,000 users signing up everyday.

In September, eBay acquired Skype in hopes of eventually driving its online sales by allowing buyers and sellers to talk to each other instead of just trying to build trust via e-mail.

“This [the kit] is a product that is the initial fruit of our partnership with Skype. It shows where the market is heading and is the first in a line of products to come,” Tarun Loomba, Irvine, Calif.-based Linksys’s director of product marketing, said in an interview Wednesday.

The kit will be available starting next week from more than 3,000 online and street retailers, including Staples, Radio Shack, Amazon and Egghead, in the U.S., Europe, Latin America, the Asia-Pacific, the Middle East and Africa.

Ironically, it won’t be on shelves in Canada even though the revolutionary technology for it was developed in Richmond.

Ascalade sells its products to brand giants, including NEC, Philips and Toshiba. Almost 85 per cent of its sales are currently to Europe, with revenues recently rising dramatically to $83.7 million US in 2004 from $12.7 million US in 2002.

The company focuses on products known as Digital Enhanced Cordless Telecommunication (DECT) devices, the main standard for cordless phones in Europe.

A recent Federal Communications Commission ruling in the U.S. opened the door for Ascalade’s DECT products, but the standard has yet to be approved in Canada.

“The irony isn’t lost on us,” Loomba said, adding that Linksys is hoping to start sales in Canada by the end of the year.

“We look to a number of partners to develop products,” Loomba said. “We linked with Ascalade after a rigorous process. They were very quick to market, cost efficient and the key thing was their technical expertise in DECT.”

Ascalade declined to confirm that it is the original equipment-maker in this deal, but, in addition to Loomba’s comments, there is a public filing with the Foreign Communications Commission naming the Richmond company as the manufacturer.

Ascalade’s Chow said in an e-mail reply to Vancouver Sun questions: “While VoIP brings about the convergence of data, voice and video, we are starting to see a blurring in the roles of the traditional telecom and networking players.

“We recognize this evolution and are likewise designing and manufacturing a new segment of communication products that we can move into our traditional telecom distribution channels as well as new networking distribution channels.”

In September, Ascalade closed a $40-million initial public offering on the Toronto Stock Exchange, led by GMP Securities.

© The Vancouver Sun 2005

 

BOB’s your uncle the new strategy for Downtown Eastside

Thursday, October 13th, 2005

Paul Luke
Province

Three layers of government are joining with the private sector in a $6-million push to nurture entrepreneurial activity in Vancouver‘s Downtown Eastside.

The governments of Canada, B.C. and Vancouver, and Bell Canada launched a non-profit organization yesterday designed to revitalize the city’s economically challenged area.

The new organization, dubbed Building Opportunities With Business Inner City Society (BOB), will encourage business development, mentoring, job training and small-business loan programs.

“One of our immediate priorities is to implement a cluster strategy that will bring business and industry leaders together to identify ways of attracting investment, supporting existing Downtown Eastside businesses and creating employment for area residents,” said BOB chairman Lee Davis, who is also CEO of Vancity Capital Corp.

Ottawa, through Western Economic Diversification Canada, is investing $2.47 million over five years in BOB.

The provincial government is contributing $3.25 million through a three-year employment strategy that BOB will be tasked to implement.

The City of Vancouver is providing the new organization with in-kind assistance that includes a lease subsidy, leasehold improvements and management and administration support.

As well, Bell Canada is devoting $300,000 from its Olympic commitment over the next two years to help develop a business-cluster strategy BOB will oversee.

A business cluster is a network of governments, private-sector and non-profit organizations and educational institutions designed to promote members’ competitive advantage.

BOB will launch clusters in four sectors: construction, hospitality and tourism, investment and development, and business services.

© The Vancouver Province 2005