Jamie Taleb Notary Public
106 - 1975 Lonsdale Ave. V7M 2K3 North Vancouver, BC, Canada

Housing demand remains strong despite diminishing supply Home sales reached near record levels in November even as home listings began the traditional year-end decline. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,524 on the Multiple Listing Service (MLS) in November 2015. This represents a 40.1 per cent increase compared to the 2,516 sales recorded in November 2014, and a 3.3 per cent decrease compa...Continue reading

Canadian and US Employment - December 4, 2015 Employment in Canada declined by 36,000 jobs in November, largely as the result of losses in part-time work. The national unemployment rate edged 0.1 points higher to 7.1 per cent. Total hours worked, which is strongly correlated with economic growth, is up 1.1 per cent over the past 12 months while total employment is up 0.7 per cent over that time period. In BC, employment fell by 1,400 jobs following strong gains in October. ...The provincial unemployment rate declined 0.1 points to 6.2 per cent . Year-to-date, employment in BC is up 1.2 per cent but has risen at a rate of 2.5 per cent over the past three months. In the US, payrolls expanded by a robust 211,000 jobs while estimates of job growth in previous months were revised higher by 35,000 jobs. The US unemployment rate was unchanged at 5 per cent.

Canadian Housing Starts - December 8, 2015 Canadian housing starts increased 7.2 per cent in November to 211,916 units at a seasonally adjusted annual rate (SAAR). The six-month trend in Canadian housing starts of 208,401 units SAAR has risen for several months and is currently above the rate of household formations in Canada, a sign that new home construction could slow next year. Housing starts in BC fell 24 per cent following a similar size increase the previous month, r...egistering 25,507 units SAAR. On a year-over-year basis, housing starts were down 10 per cent with both single detached and multiple starts posting declines compared to last year. Year-to-date, total housing starts in BC are up 11 per cent compared to 2014. Looking at census metropolitan areas (CMA) in BC, total starts in the Vancouver CMA were down 9 per cent year-over-year in November following a large increase in new home construction in October. Single detached units were down 5 per cent while multiple units were off 10 per cent year-over-year. In the Victoria CMA, new home construction was 55 per cent lower compared to November 2014. Multiple starts accounted for all of the decline while single units starts were 2 per cent higher. Total housing starts in the Kelowna CMA fell 28 per cent year-over-year with both single and multiple unit starts posting weaker November new home construction than in 2014. Housing starts in the Abbotsford-Mission CMA were the lone CMA to post a gain in November with housing starts more than quadrupling to 111 total units compared to just 25 units in November 2014.

November Home Sales Second Strongest on Record Vancouver, BC December 14, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 8,032 residential unit sales were recorded by the Multiple Listing Service (MLS) in November, up 34.5 per cent from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4 per cent compared to the previous year. The average MLS residential price in the province rose to $668,317, up 16.3 per cen...t from November 2014. http://www.bcrea.bc.ca/sf-images/economics/2015-11chart.gifHousing demand last month was the second strongest ever recorded for the month of November, said Cameron Muir, BCREA Chief Economist. You’d need to look all the way back to the frenetic market of 1989 to find more homes trading hands in November. The largest increase in consumer demand occurred in the Fraser Valley, where home sales climbed over 60 per cent from November 2014. Vancouver and Chilliwack experienced an increase of over 40 per cent, while Kamloops home sales were up 30 per cent. The year-to-date, BC residential sales dollar volume increased 35.4 per cent to $60.7 billion, when compared with the same period in 2014. Residential unit sales climbed by 21.5 per cent to 95,927 units, while the average MLS residential price was up 11.4 per cent to $632,209.

Consumer Price Index - December 2015 The Consumer Price Index (CPI) rose 1.4 per cent in November compared to the same month last year. While the transportation component, which contains gasoline prices, edged lower, prices were up in seven of the eight major index components. The largest increase came from food prices, which rose 3.4 per cent. The Core CPI, which excludes the volatile components like food and gasoline, was right on the Bank of Canada's target of 2 per cent. ...Wholesale trade in Canada declined for the fourth consecutive month in October, down by 0.6 per cent. Wholesales sales in BC were down 1.2 per cent in October and it was the second consecutive month of decline in BC. The inventory-to-sales ratio in Canada during October was 1.34 per cent, reaching its highest level since June of 2009. These tepid indicators suggest the Bank of Canada will continue its sideline stance and will likely not change its trend-setting target overnight interest rate at its next announcement. Best Regards. Nouri Realestate Team Sara Nouri 604-537-9764 Kam Nouri 604-537-4463 [email protected] Royalty Group Realty 112 3721 Delbrook Av, North Vancouver, BC V7N 3Z4 2014 Medallion Award - Top 10% of Agents in the Lower Mainland

Housing demand remains strong despite diminishing supply Home sales reached near record levels in November even as home listings began the traditional year-end decline. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,524 on the Multiple Listing Service (MLS) in November 2015. This represents a 40.1 per cent increase compared to the 2,516 sales recorded in November 2014, and a 3.3 per cent decrease compa...Continue reading

Canadian and US Employment - December 4, 2015 Employment in Canada declined by 36,000 jobs in November, largely as the result of losses in part-time work. The national unemployment rate edged 0.1 points higher to 7.1 per cent. Total hours worked, which is strongly correlated with economic growth, is up 1.1 per cent over the past 12 months while total employment is up 0.7 per cent over that time period. In BC, employment fell by 1,400 jobs following strong gains in October. ...The provincial unemployment rate declined 0.1 points to 6.2 per cent . Year-to-date, employment in BC is up 1.2 per cent but has risen at a rate of 2.5 per cent over the past three months. In the US, payrolls expanded by a robust 211,000 jobs while estimates of job growth in previous months were revised higher by 35,000 jobs. The US unemployment rate was unchanged at 5 per cent.

Canadian Housing Starts - December 8, 2015 Canadian housing starts increased 7.2 per cent in November to 211,916 units at a seasonally adjusted annual rate (SAAR). The six-month trend in Canadian housing starts of 208,401 units SAAR has risen for several months and is currently above the rate of household formations in Canada, a sign that new home construction could slow next year. Housing starts in BC fell 24 per cent following a similar size increase the previous month, r...egistering 25,507 units SAAR. On a year-over-year basis, housing starts were down 10 per cent with both single detached and multiple starts posting declines compared to last year. Year-to-date, total housing starts in BC are up 11 per cent compared to 2014. Looking at census metropolitan areas (CMA) in BC, total starts in the Vancouver CMA were down 9 per cent year-over-year in November following a large increase in new home construction in October. Single detached units were down 5 per cent while multiple units were off 10 per cent year-over-year. In the Victoria CMA, new home construction was 55 per cent lower compared to November 2014. Multiple starts accounted for all of the decline while single units starts were 2 per cent higher. Total housing starts in the Kelowna CMA fell 28 per cent year-over-year with both single and multiple unit starts posting weaker November new home construction than in 2014. Housing starts in the Abbotsford-Mission CMA were the lone CMA to post a gain in November with housing starts more than quadrupling to 111 total units compared to just 25 units in November 2014.

November Home Sales Second Strongest on Record Vancouver, BC December 14, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 8,032 residential unit sales were recorded by the Multiple Listing Service (MLS) in November, up 34.5 per cent from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4 per cent compared to the previous year. The average MLS residential price in the province rose to $668,317, up 16.3 per cen...t from November 2014. http://www.bcrea.bc.ca/sf-images/economics/2015-11chart.gifHousing demand last month was the second strongest ever recorded for the month of November, said Cameron Muir, BCREA Chief Economist. You’d need to look all the way back to the frenetic market of 1989 to find more homes trading hands in November. The largest increase in consumer demand occurred in the Fraser Valley, where home sales climbed over 60 per cent from November 2014. Vancouver and Chilliwack experienced an increase of over 40 per cent, while Kamloops home sales were up 30 per cent. The year-to-date, BC residential sales dollar volume increased 35.4 per cent to $60.7 billion, when compared with the same period in 2014. Residential unit sales climbed by 21.5 per cent to 95,927 units, while the average MLS residential price was up 11.4 per cent to $632,209.

Consumer Price Index - December 2015 The Consumer Price Index (CPI) rose 1.4 per cent in November compared to the same month last year. While the transportation component, which contains gasoline prices, edged lower, prices were up in seven of the eight major index components. The largest increase came from food prices, which rose 3.4 per cent. The Core CPI, which excludes the volatile components like food and gasoline, was right on the Bank of Canada's target of 2 per cent. ...Wholesale trade in Canada declined for the fourth consecutive month in October, down by 0.6 per cent. Wholesales sales in BC were down 1.2 per cent in October and it was the second consecutive month of decline in BC. The inventory-to-sales ratio in Canada during October was 1.34 per cent, reaching its highest level since June of 2009. These tepid indicators suggest the Bank of Canada will continue its sideline stance and will likely not change its trend-setting target overnight interest rate at its next announcement. Best Regards. Nouri Realestate Team Sara Nouri 604-537-9764 Kam Nouri 604-537-4463 [email protected] Royalty Group Realty 112 3721 Delbrook Av, North Vancouver, BC V7N 3Z4 2014 Medallion Award - Top 10% of Agents in the Lower Mainland

Housing demand remains strong despite diminishing supply Home sales reached near record levels in November even as home listings began the traditional year-end decline. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,524 on the Multiple Listing Service (MLS) in November 2015. This represents a 40.1 per cent increase compared to the 2,516 sales recorded in November 2014, and a 3.3 per cent decrease compa...Continue reading

Canadian and US Employment - December 4, 2015 Employment in Canada declined by 36,000 jobs in November, largely as the result of losses in part-time work. The national unemployment rate edged 0.1 points higher to 7.1 per cent. Total hours worked, which is strongly correlated with economic growth, is up 1.1 per cent over the past 12 months while total employment is up 0.7 per cent over that time period. In BC, employment fell by 1,400 jobs following strong gains in October. ...The provincial unemployment rate declined 0.1 points to 6.2 per cent . Year-to-date, employment in BC is up 1.2 per cent but has risen at a rate of 2.5 per cent over the past three months. In the US, payrolls expanded by a robust 211,000 jobs while estimates of job growth in previous months were revised higher by 35,000 jobs. The US unemployment rate was unchanged at 5 per cent.

Canadian Housing Starts - December 8, 2015 Canadian housing starts increased 7.2 per cent in November to 211,916 units at a seasonally adjusted annual rate (SAAR). The six-month trend in Canadian housing starts of 208,401 units SAAR has risen for several months and is currently above the rate of household formations in Canada, a sign that new home construction could slow next year. Housing starts in BC fell 24 per cent following a similar size increase the previous month, r...egistering 25,507 units SAAR. On a year-over-year basis, housing starts were down 10 per cent with both single detached and multiple starts posting declines compared to last year. Year-to-date, total housing starts in BC are up 11 per cent compared to 2014. Looking at census metropolitan areas (CMA) in BC, total starts in the Vancouver CMA were down 9 per cent year-over-year in November following a large increase in new home construction in October. Single detached units were down 5 per cent while multiple units were off 10 per cent year-over-year. In the Victoria CMA, new home construction was 55 per cent lower compared to November 2014. Multiple starts accounted for all of the decline while single units starts were 2 per cent higher. Total housing starts in the Kelowna CMA fell 28 per cent year-over-year with both single and multiple unit starts posting weaker November new home construction than in 2014. Housing starts in the Abbotsford-Mission CMA were the lone CMA to post a gain in November with housing starts more than quadrupling to 111 total units compared to just 25 units in November 2014.

November Home Sales Second Strongest on Record Vancouver, BC December 14, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 8,032 residential unit sales were recorded by the Multiple Listing Service (MLS) in November, up 34.5 per cent from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4 per cent compared to the previous year. The average MLS residential price in the province rose to $668,317, up 16.3 per cen...t from November 2014. http://www.bcrea.bc.ca/sf-images/economics/2015-11chart.gifHousing demand last month was the second strongest ever recorded for the month of November, said Cameron Muir, BCREA Chief Economist. You’d need to look all the way back to the frenetic market of 1989 to find more homes trading hands in November. The largest increase in consumer demand occurred in the Fraser Valley, where home sales climbed over 60 per cent from November 2014. Vancouver and Chilliwack experienced an increase of over 40 per cent, while Kamloops home sales were up 30 per cent. The year-to-date, BC residential sales dollar volume increased 35.4 per cent to $60.7 billion, when compared with the same period in 2014. Residential unit sales climbed by 21.5 per cent to 95,927 units, while the average MLS residential price was up 11.4 per cent to $632,209.

November Home Sales Second Strongest on Record Vancouver, BC December 14, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 8,032 residential unit sales were recorded by the Multiple Listing Service (MLS) in November, up 34.5 per cent from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4 per cent compared to the previous year. The average MLS residential price in the province rose to $668,317, up 16.3 per cen...t from November 2014. http://www.bcrea.bc.ca/sf-images/economics/2015-11chart.gifHousing demand last month was the second strongest ever recorded for the month of November, said Cameron Muir, BCREA Chief Economist. You’d need to look all the way back to the frenetic market of 1989 to find more homes trading hands in November. The largest increase in consumer demand occurred in the Fraser Valley, where home sales climbed over 60 per cent from November 2014. Vancouver and Chilliwack experienced an increase of over 40 per cent, while Kamloops home sales were up 30 per cent. The year-to-date, BC residential sales dollar volume increased 35.4 per cent to $60.7 billion, when compared with the same period in 2014. Residential unit sales climbed by 21.5 per cent to 95,927 units, while the average MLS residential price was up 11.4 per cent to $632,209.

Consumer Price Index - December 2015 The Consumer Price Index (CPI) rose 1.4 per cent in November compared to the same month last year. While the transportation component, which contains gasoline prices, edged lower, prices were up in seven of the eight major index components. The largest increase came from food prices, which rose 3.4 per cent. The Core CPI, which excludes the volatile components like food and gasoline, was right on the Bank of Canada's target of 2 per cent. ...Wholesale trade in Canada declined for the fourth consecutive month in October, down by 0.6 per cent. Wholesales sales in BC were down 1.2 per cent in October and it was the second consecutive month of decline in BC. The inventory-to-sales ratio in Canada during October was 1.34 per cent, reaching its highest level since June of 2009. These tepid indicators suggest the Bank of Canada will continue its sideline stance and will likely not change its trend-setting target overnight interest rate at its next announcement. Best Regards. Nouri Realestate Team Sara Nouri 604-537-9764 Kam Nouri 604-537-4463 [email protected] Royalty Group Realty 112 3721 Delbrook Av, North Vancouver, BC V7N 3Z4 2014 Medallion Award - Top 10% of Agents in the Lower Mainland

Canadian Housing Starts - January 11, 2016 Canadian housing starts closed the year down close to 20 per cent, falling from 212,028 units at a seasonally adjusted annual rate (SAAR) in November to 172,965 units SAAR in December. The six-month trend in Canadian housing starts of 203,500 units SAAR was also down. For the year 2015, total Canadian housing starts were up 6 per cent over 2014. Large declines in oil-producing provinces such as Alberta, Saskatchewan and Newfoundla...nd were largely offset by strong new home construction in BC and Ontario. Housing starts in BC rebounded in December, rising 26 per cent to 33,346 units SAAR. On a year-over-year basis, housing starts were up 15 per cent, led by a 22 per cent increase in multiple unit starts which offset a 3 per cent decline in single detached starts. For the year 2015, total housing starts in BC increased 12 per cent compared to 2014. Looking at census metropolitan areas (CMA) in BC, total starts in the Vancouver CMA were up 20 per cent year-over-year in December due to a 27 per cent jump in multiple starts. For all of 2015, Vancouver CMA new home construction rose 9 per cent, finishing the year at 20,863 total starts. In the Victoria CMA, housing starts more than doubled compared to December 2014, with strong gains in both single and multiple starts. For all of 2015, Victoria CMA starts increased 53 per cent to 2,008 total starts. Home construction in the Kelowna CMA closed the year down, falling 44 per cent year-over-year. For all of 2015, total housing starts dipped slightly, falling 2 per cent to 1,280 total starts. Housing starts in the Abbotsford-Mission CMA were up 21 per cent to finish the year and were 62 per cent higher for all of 2015 at 806 total starts. Nouri Realestate Team Sara Nouri 604-537-9764 Kam Nouri 604-537-4463 [email protected] Royalty Group Realty

Merry Christmas and Happy New Year to all me friends and family around the world.

Enduring Power of Attorney: Not for Health Care Written by Joanne on January 3, 2013 Why do people continue to believe that an Enduring Power of Attorney covers decisions about health care? This question highlights one of the persistent myths about Power of Attorney and Enduring Power of Attorney. These documents can give authority for someone to act on your behalf for financial and legal affairs. Only a Representation Agreement can give authority for someone to act on your b...Continue reading

Can an adult still act if they have a Representation Agreement? From a Health Care Provider Written by Joanne on April 30, 2013 Dear Joanne, If a capable adult signs a Representation Agreement appointing one of his or her children as a representative, and there is a disagreement between the adult and the representative, can the family member’s wishes override the wishes of the adult? For example, if an adult’s Occupational Therapist recommends a piece of equipment on dischar...ge from a rehab centre, and the client does not want to purchase this equipment, can the representative then step in, state that it is for the client’s benefit, and sign the form to purchase said equipment regardless of what the client wants? It would seem to me that if the adult in question is capable, their own wishes should prevail over all other opinions. Would I be correct in this assumption? Thanks for any information you can provide. Having a Representation Agreement in place does not prevent the adult from making decisions. Obviously, there could be a situation where an adult’s illness (dementia, mental illness, delirium, etc.) may interfere with their judgment and perception and they are not capable of informed consent. However, that does not seem to be the case here. Even if the adult cannot give informed consent, and the representative must step up, the first duty of a representative is to check with the adult and their current wishes. People can express their preferences in many ways and the most important role of a representative is to LISTEN to the adult. I know my father would sometimes say no to such things because he thought they cost too much. But, my brothers and I did not take the Representation Agreement out of the drawer to try and go around him. Rather, we would talk to him about why he did not want to purchase the equipment. If it was because of cost or he thought it was too difficult to manage or whatever, we would problem-solve that issue with him. We might enlist the assistance of the health care team. The best thing is to put it on the table with the goal of supporting his wishes, rather than having side conversations. When trying to convince someone to purchase something for their benefit, it might be helpful to let the adult know that they can change their mind. Perhaps the adult would benefit from a trial period with the equipment. Or is it possible to rent it? I learned that I was often quick to jump at recommendations from the health team because I wanted the best for my dad but my dad knew better what would work with his routine and the layout of his apartment. If he didn’t buy into a suggestion then it never worked anyway. I hope this helps. As you can see, I don’t want to make this just a legal question because these are real everyday issues of living. Joanne

Why are Representation Agreements essential for seniors? Dear Joanne, Written by Joanne on June 2, 2013 I’ve heard Nidus say that Representation Agreements are an essential tool for seniors, and that personal planning is one of the top issues of the day. Why? There are many reasons, one major reason being that seniors themselves tell us it’s important! Although many people do not know the legal tools available, once they learn about them (and what happens if they don’t plan)..., almost everyone wants to get their affairs in order right away. Here are the top answers seniors give us when asked why they’re making a Representation Agreement: I want to make sure someone can carry out my health care wishes if I become incapable. I don’t want the government getting involved in my personal affairs if I can’t look after them myself. I want to keep things as simple and easy as possible for my family and friends. We are living in a time that’s special in many ways, and because of better nutrition, health care advances and other factors, people are living longer than ever before. According to a United Way Facts and Trends report released earlier this year, there are 60% more seniors in Vancouver than there were 20 years ago. In another 20 years, that number is expected to increase by 115%! With increased life expectancy also comes increased risk of disease; according to the study Rising Tide: The Impact of Dementia on Canadian Society, more than one in three seniors over the age of 85 will get some form of dementia. Who will give consent to health care for these individuals, and ensure that their wishes are followed? Who will help them with care and living arrangements, or act on their behalf if necessary in these matters? Appointing a representative in your Representation Agreement is the only way to do this in B.C. There are many practical matters that the Representation Agreement can also cover, whether it is consenting to a new medication, paying the bills while you are in hospital, renewing the care insurance for you or settling a claim, or making sure your mail is picked up and your cat gets fed during your surgery. See more

Why don’t institutions like Canada Revenue know about Representation Agreements? Written by Joanne on June 10, 2013 Dear Joanne, In 2012 my Mother appointed me as a representative under a Representation Agreement Section 7 (RA7). It was decided this was the most comprehensive document to obtain as she requires assistance to manage her finances, personal care and healthcare decisions. She is elderly and is in the early stages of dementia. She has no real estate or assets. A p...Continue reading

Why do I need a Representation Agreement for health care if I have a spouse and adult child? Are they not the default? - 2 There are some restrictions on the decisions a TSDM can make, compared to a representative. For example, a TSDM can only refuse life support on your behalf if the majority of the medical team agrees. With the Representation Agreement Section 9 (RA9), you can give your representative the final say. Your representative is likely going to know your wishes be...tter than a hospital medical team that has not met you before. Here’s a real life example to consider when deciding whether or not an RA9 is for you. Nidus was contacted recently by a representative for a friend who was in hospital due to illness. The friend used a respirator and the hospital staff exchanged her portable system for the hospital equipment. They also set the air mixture according to their standard measures. However, these were very different from the patient’s normal settings. The consequence was that the patient could no longer speak, which affected her ability to direct her own care. The staff did not ask anyone for consent about the respirator settings because from their perspective, they were following standard procedures. The representative knew her friend had made a Representation Agreement some time ago but could not locate it. Fortunately a copy was stored with the Nidus Personal Planning Registry and the representative was able to talk with the medical staff on her friend’s behalf to get changes made to the air mixture of her respirator. She would not have been able to do so as a TSDM because the health care professionals did not see a decision to be made. See more