www.theasianstar.com VOL 23 - ISSUE 6
A Toronto Hospital was just ranked the third-best in the entire world A Toronto hospital was just rated as one of the best in the world, ranking among the most prestigious medical institutions around. UHN’s Toronto General Hospital (TGH) is now considered the third-best overall hospital and #1 publicly-funded hospital in the world according to Newsweek magazine’s 2024 global ranking released Wednesday, placing just behind well-known U.S. institutions the Mayo Clinic and Cleveland Clinic. Continued on Page 10...
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Discount-price condos were to be sold only to first-time buyers; 13 sued for buying when they didn’t qualify
One of the purchasers of a unit in a downtown building subsidized for first-time homebuyers already owned six single-family homes in the Victoria area worth more than $7 million, says a civil suit filed by B.C. Housing. It’s one of several lawsuits filed by B.C. Housing against 13 people who bought condos in Vivid at the Yates at 845 Johnson St. The 20-storey tower was built as part of a pilot project for B.C.’s affordable home-ownership program to give middle-income residents an opportunity to buy homes at below-market rates, the lawsuits say. The province provided a lowinterest $52.9-million loan to Chard Developments to finance construction, which allowed the
developer to pass savings on to buyers. Units were subsidized by B.C. Housing and sold to purchasers for an average of 12 per cent below market rates. The program required that buyers have a household income of under $150,000 per year, not own property anywhere in the world, and live in the unit as a primary residence for at least two years. When construction of the building finished in 2021, David Eby, then attorney general and minister responsible for housing, touted the project as an example of government working with the private sector to create affordable housing for people who might not otherwise be able to own a home. Continued on Page 7...
Celebrating 26 Years of Leadership Excellence: Satbir S. Cheema 26 Highlights!
A Spectacle You’ve Been Waiting For:
Renowned Shen Yun Returns to Vancouver www.gabaautodetaling.com
Today marks a significant milestone as Satbir Cheema, our esteemed President and CEO, commemorates 26 years of dedicated service and visionary leadership at PICS. Throughout his tenure, Satbir has exemplified commitment and loyalty to the organization, starting as a frontline staff and quickly working his way up as Supervisor, Manager, Director and finally as CEO when his mentor, coach, leader and role model, Mr. Charanpal Gill retired in 2017. Striving for excellence, he has always empowered and nurtured his team, first as Director of Employment Programs and Planning, and later on as the CEO, allowing everyone to think outside the box and be creative and innovative to take our organization to unprecedented heights, and evolving into a beacon of success and excellence in the industry. Continued on Page 10...
Much to the delight of B.C. theatregoers, Shen Yun Performing Arts is returning to Vancouver in the spring as part of its 2024 world tour. Based in New York, Shen Yun has become a global phenomenon due to its authentic depiction of China’s traditional culture through music and dance. It has eight companies, each with its own orchestra, that tour simultaneously across four continents every year. Formed in 2006 by Chinese artists living in the United States, Shen Yun’s mission is to revive the Middle Kingdom’s rich 5,000-year-old culture. Continued on Page 15...