With the Canadian dollar going south, rich Albertans are looking west as they snap up ritzy vacation properties in British Columbia.
Whistler, Sun Peaks, and Vancouver Island are just a few places where buyers from Wild Rose country are shelling out for recreational homes.
The dropping value of the Canadian dollar — which has sunk from US$0.88 last year to $0.75 on Monday — is part of the reason Albertans are turning away from vacation properties in areas such as California and Arizona, or Sun Belt destinations like Hawaii and Mexico.
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