Councillor Says Cowichan Title Ruling Saw Bank Deny Financing for $100M BC Project

Councillor Says Cowichan Title Ruling Saw Bank Deny Financing for $100M BC Project
Richmond city councillor Alexa Loo, a two-time Olympian, listens as an advocacy group holds a news conference, in Richmond, B.C., on May 6, 2021. The Canadian Press/Darryl Dyck
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A Richmond, B.C., councillor says a company based in the city has been refused financing for what she says is a $100 million project because of the Cowichan Tribes case.

Coun. Alexa Loo said the company, which she isn’t naming, is currently working with the provincial government to get the certainty it needs to go ahead with what she describes as a manufacturing facility.