5 of Vancouver’s Most Popular Winter Activities

Matt Chan • February 19, 2016

Skiing & Snowboarding (Not Included)

Do you live in or near Vancouver? Are you an outdoors lover, minus the whole skiing and snowboarding thing? Are you wondering how to spend your free time during the long, dreary winter months? Well, wonder no longer! The following are five non-skiing/snowboarding adventures that will get you outside and near (but not on) the slopes this winter…exactly where you want to be:

Ice skating (Robson Square)

Got the ice skating bug? If so, you have options. You could fire up your classic Nintendo and play some Blades of Steel (truly a classic of our time). Additionally, you could retrieve and play your copy of Blades of Glory, starring Will Ferrell. However, provided these excellent, albeit lazy, options don’t satisfy- if you simply must have the real thing, then look no further than the ice rink and plaza at Robson Square (sponsored and maintained by the Government of British Columbia).

This popular family attraction opens on December 1st of each year, and boasts extended holiday hours (closing for good at the end of February). Skating is free (which is a rarity these days) provided you bring your own skates. Otherwise the skate rental, with rental helmet included (safety first!), will set you back $4.00. A great deal by any standard.

This winter adventure, for which you don’t even need to leave the city, is fun for the whole family! It’s an afternoon complete with rosy cheeks, hot chocolate (fresh from the on-site concession stand) and a whole lot of laughs.

Snow Tubing (Grouse/Cypress/Whistler)

Rated a “2” out of “5” on the adventure scale, but a “5” out of “5” on the fun scale, we find snow tubing. This is a popular winter option across this great country of ours; however, the west, (according to many) does it best, with superbly maintained runs at some of the most well known mountains to grace the known landscape. Here are three options:

Squamish (Sea to Sky Gondola)
It’ll cost you five bucks to use the tubing hill in addition to $12 to $34 (depending on your age) for a gondola ticket, but the thrill is there, if you want it!

Cypress Mountain
Located a mere hop, skip and a jump from Vancouver proper, Cypress Mountain boasts six “tube shoots” from which to choose, varying in extremes from: your grandma’s tubing hill to “strap in and hold on tight”. The choice is truly yours.

Mount Seymour
The cost at this hill is a little steeper than the others (coming in at between $20 and $22 for two hours), but the fun, for many, is worth the price of admission. Also, Seymour includes a “tube tow”, so depending on who you are, an easy ride back to the top may very well be worth the extra few dollars. There is a sliding hill at this location as well, but this also costs a pretty penny- $10 is the standard rate, here, no time restrictions.

Snowshoeing

Continuing on our winter activities tour (minus the skiing and snowboarding), we come upon the sport (?) of snowshoeing. This is a touch more adventurous than snow tubing in addition to being a load more physically taxing, but the rewards: that of finding yourself in the great outdoors while clocking valuable exercise, are worth it to many snowshoe junkies. “Official” trails are available at most of the major ski hills (Cypress, Grouse, Seymour, Whistler, and Blackcomb) in addition to free trails in and throughout the lower mainland.

Cross Country Skiing (Cypress/Whistler’s Olympic Park)

Combine the physicality of snowshoeing with a heightened level of skill, and what do you get? That’s right…cross country skiing. Of note here, Cypress Mountain includes several kilometres of groomed trails complete with stunning views of the surrounding landscape, and delicious meals at their lodge. Additionally, if you don’t mind driving the extra distance, Whistler’s Olympic Park is a state of the art, cross country skiing heaven.

Visit Vancouver Island

Finally, We’d be remissed if we didn’t mention the beauty that is Vancouver Island. When the January/February doldrums hit, what better than cross the channel into green grass, rain forests, surfing and hiking. BC Ferries terminals in Tsawwassen and Departure Bay give quick access to this mid-winter hideaway. It’s like winter never existed.

CONTACT

Share

RECENT POSTS

Is There A Difference Between A Deposit And Downpayment

By Matthew Chan • April 30, 2025
If you’re new to the home buying process, it’s easy to get confused by some of the terms used. The purpose of this article is to clear up any confusion between the deposit and downpayment. What is a deposit? The deposit is the money included with a purchase contract as a sign of good faith when you offer to purchase a property. It’s the “consideration” that helps make up the contract and binds you to the agreement. Typically, you include a certified cheque or a bank draft that your real estate brokerage holds while negotiations are finalized when you offer to purchase a property. If your offer is accepted, your deposit is held in your Realtor’s trust account. If your offer is accepted and you commit to buying the property, your deposit is transferred to the lawyer’s trust account and included in your downpayment. If you aren’t able to reach an agreement, the deposit is refunded to you. However, if you commit to buying the property and don’t complete the transaction, your deposit could be forfeit to the seller. Your deposit goes ahead of the downpayment but makes up part of the downpayment. The amount you put forward as a deposit when negotiating the terms of a purchase contract is arbitrary, meaning there is no predefined or standard amount. Instead, it’s best to discuss this with your real estate professional as your deposit can be a negotiating factor in and of itself. A larger deposit may give you a better chance of having your offer accepted in a competitive situation. It also puts you on the hook for more if something changes down the line and you cannot complete the purchase. What is a downpayment? Your downpayment refers to the initial payment you make when buying a property through mortgage financing. In Canada, the minimum downpayment amount is 5%, as lenders can only lend up to 95% of the property’s value. Securing mortgage financing with anything less than 20% down is only made possible through mortgage default insurance. You can source your downpayment from your resources, the sale of a property, an RRSP, a gift from a family member, or borrowed funds. Example scenario Let’s say that you are looking to purchase a property worth $400k. You’re planning on making a downpayment of 10% or $40k. When you make the initial offer to buy the property, you put forward $10k as a deposit your real estate brokerage holds in their trust account. If everything checks out with the home inspection and you’re satisfied with financing, you can remove all conditions. Your $10k deposit is transferred to the lawyer’s trust account, where will add the remaining $30k for the downpayment. With your $40k downpayment made, once you sign the mortgage documents and cover the legal and closing costs, the lender will forward the remaining 90% in the form of a mortgage registered to your title, and you have officially purchased the property! If you have any questions about the difference between the deposit and the downpayment or any other mortgage terms, please connect anytime. It would be a pleasure to work with you.

RRSP As A Downpayment

By Matthew Chan • April 23, 2025
Did you know there’s a program that allows you to use your RRSP to help come up with your downpayment to buy a home? It’s called the Home Buyer’s Plan (or HBP for short), and it’s made possible by the government of Canada. While the program is pretty straightforward, there are a few things you need to know. Your first home (with some exceptions) To qualify, you need to be buying your first home. However, when you look into the fine print, you find that technically, you must not have owned a home in the last four years or have lived in a house that your spouse owned in the previous four years. Another exception is for those with a disability or those helping someone with a disability. In this case, you can withdraw from an RRSP for a home purchase at any time. You have to pay back the RRSP You have 15 years to pay back the RRSP, and you start the second year after the withdrawal. While you won’t pay any tax on this particular withdrawal, it does come with some conditions. You’ll have to pay back the total amount you withdrew over 15 years. The CRA will send you an HBP Statement of Account every year to advise how much you owe the RRSP that year. Your repayments will not count as contributions as you’ve already received the tax break from those funds. Access to funds The funds you withdraw from the RRSP must have been there for at least 90 days. You can still technically withdraw the money from your RRSP and use it for your down-payment, but it won’t be tax-deductible and won’t be part of the HBP. You can access up to $35,000 individually or $70,00 per couple through the HBP. Please connect anytime if you’d like to know more about the HBP and how it could work for you as you plan your downpayment. It would be a pleasure to work with you.

Bank of Canada Rate Announcement Apr 16th, 2025

By Matthew Chan • April 16, 2025
Bank of Canada holds policy rate at 2¾%. FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario April 16, 2025 The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The major shift in direction of US trade policy and the unpredictability of tariffs have increased uncertainty, diminished prospects for economic growth, and raised inflation expectations. Pervasive uncertainty makes it unusually challenging to project GDP growth and inflation in Canada and globally. Instead, the April Monetary Policy Report (MPR) presents two scenarios that explore different paths for US trade policy. In the first scenario, uncertainty is high but tariffs are limited in scope. Canadian growth weakens temporarily and inflation remains around the 2% target. In the second scenario, a protracted trade war causes Canada’s economy to fall into recession this year and inflation rises temporarily above 3% next year. Many other trade policy scenarios are possible. There is also an unusual degree of uncertainty about the economic outcomes within any scenario, since the magnitude and speed of the shift in US trade policy are unprecedented. Global economic growth was solid in late 2024 and inflation has been easing towards central bank targets. However, tariffs and uncertainty have weakened the outlook. In the United States, the economy is showing signs of slowing amid rising policy uncertainty and rapidly deteriorating sentiment, while inflation expectations have risen. In the euro area, growth has been modest in early 2025, with continued weakness in the manufacturing sector. China’s economy was strong at the end of 2024 but more recent data shows it slowing modestly. Financial markets have been roiled by serial tariff announcements, postponements and continued threats of escalation. This extreme market volatility is adding to uncertainty. Oil prices have declined substantially since January, mainly reflecting weaker prospects for global growth. Canada’s exchange rate has recently appreciated as a result of broad US dollar weakness. In Canada, the economy is slowing as tariff announcements and uncertainty pull down consumer and business confidence. Consumption, residential investment and business spending all look to have weakened in the first quarter. Trade tensions are also disrupting recovery in the labour market. Employment declined in March and businesses are reporting plans to slow their hiring. Wage growth continues to show signs of moderation. Inflation was 2.3% in March, lower than in February but still higher than 1.8% at the time of the January MPR. The higher inflation in the last couple of months reflects some rebound in goods price inflation and the end of the temporary suspension of the GST/HST. Starting in April, CPI inflation will be pulled down for one year by the removal of the consumer carbon tax. Lower global oil prices will also dampen inflation in the near term. However, we expect tariffs and supply chain disruptions to push up some prices. How much upward pressure this puts on inflation will depend on the evolution of tariffs and how quickly businesses pass on higher costs to consumers. Short-term inflation expectations have moved up, as businesses and consumers anticipate higher costs from trade conflict and supply disruptions. Longer term inflation expectations are little changed. Governing Council will continue to assess the timing and strength of both the downward pressures on inflation from a weaker economy and the upward pressures on inflation from higher costs. Our focus will be on ensuring that Canadians continue to have confidence in price stability through this period of global upheaval. This means we will support economic growth while ensuring that inflation remains well controlled. Governing Council will proceed carefully, with particular attention to the risks and uncertainties facing the Canadian economy. These include: the extent to which higher tariffs reduce demand for Canadian exports; how much this spills over into business investment, employment and household spending; how much and how quickly cost increases are passed on to consumer prices; and how inflation expectations evolve. Monetary policy cannot resolve trade uncertainty or offset the impacts of a trade war. What it can and must do is maintain price stability for Canadians. Information note The next scheduled date for announcing the overnight rate target is June 4, 2025. The Bank will publish its next MPR on July 30, 2025. Read the April 16th, 2025 Monetary Report