VCREP #165 | Could a 1031 Exchange Fix Canada’s Real Estate Gridlock?

This week Cory Wright welcomes back Rod McKay our newly appointed Team Lead at William Wright’s Vancouver office, here for a deep dive into the concept of the 1031 exchange and its potential impact on Canada’s commercial real estate market.Together, Cory and Rod unpack how this U.S.-style tax deferral strategy could unlock stagnant inventory, encourage reinvestment, and even support small businesses by allowing capital gains to be deferred - not forgiven. They explore real-world scenarios where deals are falling through due to tax burdens and explain how a Canadian version of the 1031 exchange could get buildings out of long-term holding patterns and back into productive use.Bonus: Hear how this policy might even help save Canada’s NHL franchises