South of the Fraser

Surrey, Delta, White Rock and Langleys

The top security firms in B.C. based in Surrey

Which of B.C.'s top security firms are based in Surrey?

Business in Vancouver has published its annual "Biggest security companies in B.C." list November 29, 2011. It lists 25 companies, ranked by the number of B.C. staff.

United Protection Security Group Inc
12877 - 76 Ave, Surrey V3W 1E6
P: 604-594-0438 F: 604-594-0450 www.unitedprotection.com
rank: 9, with 357 employees 

Reliance Protectron Inc
7455 132 St Unit 110, Surrey V3W 1J8
P: 604-591-5581 F: 604-599-4669 www.protectron.com
rank: 23, with 50 employees 

ILPS - International Loss Prevention System
10304 120th StSurrey V3V 4G1
P: 604-588-0880 F: 604-588-0804 www.ilps.com
rank: 25, with 25 employees

Survey of articles in the business press

Here are snippets from four articles about Surrey from Business in Vancouver's quarterly report on Surrey, from the November 15 edition. The full articles are behind a paywall.

 

Read more: Survey of articles in the business press

Top 100 most profitable companies in B.C. that are in Surrey

Which of B.C.'s most profitable companies are based in Surrey?

Business in Vancouver has published it's Top 100 most profitable companies in B.C. list November 15, 2011. It's ranked by 2010 net income.

In it we find:

Number 27:
Coast Capital Savings Credit Union

15117 101st AveSurrey V3R 8P7
P:604-517-7400 F: 604-517-7405
www.coastcapitalsavings.com
Net income: $65,434

Number 98:
Community Savings Credit Union
13450 102nd Ave Suite 1600,Surrey V3T 5X3
P:604-654-2000 F: 604-586-5156
www.comsavings.com 
Net income: $1,752 

Number 99:
LMS Reinforcing Steel Group
6320 148th StSurrey V3S 3C4
P:604-598-9930 F: 604-598-9931
www.lmsgroup.ca 
Net income: $1,749

For a list heavily dominated by mining companies, it's interesting that two of the companies from Surrey to make the list are credit unions. 

The most profitable company in B.C. for 2010 was Teck Resources, with a net income of $1,975,000.

Real estate statistics for South of the Fraser, October 2011

There's always potential. Sales and listings are up over last yearIt's still a buyer's market for residential real estate south of the Fraser River, according to the Fraser Valley Real Estate Board's October statistics package.

Download the 13-page report, complete with tables, regional break-downs and charts here.

Just looking at the totals, which covers Delta to Mission, here are the big overall numbers:

 October 2011 Detached Townhouse Apartment
Sales   573  219  209
New Listings  1,137  400  470
Average price  $ 605,027  $ 355,362  $ 229,669

 

 

 

 

 

There were more sales and listings than last year (12% or so), but a bit less than this past September.

The news release in the package gives this summary:

Below average home sales combined with a regular influx of new listings continue to give buyers the upper hand in communities south of the Fraser River, including Mission. However, according to the president of the Fraser Valley Real Estate Board, Sukh Sidhu, “There is action when the property is competitively priced."

An interesting project would be to connect this information with the population growth to get a sense of 1) where do new residents go and 2) where are all the people selling going? Do they stay in the Valley? Are they sizing up or down?

Surrey number 1 pick for real estate investing

A small flurry of tweets followed the Surrey Now's publishing "Surrey best place to invest in west: report". The three-paragraph article is based on the Western Investor's "Top 10 towns", subtitled "Western Investor's first annual pick of the top 10 towns for western Canadian real estate investors". You have to be a subscriber to read the original article.

In brief, the original article points out new infrastructure being built like the new library, the new city hall (still a hole in the ground), the Surrey Memorial Hospital expansion and the new RCMP building, as well as private investment like Ivanhoe Cambridge's pumping in $220 million into Guildford.

Here's where the potential for investors comes in:

"Surrey attracts 1,000 new residents every month, which convinced giant developer Concord Pacific to launch a five-tower master-planned community of 3,000 homes in the heart of Surrey's once-troubled Whalley area. More new homes were started in Surrey this year than in Vancouver, and Surrey accounts for one-third of all detached housing starts in B.C.'s Lower Mainland. Yet, at an average price of $569,000 for houses and $222,370 for condos, Surrey homes are half the price as in the City of Vancouver."

The city has also taken steps to allow development to proceed smoothly with tax incentives and an "e-business" system.

The only other Lower Mainland city on the list was the Township of Langley at number 10.

 


Introduction

Info on South of the Fraser River: Surrey, Delta, White Rock, City of Langley, Township of Langley, Fort Langley. Maybe a bit of Abbotsford, just for fun.

This site is experimental. See About (top right) for more, or Blog for meta-information. The working goal is to create an almanac of items, tidbits of information and methods of gathering information.

Right now the site is biased to just south of the Fraser River, within the northern reaches of great City of Surrey, but there is some foraging further afield.

Please This email address is being protected from spambots. You need JavaScript enabled to view it. with ideas or suggestions.