Thomas Isaac has been quoted in the article titled “Cowichan Case Blamed for Sinking B.C. Property Deals, Including Luxury Hotel Purchase,” published by The Penticton Herald.
Writes Nono Shen and Darryl Greer: “An Ontario company that put down a deposit to buy a luxury hotel in Richmond, BC, pulled out of the deal worth tens of millions of dollars weeks later because of “uncertainty” caused by the landmark Cowichan Tribes Aboriginal title ruling, according to the marketers of the property.”
Tom notes that while the Cowichan Tribes may not be claiming private land in the title area, the nation could also “change their mind” in the future.
“It’s almost irrelevant whether they want people’s property or not, based on the decision. It’s the fact that they could potentially get it.”