Over the last five years, the Canadian Dollar has declined more against the Yuan than the Euro or USD. It is mentioned in the article. I think that explains why Chinese investors purchase more property in Vancouver than say, Seattle.
The trend of foreign investment in the Vancouver market has been occurring well before the slide of the CAD. The immigration regime in Canada is much friendlier to foreign nationals, and especially so if they are wealthy. Until 2014, the federal government had an investor visa program that offered a route to permanent residence and citizenship in exchange for $800,000 investment (not in real estate) and demonstrable assets of $1.6 million.
