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While only a handful of new development or facility expansions occurred in the West Canada self-storage market over the past year, occupancy rates have held steady, and some operators were able to push through rate increases. The following overview provides a summary of the real estate market in British Columbia during the past year, plus some predictions for the year ahead.

To learn more about the Canadian self-storage industry and how to run a profitable storage business,  attend the “Canadian Exclusive” seminars at the Inside Self-Storage World Expo, Oct. 4-6, in Tacoma, Wash.