Translink is Taking Initiative to get Everyone on Transit by Offering a $804 Credit for Old Car Trade in

Translink is Taking Initiative to get Everyone on Transit by Offering a $804 Credit for Old Car Trade in

  • British Columbia
  • Community
October 5, 2021

British Columbia is pushing for an environmentally friendly mode of transportation and is determined to improve our transit network and banning the sale of gas-powered vehicle by 2040 to meet environmental goal. Expanding transit network to Langley and North Vancouver and slowly phasing out gas-powered vehicle as more manufactures are coming up with Electric versions of their existing line-up are part of this transition.

Translink is making the first move by offering a $804 credit for old car trade in to get people to experience transit travel as the improved transit system is more convenient than ever before. This will save people money from getting rid of their older car and put the person in a dilemma to decide rather they should purchase a new vehicle or continue using the transit system.

To $804 credit will be given out in the form of an eight-month adult one-zone transit pass or 14-month concession transit pass.

“We are facing a climate emergency, and we must all take steps to reduce our carbon emissions,” said TransLink CEO Kevin Quinn in a statement. “Partnerships like this help people make greener, more environmentally-friendly choices. By choosing public transportation, you are helping reduce congestion and the region’s carbon footprint.”

The program will be operated by SCRAP-IT, a non-profit society for clean transportation emission.

“British Columbians know about the climate emergency and may be considering what they can do that will make a difference,” said SCRAP-IT CEO Diane Roberts.

In fact, the percentage of electric vehicle sold in 2020 had reached 9.4%. Only 0.6% away from meeting the 2035 goal. People are keen to moving to a more environmentally friendly option and the benefit offered by electric cars are very attractive as well.

Yoyoe Lu

Founder and managing principal
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Yoyoe is the founder and managing principal of Claridge. She was ranked one of Vancouver’s top real estate agents. Currently, Yoyoe is our strategic mind leading the team to success. Her affiliation with industry professionals put her ahead of our competitors. Yoyoe is also part of the Rotary Club of West Vancouver, Canadian Homebuilders Association, Urban Land Institute and Urban Development Institute.

Ashley Osborn

Development Site and Investment Specialist
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Ashely is our lead land and investment advisor. He has been consistently featured in the annual top 100 real estate deals of British Columbia ranking. With over $15 billion worth of domestic and international real estate investments under his belt, Ashley is one of the top agents in the province. His 20 years of real estate and financial experience make him a master in negotiation and acquisition.

Patricia Wong Chong

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Patricia is our investment and retail leasing advisor. Her experience in brokerage and market research analysis has helped her comprise over $550 million in commercial real estate transactions. Patricia is responsible, detail-oriented, and professional. Her strong work ethic and positive attitude have led her to surpass all her competitors.

Schumann Li

Land Assembly & Residential Specialist
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Schumann is a top-producing realtor in the Lower Mainland with more than 30 years’ experience. Over the years, Schumann hasn’t just garnered awards, but the trust of countless customers. Her clients continually refer to her outstanding professionalism, work ethic and poise.

Wendy Kaip

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Whether it’s decoding city policies, strategizing relocation plans, home sellers looking for a trustworthy advisor to unlock their property’s maximum potential- Wendy is here to help every step along the way.

Prior to real estate, Wendy spent over a decade in the mining industry with her attention to detail, keen negotiation skills, extensive network and strong reputation for getting the deal done, bringing endless value to her current real estate clients.

Whether you are thinking about selling to a developer, or have more questions about commercial real estate, Wendy invites you to connect, to see how she can utilize her expertise and team to help create value and maximize your real estate goals.

Simon Chan

Managing Broker
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Simon is the managing broker of Claridge Real Estate Advisors Inc. His expertise has helped our agents resolve many difficulties. Not only is Simon knowledgeable with real estate legislation, but he is also very detail orientated. With Simon on our team, our agents are confident to conduct businesses and will always get the support they need to ensure they’re not walking on dirty water.

Frank Zhou

Analyst
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As the analyst of the company, my key job is to help brokers to find marketable clients and locate feasible development sites by collecting and analyzing up-to-date market transaction data and conducting target market and property-level research. Meanwhile, I am also in charge of maintaining the company’s property database to ensure accuracy and comprehensiveness and continuously upgrading the level of knowledge by staying up to date with hot topics, and market trends, and incorporating findings into everyday work. Before joining the company, I worked for CR Group as a real estate investment manager, focusing on capital raising, equity and debt financing, acquisition and renovation. I hold 2 master’s degrees, one in Housing Management and the other in Economics.

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