Councillor says $100M project denied loan over Cowichan case, bank says not a factor

A Richmond, B.C., councillor says a company based in the city has been refused financing for what she says is a $100 million project because of uncertainty over their site due to the Cowichan Tribes Aboriginal title ruling.

But the bank identified by Coun. Alexa Loo said the issue was "not a factor" in its financing decisions.