Owners Corner

Recent Activity

Order for Approval of Sale

Town Hall Meetings – Recap

Dear PSOE owners,

The Board has been on an emotional journey these past two years! We all love our resort and have enjoyed many wonderful holidays making memories there, as all our Owners have. Both the PSOE Board and the Strata Council have focused on addressing many deficiencies at our beautiful resort, while being very careful with our limited funds, over many years. However, with the growing delinquency and our Owners’ inability to fund the extensive required renovations, we have worked hard to fulfil our Owners’ July 2017 decision to approve the MOU and sell our units.

We had a very good turnout for our two informational meetings last weekend concerning the sale of PSOE holdings at Pacific Shores Resort. However, your PSOE Board of Directors does understand that many people were unable to make it to Parksville or Victoria on those days. So, we are writing this letter to give you an update on our progress.

The Board has negotiated a sale of PSOE holdings to Transtide Investments Limited Partnership. (Transtide will designate a BC numbered company to be the actual buyer at closing.) As you may know, Transtide is the owner of the commercial centre and the 200 block (formerly PSFRA, the fractional component of the resort). The sale is subject to court approval and a hearing is scheduled for December 19th in the Victoria BC Supreme Court for the court’s consideration.

Under the terms of the agreement, Transtide will pay $3,675,000 to PSOE for all interests held by PSOE and/or its members in 61 suites at Pacific Shores. This price was agreed upon after a year-long marketing and sales effort by Colliers International resulted last summer in just one offer for the combined property of PSOE and Transtide at Pacific Shores. That offer was for $9,000,000 and was deemed unacceptable by Transtide. PSOE then negotiated with Transtide to have Transtide pay PSOE the amount which PSOE would have received from a $9,000,000 sale under the Memorandum of Understanding approved by the PSOE membership in July 2017.

With this sale arranged, your PSOE Board is pleased to advise you that there will be no maintenance fee billing for 2019 for PSOE or Pacific Shores. If the sale closes in early January as expected, there will be a distribution of sale proceeds to PSOE members sometime in 2019 after that. There will be further announcements about the process of this distribution, so please look for that information in the coming months. Possession and operation of Pacific Shores will be taken over by Transtide on January 1, 2019.

There are just a couple of weeks left for owners to use Bonus Time at Pacific Shores before we close our units on December 31st! Now is the perfect time for a little getaway. Please call 250-586-7262 to check availability.

Regarding your future vacation plans, the Board invited Vacation Internationale Resorts (VI), a well-respected vacation club, to present a no-obligation offer to join their club for no membership fee (paying only the annual maintenance fees). Additional information about that can be found below.

Introduction of Vacation Internationale

We know that many Owners enjoy their timeshare experience. Your Board of Directors has worked closely with VI to develop a special opportunity for those PSOE members who wish to continue being a timeshare owner. VI is offering a free membership in their VI Program for PSOE Owners. There is no obligation to join VI and this offer is in no way tied to the closing of the resort and proceed distribution.

Your Board encourages you to take time to learn about the benefits that VI offers. Once again, this membership into VI is free, (you are responsible for the maintenance fee), with no hidden costs.

Please click here to see the VI presentation, along with Frequently Asked Questions (FAQ’s) about VI Resorts. Please call 800-871-6357, direct PSOE Owner line, for more information.

  1. Order of Master Bouck, pronounced November 21, 2018
  2. Information Circular – B – Nov 2018 (Summary of Court Proceeding)
  3. Information Circular – C – Chargeholders – Nov 2018 (Summary of Court Proceeding)
  4. Amended Petition to the Court

The Board would like to invite all owners to a town hall meeting to present an update on the sale of our 61 PSOE units. We have been limited in the information we could share to date and are happy to now have the opportunity to answer questions from our owners.

The Board is also pleased to be able to introduce Vacation Internationale (VI) to our owners. VI will be presenting an exciting opportunity for those of you who want to continue their vacation investment in a timeshare club. This ownership will also allow you to continue your membership with RCI &/or II if you so desire.

Please attend this special meeting as the VI staff can explain their program to you and answer your questions. There is no obligation to join and there will not be any high-pressure sales people around to “convince” you to join. There are absolutely no upfront costs and just a reasonable annual maintenance fee. Additional information on the VI program is available on the PSOE website at pacificshoresbc.com (the login is psoe and the password is craigbay) or at viresorts.com.

We will hold two meetings.

Saturday, December 8th 2018 at 12:30pm:
Parksville Community Centre, 132 Jensen Ave E Parksville, BC V9P 2H2

  • Seaside Auditorium
  • Parking lot for the building as well as 2 empty gravel/grass lots on either side of the Centre within a two block radius.

Sunday, December 9th 2018 at 11:00am:
University of Victoria, B115, Ring Rd, Victoria, BC V8P 5C2

We look forward to seeing you all in December!

Your PSOE Board of Directors

FAQ - PSOE and Vacation Internationale

PSOE SALE UPDATE – November 9, 2018

Thank you very much to all who attended the AGM last month. Your board wants to share additional information with you about the potential sale of Pacific Shores (PSOE and Transtide strata lots). As you know, the due diligence period is set to expire on November 9 and if that contingency is waived, we will be free to discuss the terms of sale with you.

The problems with rectifying errors in how titles were maintained in the past, however, will apparently take longer to resolve than we had hoped. Lawyers for PSOE are preparing a court filing to seek court approval for a solution that will involve notice to parties with an interest in the real property who are not on the PSOE membership list. This process is being pursued as quickly as possible, but it is likely going to require additional time. The potential buyer needs to be sure it will have clear title to thousands of interests and we understand that requirement. We hope you will continue to be patient.

Meanwhile, we are hoping to arrange one or more owner meetings for December (prior to Christmas). During these meetings we will be able to share detailed information about the sale with you. Vacation Internationale will also present its exciting offer that will allow PSOE owners to become members of its vacation club and continue to enjoy your vacations, should you wish to do so.

We will provide additional information about all of this as soon as we can via both email and mail. Due to the rotating strike by Canada Post and the possibility of mail delays, I strongly urge all owners to regularly check the Owners Corner of the PSOE website as the most updated information will be posted there. Please share this message with other owners who may not be receiving emails.

PSOE SALE UPDATE – July 30, 2018

We want to provide you with a status report on the sale process you approved a year ago.  

Since January of this year, Colliers International has marketed the property extensively to both domestic and international buyers.  Both online and in person activities have resulted in 30 potential buyers signing confidentiality agreements to receive detailed information.  Of these, 14 potential buyers have toured the property.

Despite these efforts, however, there have been no offers received.  One potential buyer did indicate a willingness to make an offer, but at a price that was not acceptable to the other seller, Transtide Investments.

At this time, therefore, there is no sale to report to you.

However, the marketing efforts are continuing, and we hope to be able to report a sale before the AGM, scheduled for October 27.   Other developments in relation to the process will be addressed at the AGM, including plans for 2019 in the event a sale is not concluded by the end of this year.

Please remember that any sale must be approved by the PSOE board of directors and by the court. Further, all owners will receive notice of any proposed sale and the schedule of a court hearing for its approval.

If you have any questions in the meantime, please let us know.


Since late last year, when the BC Supreme Court approved the Board to proceed with the sale, Collier's International developed comprehensive marketing products and translated them into relevant languages. To date, 27 interested parties have signed the Confidentiality Agreement and received access to the large amount of Pacific Shores reports and informational material. Many tours have attended the resort and continue to be scheduled.

Collier's Aerial Tour

The Parksville real estate market is healthy and there have been recent sales of local hotels & resorts, with large financial investments going into redesigning, renovating and rebranding these locations. It is encouraging to see the market continue to strengthen and bring new investments to the Oceanside area. Overall the Canadian hotel investment market continues to be strong and resilient for the seventh consecutive year.

The Board understands the challenges of being patient and the concerns of our Owners through this unfamiliar process. Obviously, it does tend to take longer to market a multi-million-dollar commercial property, as opposed to a typical residential home or condo. The due diligence required by an interested investor is extensive and takes some time. In addition, there is no typical hotel statistical history, due to Pacific Shores timeshare past, therefore additional understanding and work is required by any serious investor.

We are working very hard to find the right buyer for our beautiful property. If, however, we are ultimately unsuccessful, the Board will be exploring different alternatives toward the end of 2018 on behalf of our Owners.

We promise to keep you all updated to any changes or developments. In the meantime, if you haven't already paid your annual maintenance fees please do so as soon as possible, so you can take part in the sales proceeds.

Nikii Morrison, PSOE's General Manager, and her fabulous staff continue to do an outstanding job ensuring our Owners and guests have wonderful vacations at Pacific Shores. There are still some spring & fall bonus weeks available to all our PSOE Owners again this year; a nice way to fit in an additional vacation at beautiful Pacific Shores.

Strata continues to be productive and is making progress throughout the property. The 500 block decks are being rebuilt, exterior walls assessed and repaired, power-washed and hopefully painted before the summer, weather depending. Nikii is working with the contractors to try and mitigate any issues with Owners weeks & reservations during this work. The replacement of the second half of the 600 block roof & skylights is also being scheduled. Over the winter, ILS, strata's landscaper, removed over 120 yards of underbrush from in front of the 700 block area, put non-slip protection on our many wooden walkways & bridges and cleaned the ponds.


Collier's International has been actively marketing, advertising and showing the resort since the beginning of January. An undertaking of this magnitude takes time, patience and planning, with many questions and investigations from interested potential buyers.

We will continue to keep everyone updated as things move along. In the meantime, please continue to plan your 2018 vacations, whether enjoying Pacific Shores or booking with an exchange company.

On Friday, November 24th, our petition to allow PSOE to market units was approved by Justice Johnston in the BC Supreme Court. Our 61 units, along with the Transtide units and commercial centre, will be marketed by Colliers International Hotels. If a buyer is found and a qualified offer is made, all PSOE Owners will receive notice of court approval being sought.

Re: Court Order Summary

An email was recently sent to all Pacific Shores Owner Enterprises Ltd. (PSOE) owners with an email address on file. On the same day, these same documents were sent via post to owners without an email address on file. The documents are also posted below.

The communication and the materials below were provided to you because you are recorded as a member of PSOE and an owner of a weekly interest at the Pacific Shores Resort in Nanoose Bay, British Columbia.

Please check back to this site for additional information as it becomes available.

Good News for PSOE Owners!

Although we are still working through the process towards the sale of the resort that was approved by the owners in July, we have good news for owners who are trying to make vacation plans for 2018.

Your board of directors has been able to confirm that reservations will be accepted at the resort through December 31, 2018. This means that owners can book reservations through RCI, Trading Places or any other channel as normal, including their use weeks at Pacific Shores. We anticipate that any purchaser of the resort would take over control of the PSOE units on December 31, 2018.

Meeting Minutes





Pacific Shores Owners Enterprises Ltd. Board of Directors

Name Phone Fax Email
Kate Britton 250-756-9361 250-713-4449 katenalan@hotmail.com
Stuart Allen     stuart@stuartallen.org
Dave Hillmer 250-889-3513   dave@VictoriaListings.com
Harry Felsing 250-477-8913   felsing@telus.net
Richard DeWolf 250-586-8766   rdewolf@shaw.ca
Leonard Aylward 250-339-0288 250-339-0208 leonardaylward@shaw.ca
Claus Flemming 250-743-1147   chfcontracting@shaw.ca


March 18, 2013

The following questions have been brought to our attention by a few of our association members:


  1. Does being managed by Trading Places Management-Canada Inc. (TPIMC) change the PSOE affiliation agreement with RCI Exchange weeks or points program?
  1. NO, definitely not. Our association has a long-term Exchange Affiliation Agreement with RCI which qualifies our association units, and the owners thereof, to participate in the worldwide RCI Exchange.
  1. Does being managed by TPIMC cancel or replace my RCI Exchange membership?
  1. NO, definitely not. Your agreement to participate in the RCI Exchange whether weeks or points is a valid and continuing agreement between you and RCI. Nothing has changed and you should plan on continuing to use RCI to its full benefit. RCI will continue to provide you with wonderful quality exchanges. TPIMC as the management company will assist all owners with the deposit of your timeshare with RCI.



Trading Places International (TPI), as the name describes, also operates an exchange. They have excellent opportunities for exchanges in Hawaii, Mexico and other areas throughout the United States. Being managed by TPIMC provides all association members a free membership in the TPI exchange system. There are no membership fees and their exchange fees are slightly less than the larger exchange companies.


  1. Where should I make my maintenance fee payments?
  1. If you need to pay your annual maintenance fees or just your monthly or quarterly payment, please send your payments directly to the PSOE operating accounts at the bank so it will be received by the association or click here to pay online.


  1. Does TPIMC rent timeshare units for owners?
  1. Yes, and yes. However, TPIMC itself is not a timeshare marketing company. However, we have some very exciting associations with re-marketing groups that we will be introducing to the PSOE board of directors as soon as possible. There will be a program to assist the association with the resale of owned intervals so there is a full contingent of owners paying their fair share of maintenance fees.
  1. Owner comment: “I bought a timeshare from another owner and I was not given all the same rights the owner had previously. That included use of the pool, hot tubs and fitness centre year-round. I was restricted from this benefit except for use during my use week time. I was also denied the ability to obtain bonus time at the discounted rate at all of the manager’s managed properties. Is this discrimination going to continue?”
  1. All new owners who come into the association will be provided the same benefits everyone else has within the PSOE units and associated common areas controlled by the Strata, of which we are all members. We feel that discriminating against any one owner over another for any reason is wrong. Each owner must pay his/her fair share of annual fees, which is what pays for the upkeep and care of the units and common areas.


  1. What are the rules, regulations, and rates for Bonus Time?
  1. Bonus Time can be booked 15 days or less (subject to availability). No minimum; 3 night maximum. May request additional nights after checking in (subject to availability). No guest use (owner use only).

    • Hotel - $49/night
    • 1 bedroom - $79/night
    • 2 bedroom - $99/night

Use Time Calendar

Click on calendar year to enlarge



Have you moved, changed your contact information, changed your marital status or had any other significant change in your personal status? Use the following document to assist with any of the following regarding your ownership:

  • Change a name(s)
  • Add or remove a name
  • Transfer to a family member or trust
  • Sell your timeshare to a new owner
  • Retrieve contact information for your Recording Office
  • And more

Click here to download and print quick reference sheet information.

Resales Information

Trading Places International does not participate in timeshare resales; however, the following information may be beneficial in starting the resales process. We encourage you to take advantage of this resource center from ARDA.

The ARDA-ROC Timeshare Resale Resource Center

The ARDA-ROC Timeshare Resale Resource Center is available on the ARDA-ROC.org website. Please click here to view the new ARDA-ROC Resale Center. This is a one-stop resource to educate timeshare owners about the resale process and to protect them from unscrupulous resale and marketing companies.

The goal of this new Resale Center is to offer owners an objective educational place on the web regarding traversing the thorny secondary market.

The Resource Center offers:

  • Information for consumers on how to find the right type of resale process to meet their individual needs.
  • Checklists to help them through the resale process including questions they may ask potential resale companies.
  • Information on how to identify scams and avoid commonly made mistakes.
  • A comprehensive list of frequently asked questions owners may have about reselling. Some of the most important questions dealing with such issues as whether or not legal and tax advice is believable; how the secondary market is regulated; and where to file complaints, along with websites to verify facts about a resale company.
  • A site that encourages owners to share information on their resale experience and the effectiveness of their resale efforts through an on-line survey.

Source: American Resort Development Association, 2011

Owner Perks

Bonus Time

Bonus Time is a perk that allows owners a discounted rate to return to their resort for a time that they may not own in. There are regulations put in place to also maximize the rental revenue for those owners who have placed their units in the rental program.

  • Bonus Time is available to all PSOE owners who are in good standing. It is for those owners on title only and owner must be occupying the room reserved. (non-transferable)
  • An owner can reserve up to 15 days in advance of check in.
  • An owner can reserve up to 3 consecutive nights, additional nights can be reserved after check in.
  • All reservations are subject to Bonus Time Availability.
  • Payment is due at the time of booking.
  • All reservations are final and non-refundable.

Bonus Time Rates as of Jan. 1, 2016:

Hotel/Studio C$49 + tax
One Bedroom C$79 + tax
Two Bedroom C$99 + tax

To reserve, please call Trading Places International at 800-365-6480 ext. 1 and ask to check “Bonus Time” availability.

Bonus Weeks

This opportunity is available until Dec. 15, 2018. It allows owners to reserve weeks in addition to the week(s) you already own.

  • This program is available to PSOE owners only; guest use is not permitted. (non-transferable)
  • The week may not be rented or deposited for exchange. It is for owner use only.
  • Consecutive weeks are allowed, however concurrent reservations may not be reserved. (Owners are not able to reserve 2 weeks for the same time period)
  • It is based on availability. (No sell limit for how many can be reserved in any given year per owner)
  • Reservations may be made now for any stays through Dec 15, 2018

Bonus Week Rates

One Bedroom C$725
Two Bedroom C$875

To reserve, please call Trading Places International at 800-365-6480 ext. 1 and ask to check “Bonus Weeks” availability.

Resales Webpage

Those owners looking to sell their timeshare can now post their information on the resort’s website. At the top right of this page you can click on RESALES and follow the prompts to see what is currently listed. If you are interested in listing your PSOE timeshare on the page please email the General Manager: Nikii Morrison at nikii.morrison@tradingplaces.com or call her at 250-586-7262 ext. 388.

The website is updated at the end of each month. Pacific Shores will contact you prior to each update so that you can provide any changes.

Note: Anyone interested in purchasing a timeshare listed will contact the owners directly.

Note: TPI and PSOE does not endorse using a resale company that requires funds up front. Please research any company prior to using their services.

Property Taxes

Maintenance Fees


Winners of a Free Week from TPI Exchange!

Important Information

From September 4th to April 30th the front desk will be open from 8 a.m. to 9 p.m. Monday to Thursday and 8 a.m. to 10 p.m. Friday to Sunday.

From May 1st through September 3rd, the Front Desk hours will be open from 8:00 a.m. to 10:00 p.m. Monday – Sunday.

As of May 2016 PSOE check in office is back in the Resort Centre.

As of April 19, 2017 – Indoor Gym is open after repairs from water damage.

As of February 24, 2017 – Indoor Pool, sauna and hot tub is OPEN.

We have become aware of a possible "scam" company targeting PSOE owners. This communication does not come from your management company or Board. We strongly suggest that you do not respond to this solicitation.