One of my best friends here at architecture school has a fine arts degree from SFU. I've seen a ton of her work, and photos of the studios/exhibitions.
She raves about how good the program/experience was, and from the looks of everything it seems top notch.
I know that SFU doesn't have the reputation of UBC or Emily Carr, but I'd definitely give it a chance. It looks quite progressive.
I would hesitate to go to UofC though. I've known too many people that have had unpleasant experiences there, and from my visits I can vouch for that.
Hope this helps!