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British Columbia

Growth-minded lenders tighten terms of new debt as costs rise

Growth-minded lenders tighten terms of new debt as costs rise

Multifamily, industrial lending poised to grow in 2023
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Ski hills experience strong demand, but real estate softens

Ski hills experience strong demand, but real estate softens

Royal LePage forecasts price declines of up to 10 per cent in Western Canada this year following lift from 2021
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Royal Bank buying HSBC Canada in $13.5 billion deal

Royal Bank buying HSBC Canada in $13.5 billion deal

All-cash transaction will see RBC acquire 130-branch rival in largest acquisition in Canadian banking history
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Metro Vancouver investment deals could top $13 billion this year

Metro Vancouver investment deals could top $13 billion this year

Slowing interest rate hikes bode well for commercial real estate deal-making, financing activity
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B.C., Prairie farmers cashing in with interest-free loans

B.C., Prairie farmers cashing in with interest-free loans

With the first $250,000 interest-free, producers can save big with a cash advance under federal program
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Calgary out ranks Vancouver among world’s best cities

Calgary out ranks Vancouver among world’s best cities

Alberta’s biggest city – tops in Western Canada and third place in the country – lauded for its economic potential
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Yorkton grocery store adding modular farm to its site

Yorkton grocery store adding modular farm to its site

Saskatchewan Legacy Co-op concept aimed at providing year-round vegetables without trucking costs or inflation fears
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Victoria street crime has some downtown retailers wanting out

Victoria street crime has some downtown retailers wanting out

‘What we’re seeing is more and more a complete state of lawlessness and that is terrifying when all we are trying to do here is run our business,’ one business owner says
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Rising cap rates linked to strong cash flows, not weak demand

Rising cap rates linked to strong cash flows, not weak demand

Income-producing properties are providing a hedge against rising costs
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B.C. trying to claw back $10.5 million in COVID-19 payments

B.C. trying to claw back $10.5 million in COVID-19 payments

Province now claims that 95 per cent of applicants should not have received the $1,000 one-time, tax-free payment – and it is also looking at small business recovery grants
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