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British Columbia

Portfolio sales drive active Victoria multifamily market

Portfolio sales drive active Victoria multifamily market

Rising interest rates, low inventory set to cool deal activity
Millennium Tower sells in major Calgary office transaction

Millennium Tower sells in major Calgary office transaction

Deal ranks as the largest office transaction this year to date
Feds, province spending $147 million on Hudson Bay Railway

Feds, province spending $147 million on Hudson Bay Railway

Two-year investment will support upgrades and operations
Affordability target demands 570,000 new homes in B.C.

Affordability target demands 570,000 new homes in B.C.

Builders face an "insurmoutable challenge" without government support, an industry analysis finds
Prices for B.C. vacation homes dip despite steady demand

Prices for B.C. vacation homes dip despite steady demand

Rapid price increases are giving way to price reductions amid a growing inventory of recreational properties across the province
Musqueam, FortisBC ink deal on Tilbury LNG expansion

Musqueam, FortisBC ink deal on Tilbury LNG expansion

Agreement provides equity option for Musqueam First Nation in liquefied natural gas export terminal
Edmonton land sales surge to $159M in second quarter

Edmonton land sales surge to $159M in second quarter

Land sales have bounced back to pre-pandemic levels in Alberta’s capital
Victoria to ban use of natural gas and other fossil-fuels in new buildings by 2025

Victoria to ban use of natural gas and other fossil-fuels in new buildings by 2025

Councillors want new buildings to use renewable energy, likely in the form of electricity, instead of natural gas or other fossil fuels for space heating, water heating
Kelowna industrial shortage pressures other land uses

Kelowna industrial shortage pressures other land uses

Golf courses, farmland on development path as cities plan for future growth
SkyTrain approval drives Langley land assembly prices sky high

SkyTrain approval drives Langley land assembly prices sky high

With first SkyTrain contracts being awarded, developers clear space for mixed-used projects as land values push above $13 million an acre