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British Columbia

Potential federal grant cuts could delay Richmond housing plans

Potential federal grant cuts could delay Richmond housing plans

Government of Canada announced Richmond would receive $35.9 million through the Housing Accelerator Fund in January
Worker hit by crane; Burnaby employer fined for trying to prevent WorkSafeBC claim

Worker hit by crane; Burnaby employer fined for trying to prevent WorkSafeBC claim

Castores Builders Inc. was fined $2,500 in September after an investigation found evidence it had tried to convince an injured worker not to file a WorkSafeBC claim.
Burnaby eliminates affordable rental requirement in low-income neighbourhood

Burnaby eliminates affordable rental requirement in low-income neighbourhood

Developers won't be required to build affordable housing in Edmonds Town Centre until it's financially viable for them.
West Vancouver falls 75% short on new housing targets

West Vancouver falls 75% short on new housing targets

Housing grew by only 58 net new units in the last year, mostly single-family homes with secondary suites, staff say
Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

OTTAWA — The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew at an annualized rate of one per cent in the third quarter.
Calgary hotels to lead West in revenue growth next year

Calgary hotels to lead West in revenue growth next year

Margins remain tight as wages rise even as other costs fall
What you need to know before helping your child with a home down payment

What you need to know before helping your child with a home down payment

OTTAWA — With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers.
Contracting firm fined more than $43K for worker injury on Richmond construction site

Contracting firm fined more than $43K for worker injury on Richmond construction site

An explosion and fire caused a worker to be seriously injured
The loonie is trading at lows not seen in years. Here's what it means for Canadians

The loonie is trading at lows not seen in years. Here's what it means for Canadians

The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices weigh. Here's what you need to know.
More infrastructure investment needed in B.C., says construction association

More infrastructure investment needed in B.C., says construction association

High cost of materials and labour contributing to unaffordability, says BCCA