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Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could still be a while yet before lower borrowing costs translate into a meaningful boost to sales activity
Builder sues City of Burnaby for $11.3M over long-delayed ice arena

Builder sues City of Burnaby for $11.3M over long-delayed ice arena

Pomerleau Inc. says 'numerous cumulative impacts and cascading delays' increased costs on the Rosemary Brown Recreation Centre project.
B.C. Premier David Eby vows better public consultation on supportive housing projects

B.C. Premier David Eby vows better public consultation on supportive housing projects

Improvement on B.C.'s healthcare, housing, education and climate change actions among NDP's promises for upcoming election.
Baseline emerging for land prices as new normal takes hold

Baseline emerging for land prices as new normal takes hold

Foreclosures create opportunities for residential land buyers
Action, not just reporting, will help building owners limit carbon emissions and increase asset values: experts

Action, not just reporting, will help building owners limit carbon emissions and increase asset values: experts

Reporting energy and carbon data is just the first step in trying to limit global warming to international targets.
Government funding drives B.C. multi-family investment activity

Government funding drives B.C. multi-family investment activity

Momentum continuing in the second half of the year as interest rates fall
B.C. revamps building code to allow single stairwells in buildings up to six storeys

B.C. revamps building code to allow single stairwells in buildings up to six storeys

The province says all new buildings designed under the changes will require safety measures including sprinklers, smoke-management systems and wider stairwells.
Longshore worker unions denounce federal intervention in railway labour conflict

Longshore worker unions denounce federal intervention in railway labour conflict

MONTREAL — Unions representing longshore workers at the country's major ports are promising to put pressure on the federal government if it won't commit to staying out of potential labour disputes in the sector.
WorkSafeBC fines Burnaby construction company $168K after crane hits power line

WorkSafeBC fines Burnaby construction company $168K after crane hits power line

Concrete company Femo Construction Ltd. is appealing a WorkSafeBC penalty related to a tower crane hitting a high-voltage power line at a Coquitlam construction site.
Canada Post at 'critical juncture,' financial situation unsustainable: board chair

Canada Post at 'critical juncture,' financial situation unsustainable: board chair

The chair of Canada Post’s board says the organization’s financial situation is unsustainable. "The board and senior management recognize that Canada Post is at a critical juncture," said André Hudon at its annual general meeting on Wednesday.