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British Columbia

Right now, buying may be cheaper than renting, says real estate data firm

Right now, buying may be cheaper than renting, says real estate data firm

Falling rates mean mortgage payments can beat rents for similar units, says Zonda Urban.
Annual pace of housing starts in April up 30 per cent from March: CMHC

Annual pace of housing starts in April up 30 per cent from March: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in April rose 30 per cent compared with March.
B.C.'s construction sector lacks diversity and gender balance, data shows

B.C.'s construction sector lacks diversity and gender balance, data shows

More workers are needed to keep up with an aging real estate sector and the population at large, says Prism Construction.
New housing minister says he'll 'leverage' his past as Vancouver mayor in new role

New housing minister says he'll 'leverage' his past as Vancouver mayor in new role

OTTAWA — Canada's new housing minister says he didn't have the tools he needed to address housing affordability issues when he was mayor of Vancouver — the country's most expensive housing market.
Prime Minister Mark Carney says new cabinet will act with 'urgency and determination'

Prime Minister Mark Carney says new cabinet will act with 'urgency and determination'

OTTAWA — Prime Minister Mark Carney shook up his cabinet Tuesday by moving some key players involved in Canada-U.S. relations into new positions and promoting 24 new faces in a move meant to signal change at the top.
Ex-mayor Gregor Robertson gets second shot at housing crisis in Carney's cabinet

Ex-mayor Gregor Robertson gets second shot at housing crisis in Carney's cabinet

Gregor Robertson set himself a bold goal as the newly elected mayor in Vancouver in 2008 – ending street homelessness in the city by 2015.
Hudson's Bay creditor protection extended until July 31

Hudson's Bay creditor protection extended until July 31

TORONTO — An Ontario court has extended Hudson’s Bay’s reprieve from the hundreds of businesses it owes money until the end of July.
Canada's ambassador says economic talks must prioritize lifting Trump's tariffs

Canada's ambassador says economic talks must prioritize lifting Trump's tariffs

WASHINGTON — Ottawa's top diplomat in Washington says talks to negotiate any new deals with the United States will prioritize ending U.S President Donald Trump's ruinous tariffs on Canadian exports.
Steven Guilbeault to remain in cabinet: source

Steven Guilbeault to remain in cabinet: source

OTTAWA — Canadian Culture and Identity Minister Steven Guilbeault is among those names that will stay in cabinet on Tuesday when Prime Minister Mark Carney makes some hefty adjustments to his team, a Liberal source has confirmed to The Canadian Press
Long-awaited hearing begins for three-tower proposal at Commercial-Broadway

Long-awaited hearing begins for three-tower proposal at Commercial-Broadway

Project calls for 1,044 rental units on Vancouver property currently occupied by Safeway