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Solving shortage of construction workers key to housing growth: experts

Solving shortage of construction workers key to housing growth: experts

Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada's national housing agency continues to forecast housing start levels that fall short of growing demand.
Sale ordered for Richmond luxury hotel in $80M debt

Sale ordered for Richmond luxury hotel in $80M debt

The 100-room Versante Hotel is being listed for $98 million in a court-ordered sale.
B.C. construction sector seeks support as workers shortage, late payments persist

B.C. construction sector seeks support as workers shortage, late payments persist

VICTORIA — British Columbia's construction industry says its workforce numbers have improved in recent years, but persistent labour shortages are putting "extreme pressures" on employers.
Budget 2024: Key numbers from the Liberals' latest spending plan

Budget 2024: Key numbers from the Liberals' latest spending plan

OTTAWA — Here are some key numbers from the Liberal government's federal budget: $535 billion: Total government spending for the 2024-25 financial year. $39.
In federal budget, Ottawa looks to Canada Post land for building housing supply

In federal budget, Ottawa looks to Canada Post land for building housing supply

OTTAWA — The federal government is eyeing underutilized Canada Post and National Defence properties as a way to deliver affordability and supply to the country's housing market.
Housing starts down seven per cent in March from February: CMHC

Housing starts down seven per cent in March from February: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.
B.C. experts urge more budget spending to tackle housing crisis

B.C. experts urge more budget spending to tackle housing crisis

Funding attached to the Canada Rental Protection Fund and infrastructure fund is not enough, says B.C. housing minister.
B.C. home sales slide almost 10 per cent in March despite mortgage rate drop

B.C. home sales slide almost 10 per cent in March despite mortgage rate drop

The B.C. Real Estate Association says the province saw 6,460 residential unit sales in the Multiple Listing Service systems last month, a 9.5-per-cent decline from March 2023.
Comment: B.C. needs legislation that requires construction payments to be prompt

Comment: B.C. needs legislation that requires construction payments to be prompt

Why should anyone have to wait to be paid for completed work?
'Factory-built housing' linchpin in solving Canada's housing crisis, says former mayor

'Factory-built housing' linchpin in solving Canada's housing crisis, says former mayor

Co-chair of housing and climate task force says B.C. forestry industry to play key role in building 5.8 million homes through 'factorization' of Canadian housing.