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British Columbia

Alberta oil output hits new record as producers ramp up for Trans Mountain completion

Alberta oil output hits new record as producers ramp up for Trans Mountain completion

The Alberta Energy Regulator says crude oil production in the province rose by 8.8 per cent in November to a new historic high of 4.2 million barrels per day.
Kelowna approves sweeping restrictions on short-term rentals

Kelowna approves sweeping restrictions on short-term rentals

Kelowna city council voted 4-3, with two councillors having to sit out because they own and operate short-term rental properties
Edmonton office leasing hit five-year high in 2023 as tenants returned

Edmonton office leasing hit five-year high in 2023 as tenants returned

Demand came from the construction, public service and financial sectors
B.C. housing minister says next naughty list coming soon

B.C. housing minister says next naughty list coming soon

Ravi Kahlon also says province unveiling BC Builds project in ‘very near future.’
Malahat Nation to build large battery-systems factory

Malahat Nation to build large battery-systems factory

The nation plans to build the 100,000-square-foot facility to build battery energy storage systems at its 52-acre business park on reserve land adjacent to the Trans-Canada Highway
Real housing delivered through artificial intelligence

Real housing delivered through artificial intelligence

Kelowna is at the leading edge of a province-wide trend
Kelowna ponders getting tough on short-term rentals

Kelowna ponders getting tough on short-term rentals

Planning staff are bringing forth recommendations similar to those introduced in the fall which would eliminate short-term rentals across the city, except for a select few properties.
B.C. unattractive for oil and gas investors: survey

B.C. unattractive for oil and gas investors: survey

Fraser Institute survey finds investors deterred by regulations, land claims
Vancouver office vacancies fall as industrial vacancies tick up in last quarter of 2023, says report

Vancouver office vacancies fall as industrial vacancies tick up in last quarter of 2023, says report

Both markets are adjusting to large amounts of new supply being added over the last year
B.C. economic growth will lose momentum in 2024: Deloitte

B.C. economic growth will lose momentum in 2024: Deloitte

The province is expected to see slower consumer spending and business investment, and a higher unemployment rate