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British Columbia

B.C. building permit downturn accelerates in May

B.C. building permit downturn accelerates in May

Non-residential permits lead the province-wide decline
UK paper giant enters Alberta with Hinton mill purchase

UK paper giant enters Alberta with Hinton mill purchase

Deal follows staff, production cutbacks in 2022
Development cost charges could incentivize more affordable homes

Development cost charges could incentivize more affordable homes

DCCs should reflect residential square footage, says columnist Adam Wilson
Property owners defy Kelowna's short-term rental rules

Property owners defy Kelowna's short-term rental rules

Hundreds of owners flout four-year-old bylaw, city says, as staff propose ban
BC Hydro's distribution grid not keeping pace with development

BC Hydro's distribution grid not keeping pace with development

Delayed connections short-circuit plans for public, private projects
Rimrock Resort $170M sale caps heady half for hotel deals

Rimrock Resort $170M sale caps heady half for hotel deals

Oxford’s off-market deal signals a post-pandemic recovery in asset investments during first six months of 2023
Deloitte report forecasts oil prices to rise modestly over next three months

Deloitte report forecasts oil prices to rise modestly over next three months

CALGARY — A report by Deloitte Canada forecasts crude oil prices will increase modestly over the next three months. The report by the firm's resource evaluation and advisory group says lower supply will begin to drain global crude inventories.
Vancouver condo sales soar 175 per cent in six months

Vancouver condo sales soar 175 per cent in six months

Condo benchmark price has risen nearly $50,000 from January 2023 to challenge all-time peak
Jericho Land neighbours push back on project’s density

Jericho Land neighbours push back on project’s density

Coalition says the Indigenous-led development is 'too high, too dense’ and is aiming for ‘higher-end profitability’
McLeod Lake Indian Band plans $5B hydrogen plant with Mitsubishi

McLeod Lake Indian Band plans $5B hydrogen plant with Mitsubishi

Shared project with Mitsubishi Power, 90 km north of Prince George, would create 600 construction jobs and would require permanent workforce of 250