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British Columbia

B.C. construction industry expected to cool in 2023, 2024 amid high interest rates

B.C. construction industry expected to cool in 2023, 2024 amid high interest rates

Housing starts and investment in residential real estate will recover by 2026, according to BuildForce report
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Northern B.C.’s economy is still strong despite forestry industry downturn

Northern B.C.’s economy is still strong despite forestry industry downturn

Mining and energy activity is supporting some northern towns that have otherwise been hammered by sawmill and pulp mill closures throughout the region
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'A rarity': More than 260 new condos coming onto the market at Burnaby's Lougheed

'A rarity': More than 260 new condos coming onto the market at Burnaby's Lougheed

New units will be sold as “move-in ready” instead of through pre-sale.
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Province mum on whether density plan will include stratas

Province mum on whether density plan will include stratas

B.C.’s Homes for People program will allow up to four housing units on most detached-house lots, but officials silent on whether the additional homes will be rental only
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New Saanich policy to require developers to help displaced tenants

New Saanich policy to require developers to help displaced tenants

For all rezoning applications that result in permanent displacement of five or more tenant households, the applicant would have to offer relocation help and the right to a new suite at a discounted rate
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Public employees' remote work agreement just the beginning: labour expert

Public employees' remote work agreement just the beginning: labour expert

Issues of employee time, surveillance, productivity and the right to disconnect have all become hot-button topics in the wake of COVID, says economist
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Canadian Tire to acquire 10 Bed Bath & Beyond leases for $1.6 million

Canadian Tire to acquire 10 Bed Bath & Beyond leases for $1.6 million

TORONTO — Canadian Tire Corp. Ltd. says it's acquiring 10 former Bed Bath & Beyond leases to expand its Mark's and Pro Hockey Life banners. The Toronto-based retailer says it's taking on the leases for a final purchase price of $1.6 million.
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Vancouver ripe for converting office buildings to residences: Avison Young

Vancouver ripe for converting office buildings to residences: Avison Young

City has 548 buildings that could potentially be adapted, according to firm
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Metro Vancouver residential land posted astonishing prices in Q1

Metro Vancouver residential land posted astonishing prices in Q1

Vancouver site sells at $95 million per acre; an acre in the suburbs ranges up to $27 million – and the eye-popping prices will be passed on to new home buyers and renters.
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‘Faster’ environment approval for mines measured in years, not days

‘Faster’ environment approval for mines measured in years, not days

‘We must be clear that it cannot take us 12 to 15 years to open a new mine in this country,' concedes Natural Resources Minister Jonathan Wilkinson
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