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British Columbia

Amazon confirms second office in downtown Vancouver

Amazon confirms second office in downtown Vancouver

Amazon will lease a new, nine-storey office building at the southwest corner of Dunsmuir Street and Homer Street, expected to add 1,000 new tech jobs
Vancouver properties have the lowest commercial tax rate in the country

Vancouver properties have the lowest commercial tax rate in the country

A new report by Altus Group shows that Vancouver commercial rates remain the lowest in Canada, despite being taxed five times more than residential
British developer Grosvenor delves into Vancouver residential

British developer Grosvenor delves into Vancouver residential

The 340-year-old U.K. company known for several notable Vancouver commercial developments is building its first residential project in the city
Canada's commercial market to remain stronger than ever

Canada's commercial market to remain stronger than ever

CBRE believes the nation's bullish market conditions will continue as developers and landlords adapt to succeed
New B.C. ski resort delayed until 2020

New B.C. ski resort delayed until 2020

A ski resort near Valemount, B.C. was green-lit last year with a completion date of Christmas 2018, but construction is now expected to continue into 2020
Unprecedented office demand to test price ceiling

Unprecedented office demand to test price ceiling

New speculative towers are expected to push rents to record highs as vacancy rate continues to tighten
Kelowna trending into a top-tier investment opportunity

Kelowna trending into a top-tier investment opportunity

Named by Western Investor as the top western city for real estate investors, Kelowna’s explosive growth trajectory may just be starting
Hudson’s Bay seeks bids for downtown Vancouver flagship store

Hudson’s Bay seeks bids for downtown Vancouver flagship store

The store is expected to sell for as much as $900 million, following HBC's new partnership with co-work space company WeWork
Sun Peaks resort boom drives up housing demand

Sun Peaks resort boom drives up housing demand

Seasonal workers struggling to find accommodation at Interior B.C. mountain resort, as home prices continue to soar and demand outpaces supply
Bank of Canada interest rate holds steady at 1% - for now

Bank of Canada interest rate holds steady at 1% - for now

Central bank holds overnight rate – this time – and will proceed tentatively with future rises