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British Columbia

Asia leads coal demand

Western Coal Corp. is flying high thanks to continued demand for metallurgical coal in Asia.

Bound for Prince Rupert

The fury of the sub-prime crisis had yet to hit, the market crash and crisis in development financing was a year away and the recession that pounded international trade was yet to come. But looking back, the numbers have largely held up.

Ski resorts see rental slump

B.C.'s 46 ski resorts have seen a drop in average overnight rental revenue, with income falling sharply last season and little recovery expected this winter, according to a BC Stats survey. The survey looked at almost 500 rental properties at B.C.

Buyer's rule in housing market

Since April, overall Greater Vancouver housing prices have decreased 2.8 per cent compared with the all-time high reached in April when the residential benchmark price was $593,419, according to the Real Estate Board of Greater Vancouver.

Province backs NE gas plays

The B.C. government announced plans to inject $115.6 million into the province's northeast gas sector last week just days after a Calgary-based investment dealer slashed its stance on the commodity.

Home builders brush off HST as new starts soar

Despite fears of a housing construction slump after the introduction of B.C.'s harmonized sales tax, new-home starts have more than doubled from a year ago in some markets.

Vancouver office vacancies rise with new inventory

Metro Vancouver's office market is posting an 8.4 per cent vacancy rate, up from 6.9 per cent a year ago, as rising subleases and new suburban construction adds to the inventory of vacant space.

Finding housing bargains in the U.S. Sun Belt

Canadian investors are finding super low house prices in Phoenix, Arizona, and experts say rising foreclosures will keep prices low for some time.

City's condo outlook

Experts and industry watchers come at the question from every possible angle, but the underlying theme, the common thread uniting them all, is the belief the market of 2010 remains solid for the long-term investor.

Developer eyes Mission for riverfront eateries

Vancouver developer Howard Meakin hopes to "kick-start" waterfront development in Mission with a restaurant, marina and floatplane dock.