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British Columbia

Nordstrom space in prime location as destination retail stays strong

Nordstrom space in prime location as destination retail stays strong

High fashion sales last year suggest possible successor at Pacific Centre
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After 15 years of planning, hotel to open in downtown Nanaimo

After 15 years of planning, hotel to open in downtown Nanaimo

The opening of the new Courtyard by Marriott is imminent, with workers putting finishing touches on the 172-room hotel at 100 Gordon St. in Nanaimo, B.C.
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Comment: farmland prices have seen spectacular increases

Comment: farmland prices have seen spectacular increases

Farmland is getting expensive, but farmers – many of whom are renting – are making more money than ever
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Calgary initiates expropriation process for rapid transit project

Calgary initiates expropriation process for rapid transit project

Backlog at Alberta land titles office demanded early action to keep construction on track
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Developer donates Victoria-area houses rather than demolish them

Developer donates Victoria-area houses rather than demolish them

Edmonton-based developer TLA Developments is clearing the Esquimalt, B.C., site for a 46-unit condominium project
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Breaking: Nordstrom closing all stores in Canada

Breaking: Nordstrom closing all stores in Canada

Seattle retail giant says it can’t see a path to profitability in this country
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Housing sales perk up in Greater Vancouver, Valley, Victoria

Housing sales perk up in Greater Vancouver, Valley, Victoria

February sales soared 77 per cent month over month in Greater Vancouver, 65 per cent in Victoria and 43 per cent in the Valley
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Leading indicator spots slowing of 'highly abnormal' CRE market

Leading indicator spots slowing of 'highly abnormal' CRE market

Quarterly index reveals dip in commercial real estate sector late in 2022 as it continued a six-month downward trajectory
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Alberta Budget: soaring revenues launch a spending spree

Alberta Budget: soaring revenues launch a spending spree

With a $2.4 billion surplus, province will invest a record $24.5 billion into health care as oil and gas revenues reach a new high of $76 billion this year
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B.C. Budget forecasts $4.2 billion deficit, ‘leaves economy out’

B.C. Budget forecasts $4.2 billion deficit, ‘leaves economy out’

‘The Budget is essentially silent on an economic strategy,’ despite big spending, Board of Trade says – but non-profit housing groups praise it
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