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British Columbia

Affordable housing groups aiming to raise $110 million through community bonds

Affordable housing groups aiming to raise $110 million through community bonds

TORONTO — Tapestry Community Capital says housing groups across Canada are aiming to raise $110 million through community bonds to secure affordable living options.
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Developments to bring even more traffic for Delta-Surrey corridor

Developments to bring even more traffic for Delta-Surrey corridor

The new RapidBus service is expected to help improve things
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Kelowna city staff against year-round RV park on agricultural land

Kelowna city staff against year-round RV park on agricultural land

Staff say recreational vehicles not recognized as dwelling units and that year-round RV use is banned on ALR land
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Contentious apartment development back before council

Contentious apartment development back before council

The project includes 107 units and would offer rental housing in perpetuity
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Bank of Canada names experts to assess its internal review of pandemic policy actions

Bank of Canada names experts to assess its internal review of pandemic policy actions

OTTAWA — The Bank of Canada has named three experts that will assess its internal review of the central bank's policy response to the COVID-19 pandemic. The experts are Pablo Hernández de Cos, former governor of the Bank of Spain, Kristin J.
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Whistler chips in $3.2M towards $45M-plus housing project in Cheakamus

Whistler chips in $3.2M towards $45M-plus housing project in Cheakamus

The project recently enjoyed an infusion of more than $12M from the province
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Vancouver Island communities prep policies, infrastructure for dry times

Vancouver Island communities prep policies, infrastructure for dry times

Recurring drought conditions poised to limit community growth
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Weakening job market was on BoC's mind as it cut interest rates, summary suggests

Weakening job market was on BoC's mind as it cut interest rates, summary suggests

OTTAWA — The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process.
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Southern Interior industrial projects boost options in tight market

Southern Interior industrial projects boost options in tight market

Planned new supply promises to rebalance, renew region's industrial options
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Annual rental rates still rising but pace slowing: report

Annual rental rates still rising but pace slowing: report

TORONTO — A new report says rents are still rising in Canada, but the year-over-year pace of growth has slowed. The data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.
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