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British Columbia

Data Points: Lower Mainland housing sales near cyclical lows in peak season

Data Points: Lower Mainland housing sales near cyclical lows in peak season

More homeowners are listing their properties as the market cools
Construction starts on new six-storey control tower at Victoria airport

Construction starts on new six-storey control tower at Victoria airport

The tower, to be completed in 2027, is expected to have state-of-the-art technology and better sightlines
Lack of certainty is the 'death of business': Coquitlam manager

Lack of certainty is the 'death of business': Coquitlam manager

Coquitlam city manager Raul Allueva zeroed in on the recent provincial upheaval to municipal housing policies — “clumsy” legislation that he said was done without civic consultation and has put significant pressure on city hall staff.
Tree lawsuit could halt West Vancouver rental project

Tree lawsuit could halt West Vancouver rental project

The development permit should not have been granted, court documents state.
Realtors association wants upgrades to B.C. public's access to property documents

Realtors association wants upgrades to B.C. public's access to property documents

Digitizing records, online tracking among proposals
UBC Properties Investments, City of Kelowna facing class action over campus construction

UBC Properties Investments, City of Kelowna facing class action over campus construction

Residents of nearby buildings claim construction caused extensive damage.
Major civic project funding on the line as Burnaby saw $175M shortfall in developer money last year

Major civic project funding on the line as Burnaby saw $175M shortfall in developer money last year

Burnaby expected to get $237M from developers last year to pay for its major redevelopment projects in years to come. It came $175M short.
Doubts grow over June interest rate cut after big gains seen in jobs report

Doubts grow over June interest rate cut after big gains seen in jobs report

OTTAWA — The odds of a June interest rate cut from the Bank of Canada appear to have fallen after the latest jobs report from Statistics Canada showed employment jumped by 90,000 last month.
April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

The average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January, a new report says. The report by Urbanation and Rentals.
Forestry Minister disappointed in recent Canfor closures

Forestry Minister disappointed in recent Canfor closures

Bruce Ralston, Minister of Forests, has released a statement regarding Canfor's recent decisions to close Polar Sawmill, curtail a pulp line at Northwood Pulp and suspend reinvestment in its Houston mill.