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British Columbia

Vancouver industrial vacancy rate surpasses 3% for first time since 2015

Vancouver industrial vacancy rate surpasses 3% for first time since 2015

Metro Vancouver industrial vacancy rate still among lowest in Canada, says Avison Young
Green councillor withdraws call for review of natural gas ban reversal in new homes

Green councillor withdraws call for review of natural gas ban reversal in new homes

Vancouver council voted 6-5 in July to reverse policy that banned use of natural gas for heating, hot water in construction of new detached homes
Kamloops prepares for housing boom as old government building comes down

Kamloops prepares for housing boom as old government building comes down

Hundreds of homes to be built in two-phase project starting in 2025
Feds’ order to end rail shutdown ‘unprecedented,’ labour tribunal says

Feds’ order to end rail shutdown ‘unprecedented,’ labour tribunal says

MONTREAL — The federal government's directive to end the countrywide rail shutdown in August marked an "unprecedented" move, says Canada's labour tribunal, signalling a stauncher approach to disputes that rarely see direct intervention from cabinet.
Metro Vancouver developers propose shifting construction fees directly to homebuyers

Metro Vancouver developers propose shifting construction fees directly to homebuyers

Metro Vancouver developers say they should not be on the hook for development cost charges levied on new home construction projects to pay for growth-related infrastructure; however, one developer has pitched a proposal that such fees first be financed by government then paid by homebuyers, upon purchase.
Five things to watch from the Bank of Canada interest rate decision

Five things to watch from the Bank of Canada interest rate decision

The Bank of Canada will release its interest rate decision and monetary policy report on Wednesday. Here are five things to look for in the decision.
Don’t rule out 75bp cut in overnight rate, says CIBC economist

Don’t rule out 75bp cut in overnight rate, says CIBC economist

Wednesday's interest rate decision by Bank of Canada could pack a large punch
Columbia Square plan leads to 'weird' and 'unorthodox' New West council meeting

Columbia Square plan leads to 'weird' and 'unorthodox' New West council meeting

New Westminster council debated the future development of Columbia Square Plaza on Monday night — and fielded a new proposal mid-meeting.
Burnaby thwarts provincial transit-oriented housing laws — again

Burnaby thwarts provincial transit-oriented housing laws — again

For the second time, city council has postponed a decision on transit-oriented development required by the B.C. government until the provincial election is settled.
Vancouver project takes aim at B.C.’s commercial rent crisis

Vancouver project takes aim at B.C.’s commercial rent crisis

Multi-phase initiative aims to help independent businesses grapple with affordability issues