Western Canada Business and Real Estate News - Western Investor
3 days ago. Beyond Vancouver, B.C.'s secondary real estate markets poised for investor growth. 3 days ago. B.C. port lockout looms as businesses fear fallout of another labour disruption. 3 days ago. Metro Vancouver approves 25.3% increase to regional tax bill in 2025. 3 days ago. There’s war raging in two oil-producing regions.
Vancouver falls short of 1st-year housing target set by B.C.
2 days ago · Vancouver fell short of the first-year housing target set by the provincial government but a new staff report says the city is on track to increase the number of completed homes in the next few years and surpass the B.C.-mandated five-year target of 28,900. The report, which goes before city council Nov. 12, says there were 4,143 net new units ...
PwC, ULI says tough condo market threatens Canadian developers ...
2 days ago · The condo market in major Canadian markets, including Vancouver, is freezing over due to the current interest-rate environment and increasing costs to build a project, according to a Nov. 7 Emerging Trends in Real Estate 2025 report from PricewaterhouseCoopers LLP (PwC) and Urban Land Institute (ULI). “In markets like Toronto and Vancouver, a ...
Vancouver real estate signals stability as Trump fears ease
4 days ago · Deka Immobilien's purchase of 401 West Georgia-402 Dunsmuir Street signalled renewed interest in major deal-making in Vancouver real estate. B+H Architects. With the uncertainties of a Trump presidency priced into capital markets, the year ahead promises steadier economic times and a normalized environment for Vancouver real estate.
Nanaimo, Chilliwack emerge as BC property investment hotspots
Nov 1, 2024 · Being a strategically located secondary market, Nanaimo has been a popular destination for multi-family investors as well as retail landlords. This year saw four multi-family properties in the city trade during the first six months, one more than in all of 2023, with three additional offerings in WestUrban’s portfolio coming to market in the ...
Top Stories - Western Investor
Federal government posts $9.8-billion deficit for April-to-August period. OTTAWA — The federal government's deficit was $9.8 billion for the April-to-August period. The Finance Department's latest fiscal monitor says the result compared with a deficit of $4.3 billion during the same period a year earlier. about 23 hours ago Read more >.
Alberta Business News - Western Investor
Oct 10, 2024 · Canadian Natural Resources buying Chevron's Alberta assets for US$6.5B. CALGARY — Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion. Oct 7, 2024 10:21 AM Read more >.
Real Estate - Western Investor
Oct 10, 2024 · TORONTO — A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1 per cent year-over-year. The report from Rentals ...
Finance News - Western Investor
Jan 24, 2024 · Don’t look to the BoC to solve Canada’s housing and economic woes, Macklem says. OTTAWA — Bank of Canada governor Tiff Macklem is laying out the limits of monetary policy as he warns the central bank can’t solve problems such as housing affordability with interest rates. Feb 6, 2024 12:47 PM Read more >.
Real Estate and Business News - Western Investor
Jun 23, 2020 · Hundreds of illegal short-term rentals in Victoria still operating: B.C. Ministry of Housing. Information from short-term rental platforms shows the 1,697 listings in Victoria exceeds the number of business licences issued by the city by about 900 listings, the Housing Ministry says. Jul 31, 2024 11:51 AM Read more >.