News
Published brokerage updates and market posts.
News
Published brokerage updates and market posts.
Prime Minister Mark Carney recently addressed the Greater Vancouver Board of Trade, discussing potential cuts to housing development fees as part of a broader economic strategy for British Columbia. His remarks highlight the urgent need for increased housing supply to address affordability issues in the region.
Ontario's housing market is facing a crisis with zero new condo launches in Q1 2025 and a significant drop in housing starts. Experts suggest policy changes like permanent HST relief and streamlined approvals to revive the market.
The historic Hudson’s Bay Co. flagship store in downtown Vancouver is set to be acquired by Onni Group, raising questions about its future redevelopment. Experts suggest that this could lead to a transformative mixed-use project.
B.C. minimum wage rises to $18.25 on June 1. For local businesses and households, the bigger story is the gap between wages, living costs and the price increases customers may see later this year.
The Vancouver International Film Festival is hiring summer roles ahead of its October festival, adding another sign of seasonal employment and cultural activity in the city.
Capstan Station recorded 589,000 boardings in 2025, ranking near the bottom of the SkyTrain network. The nearby village is still building out, with thousands of homes and new hotels expected later this decade.
Drivers in Metro Vancouver can expect a decrease in gas prices by six cents per litre starting Friday, providing some relief at the pumps. This change follows recent volatility in global oil markets.
Ottawa will put $84.4 million toward the Cambie Street Bridge seismic upgrade, with TransLink adding $37 million to a project expected to cost at least $218 million. For real estate clients, the story is about downtown access, emergency resilience, and the next round of False Creek infrastructure decisions.
Recent discussions among legal experts have clarified that private property ownership in British Columbia is not threatened by the Cowichan decision. The consensus is that fee simple ownership will coexist with Aboriginal title.
The Hyack Multicultural Parade and Festival returns to New Westminster on May 23, bringing free family activities, food trucks and several road closures around Uptown New West.
Vancouver is contemplating revisions to its multiplex policy, initially adopted three years ago, in response to community feedback regarding building scale and neighborhood fit. The proposed changes aim to balance housing delivery with local concerns.
BC Hydro has launched Power Smart 2.0, a significant initiative designed to lower energy bills and enhance energy efficiency for British Columbians. This program is set to be the largest energy conservation effort in the province's history.
