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British Columbia

Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

OTTAWA — The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew at an annualized rate of one per cent in the third quarter.
Calgary hotels to lead West in revenue growth next year

Calgary hotels to lead West in revenue growth next year

Margins remain tight as wages rise even as other costs fall
What you need to know before helping your child with a home down payment

What you need to know before helping your child with a home down payment

OTTAWA — With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers.
The loonie is trading at lows not seen in years. Here's what it means for Canadians

The loonie is trading at lows not seen in years. Here's what it means for Canadians

The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices weigh. Here's what you need to know.
More infrastructure investment needed in B.C., says construction association

More infrastructure investment needed in B.C., says construction association

High cost of materials and labour contributing to unaffordability, says BCCA
Loblaw, Empire call for end to property controls amid Competition Bureau probe

Loblaw, Empire call for end to property controls amid Competition Bureau probe

Loblaw says it wants to eliminate commercial property controls in the grocery industry, amid a Competition Bureau investigation into the practice — and it's calling on other grocers to do the same.
Tory MPs backed communities seeking Liberal housing fund Poilievre vows to cut

Tory MPs backed communities seeking Liberal housing fund Poilievre vows to cut

OTTAWA — A number of Conservative MPs have written letters to the Liberal housing minister asking him to grant their communities funding from a program that Conservative Leader Pierre Poilievre this week called disastrous and promised to cancel.
Property management firm must pay evicted West Van tenants $140K

Property management firm must pay evicted West Van tenants $140K

The company argued the homeowner should be held liable, but the judge disagreed
Bryan Yu: B.C. inflation hits three-year low as gas prices drop

Bryan Yu: B.C. inflation hits three-year low as gas prices drop

Gas price drops lead inflation slowdown, though shelter costs remain a challenge
$300-million proposal for Mayfair Lanes site wins Saanich council backing

$300-million proposal for Mayfair Lanes site wins Saanich council backing

The development will feature three towers ranging from 21 to 24 storeys, 555 rental residential units, commercial space and a Real Canadian Superstore outlet