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British Columbia

Commercial real estate outlook rides forward with industrial strength

Commercial real estate outlook rides forward with industrial strength

Stable fundamentals face ‘giant orange question mark’
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B.C. ringing in new year with home-flipping tax, with income tax rebate on the way

B.C. ringing in new year with home-flipping tax, with income tax rebate on the way

VICTORIA — A maximum 20-per-cent home-flipping tax is among new regulations taking effect in British Columbia as of Jan. 1, with a promised middle-income tax cut arriving in the coming months as well as a spring carbon tax increase.
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Whistler will need close to 6,000 new housing units over next 20 years

Whistler will need close to 6,000 new housing units over next 20 years

Provincially mandated report takes long-term view of Whistler’s housing landscape
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'Tinder of construction' aims to keep B.C. building waste out of landfills

'Tinder of construction' aims to keep B.C. building waste out of landfills

COBBLE HILL, B.C. — Gil Yaron barely contains his excitement when asked to describe his non-profit venture to convince construction companies, developers and renovation contractors to recycle tonnes of building material waste on Vancouver Island.
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Housing market poised for 2025 comeback as lower rates unleash pent-up demand

Housing market poised for 2025 comeback as lower rates unleash pent-up demand

Heading into 2025, economists and real estate agents believe activity is poised to remain strong amid much lower borrowing costs and more favourable rules for buyers, despite an overall challenging affordability picture.
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Metro Vancouver's tiny industrial lands drive $43B economy, finds report

Metro Vancouver's tiny industrial lands drive $43B economy, finds report

Industrial lands represent only 4% of Metro Vancouver land, but create 22% of jobs and produce $8 billion in taxes every year.
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Bank of Canada watching economy closely after half-point rate cut

Bank of Canada watching economy closely after half-point rate cut

OTTAWA — The Bank of Canada's governing council expects its second straight outsized interest rate cut helped it turn a corner in its fight to tame inflation, but it is watching the economy closely amid weaker than expected growth.
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How AI tools are offering clarity in B.C.'s condo market

How AI tools are offering clarity in B.C.'s condo market

Locally developed tech delivers key information about condo buildings in minutes
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New competition rules could expose B.C. landlords, tenants to risk

New competition rules could expose B.C. landlords, tenants to risk

Standard property controls could run afoul of new rules to boost grocery competition.
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Home affordability improves, but still challenging for many Canadians: RBC report

Home affordability improves, but still challenging for many Canadians: RBC report

TORONTO — Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain. The report, released Friday, said home ownership costs in Canada have eased for three consecutive quarters.
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