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British Columbia

Vancouver leads nation in high-rise development charges, says think tank

Vancouver leads nation in high-rise development charges, says think tank

Development charges create benefits but inequalities too, according to Conference Board of Canada
Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy

Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy

OTTAWA — The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at 2.
Updates to BC Building Code could increase project costs, says developer

Updates to BC Building Code could increase project costs, says developer

New accessibility, earthquake standards now in effect
Rob Shaw: Eby makes surprising pivot on B.C. real estate investors

Rob Shaw: Eby makes surprising pivot on B.C. real estate investors

At a Realtor event, premier hints at new policies to support landlords and developers
New Westminster surpasses its housing targets from the province

New Westminster surpasses its housing targets from the province

New West council votes to ask the province to include infrastructure funding targets with its housing targets to municipalities.
B.C. anticipates solid housing market despite tariffs

B.C. anticipates solid housing market despite tariffs

The Ministry of Finance is forecasting unit sales growth and rising prices in coming years
White House says Trump dropping plan to double steel, aluminum tariffs

White House says Trump dropping plan to double steel, aluminum tariffs

WASHINGTON — After another chaotic day in Canada-U.S. relations, U.S. President Donald Trump dropped his threat to double tariffs on Canadian steel and aluminum imports after Ontario agreed to pause a surcharge on electricity exports.
Vancouver real estate getting a boost from thriving life science industry, says report

Vancouver real estate getting a boost from thriving life science industry, says report

Strong job growth and government funding drive commercial demand, according to Cushman & Wakefield
Slower B.C. real estate sales blamed on U.S. tariff uncertainty, association says

Slower B.C. real estate sales blamed on U.S. tariff uncertainty, association says

VANCOUVER — The British Columbia Real Estate Association says tariff uncertainty has slowed housing activity. A board report says there were 4,947 residential sales in the province last month, down 9.7 per cent from the same time last year.
Vancouver developer decries Canada’s counter-tariffs on construction materials

Vancouver developer decries Canada’s counter-tariffs on construction materials

Exemptions needed to lower construction costs and boost housing supply, says Wesgroup exec