Western Canada Business and Real Estate News - Western Investor
WEBRob Shaw: Health cuts, drug dens and tolls. How false claims lead B.C. election campaign
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WEBSep 20, 2024 · Retail sales edged up in July, but economists say it will take further interest rate cuts to really spark lasting activity. Statistics Canada said Friday that retail sales rose 0.9 per cent to $66.4 billion in July, helped by stronger new car sales.
Real Estate and Business News - Western Investor
WEBInformation 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
Metro Van home sales dip as buyers remain cautious, says realtors ...
WEB3 days ago · Metro Vancouver home sales declined by 3.8 per cent in September 2024 compared to September 2023, suggesting that recent interest rate reductions are having a limited effect on demand so far. The Bank of Canada cut its key interest rate to 4.25 per cent on Sept. 4, its third consecutive quarter ...
Vancouver Island projects point to the region’s growth, appeal
WEBMar 11, 2024 · A host of major projects are underscoring interest in Vancouver Island as building costs stabilize and a new development cycle gets underway. With three major projects totalling more than 1,600 acres, Seacliff Properties Ltd. exemplifies the Lower Mainland developers that are finding opportunities on the Island.
British Columbia Business News - Western Investor
WEBSep 27, 2024 · B.C. Insider: Housing emerges as top priority for leaders in provincial election campaign
Vancouver - National Business News - Western Investor
WEBNational Business News - updated daily at Western Investor. TORONTO — Canada's main stock index closed above 24,000 for the first time Thursday as strength in base metals and other sectors outweighed losses in energy, while U.S. markets also rose and the S&P 500 notched another record as well.
Real Estate - Western Investor
WEBThe Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely "stuck in a holding pattern" despite borrowing costs beginning to come down. The price cap for insured mortgages will be boosted for the first time since 2012 ...
Real estate lenders await certainty as borrowers seek cash
WEBNov 17, 2023 · Alternative lenders, alternative assets in favour in tight times. Commercial mortgages in Canada have seen interest rates rise significantly since early 2022, an issue a NAIOP Vancouver panel addressed on Nov. 16.
Finance News - Western Investor
WEBJan 24, 2024 · TORONTO — A survey by KPMG in Canada says business leaders want Ottawa to fast-track all outstanding "green" or "clean" economy business investment tax credits.