Vancouver’s iconic Shangri-La Hotel is getting a luxury makeover — and a new name. Recently acquired by Brookfield from Westbank and Peterson in a deal estimated at $150M–$200M, the hotel will be rebranded...
Vancouver Explores Property Tax Options for 2026 Budget
Vancouver City Council has directed staff to prepare three potential property tax scenarios for the 2026 operating budget: a 0% increase, 1.5%, or 2.5%, plus an additional 1% dedicated to infrastructure...
🏗️ Could Modular Homes Help Solve Canada’s Housing Crisis?
A new modular housing project in Toronto is offering hope in the fight against homelessness. Built in just eight months, this 25-unit affordable complex now provides safe housing for people who were...
🎯 B.C. homebuying on the line: What are locals sacrificing?
According to a recent TD survey, over 50% of B.C. residents who are prospective homebuyers say they’re cutting back on non-essential spending—everything from dining out and travel to subscriptions and ...
🌲 B.C.’s Economic Independence Runs Through the Northeast 🌲
A great read from @BIVnews highlighting why Northern B.C.—especially the Northeast—is critical to our province’s future.
🔑 Key points:
• The path to B.C.’s economic autonomy depends on responsible development...
🏦 Bank of Canada Holds Rate at 2.75% – What It Means for You
The Bank of Canada is keeping the key interest rate steady at 2.75% for June 2025, reflecting caution amid global trade uncertainty and persistent inflation concerns.
📉 Why it matters:
Interest rates influence...
📉 Is It Now Cheaper to Buy Than Rent in Metro Vancouver?
With interest rates easing, some condos in Metro Vancouver are now cheaper to buy than to rent, according to real estate data firm Zonda Urban.
Just two years ago, buying cost nearly double what renting...
Canada Announces Income Tax Cuts – What Does It Mean for You?
The federal government has unveiled a major income tax cut set to take effect July 1, 2025. The lowest personal income tax rate will drop from 15% to 14%, potentially saving two-income families up to $840...
Vancouver Greenlights Four Permanent Street Plazas by 2026 – Starting with Kamloops-Hastings! 🏙️✨
Exciting changes are coming to Vancouver’s neighborhoods! The city is transforming temporary street plazas into vibrant, permanent spaces, starting with Kamloops-Hastings in Hastings-Sunrise. 🌳🚶♂️
With...
Mapping the Impact: Which Canadian Cities Are Most Exposed to U.S. Tariff Risks?
Exploring the impact of U.S. tariffs on Canadian cities: From Saint John's high exposure to Vancouver's resilience, see which areas are most at risk. Southern Ontario and Alberta face significant challenges,...
Bank of Canada Cuts Rates Amid Trade Uncertainty 📉
The Bank of Canada has lowered its key policy rate by 25 bps to 2.75%, its 7th consecutive cut in nine months, as trade tensions and U.S. tariffs weigh on growth and inflation.
#Economy #BankOfCanada #I...
📉 Rent in Vancouver drops, but it’s still Canada’s most expensive city 💰
Vancouver’s rental prices hit a three-year low, but it remains the priciest place to rent in Canada. A one-bedroom now averages $2,518, with a 5.1% drop year over year. Meanwhile, rents in Toronto and Calgary...
🚨 Surrey is stepping away from Metro 2050! 🚨
In a unanimous vote, Surrey City Council has decided to withdraw from Metro Vancouver’s Regional Growth Strategy, citing concerns over cost, equity, and governance. Mayor Brenda Locke emphasizes that Metro...
🏢 BC Government Moves Forward with Richmond Supportive Housing Project 🏠
After a temporary suspension, the BC Government has decided to proceed with its controversial 90-unit supportive housing project at 3780 Sexsmith Road in Richmond.
Despite public opposition, including protests...
📢Vancouver Housing Debate 🏙️
Is the City of Vancouver competing with private developers in its own housing market? 🤔 With a new project at Burrard & Pacific featuring 1,136 market-rental units in two striking towers, the City...
The 5-Year Canada Bond Yield Drops to July 2022 Levels
The sharp decline in the 5-year Canada bond yield likely signals lower fixed mortgage rates ahead. If you're planning to buy a home or renew your mortgage, now might be the perfect time to reach out to...
Bank of Canada Lowers Rates Again. But What’s Next?
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🏦 Bank of Canada Cuts Key Interest Rate to 3.25% 📉
The Bank of Canada has made its final major move of the year, lowering the key interest rate to 3.25%—a large 50 basis point cut! Good news for variable-rate mortgage holders: expect lower monthly payments!...
15 Wacky Real Estate Facts You Won't Believe!
From haunted houses to Tokyo's teardown trend, the real estate world is full of surprises! Did you know McDonald's is a real estate empire, not just burgers? 🍔🏠 Or that a red front door in Scotland means...
Vancouver's 2025 Budget: Property Tax Hike Ahead?
Vancouver City Council is considering a 5.5% property tax increase for 2025, with rising costs and infrastructure projects driving the budget.
What’s your take on this proposed hike? 🏠
#VancouverBudget...