The Bank of Canada has cut its key rate by 25 bps to 2.25%, citing softer economic conditions and ongoing US trade uncertainty. Inflation is expected to remain near 2% ahead.
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City of Vancouver to Launch Real Estate Development Company
The City is creating a for-profit real estate company to build and manage around 4,000 rental homes across six City-owned sites valued at $412 million.
The move aims to boost rental supply, speed up con...
$7.5M “Floating” Home Lists in Vancouver’s Westside
A remarkable new listing in Vancouver’s Quilchena neighbourhood is attracting attention for its striking design that appears to float above the surrounding forest.
Nicknamed The Canopy House, this $7.495...
Bank of Canada Cuts Rates Amid Slowing Economy
The Bank of Canada has lowered its key policy rate by 25 bps to 2.50%, the first cut since March 2025, as slower economic growth and easing inflation create room for a rate reduction.
Vancouver City Council approves nearly 3,100 new homes in 13 high-rise towers
In a major boost for housing supply, Council has approved 3,097 new homes across 13 towers, including 2,603 secured purpose-built rental units (2,136 market rentals and 466 below-market rentals), along...
Vancouver's Shangri-La Hotel to Become Park Hyatt After Major Renovation
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...
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