Western Canada Business and Real Estate News - Western Investor
WEBabout 2 hours ago. National housing market in 'holding pattern' as buyers patient for lower rates: CREA. about 5 hours ago. Liberals announce expansion to mortgage eligibility, draft rights for renters, buyers. about 6 hours ago. Surrey eyes streamlining, while Delta frustrated projects not built. about 9 hours ago.
Top Stories - Western Investor
WEBAug 29, 2024 · EVs cheaper to run but costs must come down to drive sales up fast enough: PBO. OTTAWA — It is already more cost effective over the long term to buy an electric vehicle than a gas-powered model, but the savings must get substantially higher if Canada is to meet its EV sales targets, the parliamentary budget office concluded in a.
Stock market today: Wall Street hangs near its all-time highs
WEB1 day ago · NEW YORK (AP) — U.S. stock indexes are hanging near their all-time highs in quiet trading. The S&P 500 was up 0.1% in early trading Monday. The flag of Argentina flies on the front of the New York Stock Exchange where Argentine President Javier Milei will ring the opening bell on Monday, Sept. 23, 2024, in New York. (AP Photo/Peter Morgan)
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 ...
British Columbia Business News - Western Investor
WEB5 days ago · Rent increases in smaller markets outweigh declines in big cities in August: report. TORONTO — A new report says August rental rates fell in some of Canada's largest and priciest markets to continue a months-long trend, while prices rose in smaller markets. The report from Rentals. about 18 hours ago Read more >.
July retail sales 'positive surprise' but need more rate cuts to ...
WEB4 days ago · 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
WEBHundreds of illegal short-term rentals in Victoria still operating: B.C. Ministry of Housing. Information 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. Jul 31, 2024 11:51 AM Read more >.
Saskatchewan-Manitoba News - Western Investor
WEBJul 29, 2024 · Private capital investment is projected to reach $14.2 billion in 2024, an increase of 14.4 per cent over 2023. May 15, 2024 3:16 PM Read more >.
Vancouver - National Business News - Western Investor
WEBVANCOUVER — Teck Resources Ltd. says it's taking on a new business structure as it shifts to a pure-play energy transition metals company. The company says it now has two regional business units, one for North America and one for Latin America.
Top western towns for real estate investors 2021-22
WEBNov 3, 2021 · An unnamed Vancouver investor paid $3.27 million for a 0.58-acre Kelowna site with potential for 45-units of residential listed by Macdonald Realty, Kelowna. That pencils to $5.45 million an acre or $128 per square foot, which is getting close to values in the Lower Mainland.