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Building
Property analysis shows 15 per cent jump in home improvement projects in 2020
More than 106,000 Ontario homeowners obtained residential building permits in 2020, representing a 9 per cent increase from the year before, with permits for home improvements jumping by 15 per cent. The Municipal Property Assessment…
CMHC reports annual pace of housing starts in Canada slowed in June
OTTAWA – Canada Mortgage and Housing Corp. says the annual pace of housing starts slowed in June.The national housing agency says the seasonally adjusted annual rate of housing starts fell 1.5 per cent to 282,070 units in June compared…
CREA reports home sales down 8.4 per cent month over month in June
Home sales across Canada fell for the third consecutive month in June as the market continued to slow from its March highs, but the month still set a record, the Canadian Real Estate Association said Thursday.The association said…
Bank of Canada cuts growth forecast for 2021, reduces bond buying target
OTTAWA – The Bank of Canada says the domestic economy will grow at a slightly slower pace this year than it previously thought and expects the risks from COVID-19 to wane – but not enough to change its trendsetting policy rate.The…
Offices after COVID: Wider hallways, fewer desks
Many companies are making adjustments to their offices to help employees feel safer as they return to in-person work, like improving air circulation systems or moving desks further apart. Others are ditching desks and building more…
Northwest B.C records dramatic real estate boom in first half of 2021
TERRACE STANDARDNorthwest B.C. is witnessing a dramatic real estate boom in the first half of 2021 as the COVID-19 pandemic-induced recession slowly begins to wane across the province.While the number of properties sold in 2021…
Five men now confirmed dead in Kelowna, B.C., crane collapse as body found
KELOWNA, B.C. – The body of a fifth man killed in the collapse of a construction crane in Kelowna, B.C., has been recovered.A statement from the RCMP says the body was found late Tuesday night as members of a specialized urban search…
Multiple fatalities after construction crane collapses in Kelowna, B.C.
KELOWNA, B.C. – The head of a development company building a 25-storey residential tower says there were ``multiple'' fatalities after a crane collapsed in Kelowna, B.C., on Monday.Jonathan Friesen of the Mission Group said he didn't…
Prime Minister announces $1.3B for SkyTrain spur in Surrey and Langley, B.C.
SURREY, B.C. – Prime Minister Justin Trudeau moved his campaign-style sweep Friday to Surrey, B.C., announcing federal government funding of $1.3 billion to extend Metro Vancouver's SkyTrain line.Trudeau made the announcement in Surrey…