British Columbia / Alberta
Industry
Lenders Concerned About Owner Of Richmond Versante Hotel As Sales Process Stalls
Owned and operated by Michael Ching and Sunwins, the Versante Hotel at 8499 Bridgeport Road in Richmond became the subject of a foreclosure in January 2024.
Mar 14, 2025
Real Estate News
How Long Does It Take New Market-Rate Housing To Become Affordable?
Key factors in answering that question include the "filtering" effect of housing as well as construction timelines.
Development Projects
Brivia Group To Pay $55M To Cut Social Housing From 60-Storey CURV In Vancouver
The CURV tower by Brivia Group is set to be one of the tallest towers in Vancouver and the tallest passive housing building in the world.
Industry
Inside Hudson's Bay's "Fully Intertwined" Relationship With RioCan
The Hudson's Bay Company filed for CCAA creditor protection last week and that creditor protection extends to its joint venture with RioCan REIT (TSX: REI.UN) as well.
This Custom-Built Uxbridge Estate Exudes Modern Luxury
Tucked away on one of Uxbridge’s most coveted roads, a custom-built estate is serving a rare fusion of architectural excellence and resort-style luxury.
Other (Canada)
Canada's Population Is Aging, Where Is Everyone Going To Live?
The Government of Canada projects that seniors will account for nearly one quarter of the overall population by 2040.
Economy
Bank Of Canada Slashes Interest Rate To 2.75% As Trade War Develops
This marks the seventh interest rate cut in a row delivered by the Bank of Canada since June 2024.
Office
Rize Alliance Moving On From The Grid Office Project In Vancouver
Local developer Rize Alliance acquired the Tim Hortons at 306 Terminal Avenue in Vancouver in 2007 and was planning a 10-storey office building.
Taxes
Is The Capital Gains Tax Hike Officially “Dead In The Water”?
“I think this trade war probably was the last nail in the coffin to say we cannot push this capital gains inclusion rate forward.”
Renting
Average Canadian Rent Reaches Lowest Point In Over 18 Months
“Apartment completions are currently running at record highs, while at the same time, population growth has slowed and the economy faces heightened risks due to a potential trade war with the US.”
Taxes
US To Double Tariffs On Canadian Steel, Aluminum Imports Effective Wednesday
The US is already imposing a 25% tariff on steel and aluminum, set to go into effect tomorrow, and that could be increased to 50% for Canadian imports.
Burnaby
Bosa Properties Buys 2.7-Acre Best Western, Continuing Investment In Burnaby
Bosa Properties recently acquired the Best Western Plus at 5411 Kingsway in Burnaby, as well as the adjacent parcel at 5367 Kingsway.
Retail
All 96 Hudson's Bay Stores In Canada, The Landlords, And The Mortgages
The Hudson's Bay Company has said it intends to sell some of its stores and leases as part of its restructuring.
Economy
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
As was the case in January, tariffs and trade dynamics are front and centre in the interest rate conversation.
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