Emma Crawford Hampel

B.C. announces largest max allowable rent increase in a decade for next year

The Province of British Columbia has announced the maximum allowable rent increase for 2019, and it’s the largest rent hike in more than a decade. Next year, landlords can raise rents by a maximum...

Metro Vancouver home sales fall 37% in August: REBGV

Housing demand was down across the region’s housing market in August, the Real Estate Board of Greater Vancouver (REBGV) announced September 5, with sales 25.2% below the 10-year average for the...

Bank of Canada holds overnight rate steady at 1.5%

As expected, the Bank of Canada announced September 5 it is holding the overnight interest rate steady at 1.5%, where it has sat since July 11, as trade uncertainties loom just as NAFTA negotiations...

Feds, province announce $3 billion in funding for Broadway subway, Surrey LRT

Prime Minister Justin Trudeau was in Surrey today (September 4) to announce, along with Premier John Horgan, that the federal government and the province will fund the Vancouver Broadway subway...

Canadian economic growth rebounds in Q2

Gross domestic product was flat in June, but overall growth in 2018’s second quarter came in at an annualized rate of 2.9%, slightly beating the 2.8% forecast by the Bank of Canada in its last...

UPDATED: U.S. overturns Canadian newsprint duties

The U.S. International Trade Commission (USITC) announced August 29 it is overturning duties imposed on Canadian newsprint producers earlier this year by the U.S. Department of Commerce, saying...

‘Seafood fraud’ rampant across Canada: report

Oceana Canada, a not-for-profit ocean conservation organization, is calling on the Canadian Food Inspection Agency (CFIA) to implement “boat-to-plate” traceability to prevent mislabeling of seafood...

Most Metro Vancouverites believe home prices won’t drop: Angus Reid

Metro Vancouver was rated one of the highest real estate bubble risks in the world by global financial services company UBS Switzerland last year, but most Metro residents say they don’t think prices...

B.C. has country’s biggest drop in retail sales in June: StatsCan

British Columbia's retail sales fell 1.8% in June to $3.3 billion, which is a decrease of $72 million compared with the previous month, according to Statistics Canada data released August 22. This...

B.C. economic growth to slow over next four years: Central 1

British Columbia has seen annual economic growth of more than 3.5% over the past four years, but this is expected to slow down and remain slower until at least 2021, according to a Central 1 economic...