Western Canada Business and Real Estate News - Western Investor
WEBAlberta. Lethbridge market booming as investment gains pace. 12 days ago. Western Canada self-storage space surges on personal, business demand. 14 days ago. Deals go up in smoke as Jasper faces insured losses of $700 million. 19 days ago. Baseline emerging for land prices as new normal takes hold. 21 days 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.
Report reveals surge in renovation spending among homeowners
WEB2 days ago · The report said renovation spending has helped result in higher values for detached homes, which increased by 37.9 per cent in Metro Vancouver from $1,423,500 in December 2019 to $1,964,400 in December 2023. Hill said it’s too soon to tell what impact the B.C. government’s new zoning changes will have on future renovation spending.
Vancouver - National Business News - Western Investor
WEBNational Business News - updated daily at Western Investor. TORONTO — Canada's main stock index closed above 24,000 for the first time Thursday as strength in base metals and other sectors outweighed losses in energy, while U.S. markets also rose and the S&P 500 notched another record as well.
British Columbia Business News - Western Investor
WEBSep 19, 2024 · West Fraser indefinitely curtails Lake Butler, Fla., sawmill. VANCOUVER — West Fraser Timber Co. Ltd. says it's indefinitely curtailing its sawmill in Lake Butler, Fla., by the end of the month. The Vancouver-based company says the decision is because of high fibre costs and soft lumber markets. Sep 19, 2024 2:34 PMRead more >.
Where to Invest - Western Investor
WEBBe the first at Innovation District. Located in the middle of Penticton, the development will feature over 1,500 homes, restaurants, cafes, medical services and clinics, offices, childcare and more. Jun 14, 2024 8:00 AM Read more >.
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 ...
Alberta Business News - Western Investor
WEBAug 23, 2024 · Years of drought in Alberta and B.C. pushing freshwater supply into uncharted territory. As Western Canada enters a third year of drought, the security of its freshwater supply is in peril and the systems in place have not adapted to the current challenges. Aug 7, 2024 8:00 PM Read more >.
Finance News - Western Investor
WEBJan 24, 2024 · Don’t look to the BoC to solve Canada’s housing and economic woes, Macklem says. OTTAWA — Bank of Canada governor Tiff Macklem is laying out the limits of monetary policy as he warns the central bank can’t solve problems such as housing affordability with interest rates. Feb 6, 2024 12:47 PM 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 >.