Western Canada Business and Real Estate News - Western Investor
WEBWestern Investor covers the latest news and trends in business, real estate, finance, and opinion in British Columbia, Alberta, Saskatchewan, and Manitoba. Find stories on housing affordability, trade, technology, self-storage, and more.
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.
Housing growth at all costs? B.C. needs smarter solutions
WEB17 hours ago · Housing expansion is of vital importance, but so is regional livability. These are two sides of the same coin. At the outset of the upcoming election, it’s vital that the players above develop new processes to work more collectively and aim to achieve sustainable, well-planned regional growth in Metro Vancouver and around the province.
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 ...
Federal Reserve cuts key rate by sizable half-point, signaling end …
WEB1 day ago · WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers.. The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has ...
Where to Invest - Western Investor
WEBMar 1, 2024 · Be 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 >.
Are there deals for Vancouver luxury homes as prices drop?
WEB22 hours ago · The Royal LePage report defines luxury properties in Vancouver as those with prices of at least $5.5 million. Properties that have sold over this threshold in Vancouver this year had a median price of $6,975,000 with an average of 5.2 bedrooms and six bathrooms. Cook expects prices to remain firm …
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 >.
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 >.
Welcome to Western Investing 2020 - Western Investor
WEBJun 24, 2020 · Welcome to the fourth annual edition of Western Investing, the definitive guide to investing in commercial real estate across Western Canada.. The annual Western Investing magazine print and digital edition were prepared and published prior to the outbreak of the global COVID-19 pandemic – and reading it is a lesson in how a promising year was derailed due to the virus crisis.