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  1. Massive Westport Village Project May go Ahead After 18-year Delay

    On July 25, 2023, 18 years after it was first suggested, Port Moody city council will consider fourth reading of amendments to the city's zoning and official community plan bylaws that would allow a massive mixed-use development by Andrew Peller Ltd. to proceed.

    The approval would include development permits for construction of the first of its two phases.

    The Westport Village project would dramatically change Port Moody's western gateway by transforming the five-acre Andrés Wine industrial property at the corner of Clarke Street and the Barnet Highway into a mixed-use urban neighbourhood.
    By Mario Barnet
    24-07-2023

  2. Vancouver council approves developer's request to defer $10 million payment

    City staff had recommended approving the request from Anthem Properties to alter the schedule for the developer’s community amenity contributions, which was agreed upon when the city’s previous council approved the rezoning in 2021 for a 127-unit, 33-storey luxury downtown condo tower.

    By Dan Fumano
    13-06-2023

  3. A set of guidelines that protect Canadians who are facing “exceptional circumstances” related to meeting their mortgage payments

    The announcement contained protections for mortgage holders and updates on the tax-free first-home savings account
    By Fergal McAlinden
    30-03-2023

  4. Fed reiterate its commitment to, among other things, improving housing access and affordability across Canada

    Economist describes "divisive" budget as "an assault on relatively wealthy folks"
    By Ephraim Vecina
    30-03-2023

  5. Housing construction in B.C. needs to increase 25% above its historical average level over the next five years | BCREA

    The next half-decade will be a crucial period for the province's housing supply
    By Ephraim Vecina
    29-03-2023

  6. Average home price below national in 14-out-of-20 regional housing markets

     In a release on Thursday, the real estate brokerage said it analyzed 20 housing regions across Canada and found 14 markets where the average home prices fell by more than $25,000.

     
    By Hilary Punchard
    29-03-2023

  7. Fed housing minister made amendments to regulations on foreign purchases of residential property

    Changes will allow non-Canadians to purchase a residential property in certain circumstances
    By Denise Paglinawan
    29-03-2023

  8. Bank of Canada is keeping an eye on the Silicon Valley Bank crisis and global banking stresses

    Silicon Valley Bank crisis will factor in the central bank's next monetary policy report
    By Stephanie Hughes
    29-03-2023

  9. The federal budget will be closely watch as a key indicator of Canada's economic future

    Despite resilience, headwinds from aggressive rate increases are gathering
    By Miko Pagaduan
    28-03-2023

  10. Lowering price growth so incomes can catch up to prices is integral to improving housing affordability in B.C. | Brendon Ogmundson

    The B.C. Real Estate Association says the province must build 25 per cent more new homes than usual for the next five years to address deteriorating housing affordability.
    By The Canadian Press
    28-03-2023

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