Business - Page 122

B.C. premier eyes home price declines unlike federal housing minister

B.C. Premier David Eby says his housing policies are intended to result in a decline in home prices — an outcome new federal Housing...

MEC acquired by Canadian investors, including own executives

A group of Canadian investors led by textile executive Tim Gu is acquiring Vancouver's Mountain Equipment Co. (MEC) in a deal MEC announced this afternoon.  No sales...

Housing affordability in Canada unlikely to improve over the next two years: Desjardins report

Homebuying affordability is "unlikely to improve meaningfully" over the next two years, according to a new report from Desjardins. Over the last 25 years, home prices in Canada have ballooned...

B.C. pushes ahead with short-term rental crackdown despite tourism warnings

The province is doubling down on its short-term rental restrictions, despite a recent suggestion by the premier that those regulations could be relaxed. New...

Vancouver police spend $410K on 16 barriers to prevent future vehicle attacks

The Vancouver Police Department (VPD) had experimented with the use of mobile vehicle barriers in February at the Lunar New Year Chinatown parade and...

Commercial real estate investment slows as expert questions future of asset class

The future of commercial real estate is being debated as CRE investment slows in Canada. Investment sales volume has declined, going from $12.3 billion...

Canadian Tire a good fit for Hudson’s Bay but will need to exercise caution: experts

TORONTO — Retail experts say Canadian Tire will be a good home for Hudson's Bay and its brands but the company will need to...

Rob Shaw: B.C. won’t put police in hospitals, despite violence and attacks

A man wielding a knife chased a group of nurses down a hallway at Burnaby General Hospital last week, part of a disturbing trend...

Two of the biggest cable providers in the US are pursuing a merger

The cable industry has been under assault for years from streaming services like Disney, Netflix, and HBO Max, as well as internet plans offered...

Portland’s iconic buildings up for sale amid post-pandemic downtown office vacancies

The U.S. Bancorp Tower and PacWest building are both for sale, as office space vacancy in downtown Portland continues to rise. PORTLAND, Oregon...

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