Business - Page 217

Canada’s inflation rate falls to 2.5%, paving way for another interest rate cut

OTTAWA — Canada’s annual inflation rate fell to 2.5 per cent last month, matching economists' forecasts and solidifying expectations for a third consecutive interest...

Developers opt for rental projects over condos in Kelowna

For years, the development market in Kelowna was heavily skewed to the for-sale condo market. As the rental vacancy rate dropped dangerously close to...

Rob Shaw: Will Rustad’s appearance on Jordan Peterson’s podcast boost or backfire?

As the BC Conservatives wrestle with yet more candidate problems, leader John Rustad is himself stirring the pot with an appearance on the podcast...

Metro Vancouver office vacancy rates increase amid development slowdown

Metro Vancouver's office vacancy rate continues to climb, but a development drought suggests this trend will level off. The vacancy rate rose to 10.4...

Tenant advocate decries ruling that let B.C. landlord hike rent 27% after rates rose

VANCOUVER — Lawyer Rob Patterson says the phones at B.C.'s Tenant Resource and Advisory Centre never stop ringing — but he worries a decision...

Court appoints receiver at Yukon mine after cyanide-contaminated ore slide: minister

WHITEHORSE — A judge has granted an order appointing a receiver to take control of assets at a gold mine closed after a massive...

B.C. landlord can increase rent 23.5% because of variable mortgage: arbitrator

A potentially precedent-setting ruling from the Residential Tenancy Branch has prompted B.C. Minister of Housing Ravi Kahlon to review regulations for special rent increase...

Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates

WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike...

Trade minister criticizes higher U.S. softwood lumber duties as unfair, unwarranted

WASHINGTON — Canada's international trade minister is criticizing the U.S. Department of Commerce for nearly doubling duties on softwood lumber, saying the move is...

U.S. to double softwood lumber duties

American softwood lumber duties, which have already cost Canadian companies $10 billion, are going to double, following a ruling today by the U.S. Department...

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