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Real Estate

Digital supercluster drops B.C. partner week of $100K securities fine

Digital supercluster drops B.C. partner week of $100K securities fine

Addy will no longer receive $250K for rental housing case study project
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Feds chip in $250M for Iona sewage plant as taxpayers foot bill for developers

Feds chip in $250M for Iona sewage plant as taxpayers foot bill for developers

Metro Vancouver board chairman Mike Hurley insists the federal government transfer payments for Iona sewage plant is merely a delay of the region's 'growth-pays-for-growth' taxation model
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Potential for B.C. multiplex boom stuck in low gear

Potential for B.C. multiplex boom stuck in low gear

Most B.C. cities have embraced Bill 44, but financial and regulatory hurdles keep large-scale multiplex development out of reach
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Liberals vow to cut GST for first-time homebuyers purchasing homes for $1M or less

Liberals vow to cut GST for first-time homebuyers purchasing homes for $1M or less

OTTAWA — Prime Minister Mark Carney says his government will scrap the GST for first-time homebuyers who purchase a home with a sale price at or below $1 million.
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Poilievre wants 'shovel-ready zones' with pre-approved construction permits

Poilievre wants 'shovel-ready zones' with pre-approved construction permits

OTTAWA — Conservative Leader Pierre Poilievre made his second election campaign-style announcement in as many days Thursday, just as news broke that Prime Minister Mark Carney is widely expected to begin the race on Sunday.
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B.C.'s $9M housing innovation push taps 11 projects

B.C.'s $9M housing innovation push taps 11 projects

One project includes firm recently fined for securities misconduct
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Bonnis seeks quick approval for revamped project above Commodore Ballroom

Bonnis seeks quick approval for revamped project above Commodore Ballroom

New concept is for two towers, 43 and 39 storeys, with 500 rental homes, 100 hotel rooms, five levels of retail, restaurants and entertainment
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B.C. shuts door on secondary-suite incentive program over 'uncertain financial times'

B.C. shuts door on secondary-suite incentive program over 'uncertain financial times'

VICTORIA — The British Columbia government says it is cancelling an incentive program meant to entice more homeowners to build secondary suites, saying the decision is "due to uncertain financial times.
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Victoria firm wins appeal of federal fine for dropping worker’s wage

Victoria firm wins appeal of federal fine for dropping worker’s wage

Northern Tropic Homes Ltd. says it temporarily dropped the man’s hourly wage to $24 from $30 because he had misrepresented his carpentry skills and required considerable training
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B.C. appeals court upholds $6M foreign-homebuyers tax bill on Burnaby property

B.C. appeals court upholds $6M foreign-homebuyers tax bill on Burnaby property

The numbered company that acquired a lowrise apartment building at 5978 Wilson Ave. for $30 million in 2018 has failed for a third time to have a $6-million foreign buyer's tax bill overturned.
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