Here's the tension the Bank is managing. Oil prices have pushed inflation up to 2.8%. But the economy is soft, GDP barely moved in the first quarter. Raise rates and you slow things down further. Cut rates and you risk feeding inflation. So they're holding, and BMO expects them to keep holding through the end of the year.One thing that stood out to me: when asked if Canada is in a recession, Macklem said...
Here's the latest. 👇The Supreme Court of Canada has declined to hear the Wolastoqey appeal from New Brunswick, leaving in place a decision that Aboriginal title could not be declared over privately owned, fee-simple land in that case.This may shape the broader conversation around the Cowichan case here in B.C. — but it does not automatically settle the issue for us.My view: homeowners deserve clarity,...
Inflation hit 2.4% in March and is expected to climb to ~3% in April, driven by higher gas prices linked to the Middle East conflict. It's forecast to ease back to the 2% target by early 2027.Governor Tiff Macklem signaled that if the economy tracks expectations, any future rate moves will likely be small.Next decision: June 10. What do you think happens next?đź”—...
The distinctive Fifteen Fifteen tower in downtown Vancouver is now rising past the 30th floor, revealing its stacked, cantilevered design. Set to complete in 2027, the 42-storey building is already reshaping the skyline. Bold architecture or too unconventional for Vancouver? đź”—...
The Bank of Canada has cut its key rate by 25 bps to 2.25%, citing softer economic conditions and ongoing US trade uncertainty. Inflation is expected to remain near 2% ahead.More details ⬇️https://www.bankofcanada.ca/2025/10/fad-press-release-2025-10-29/#BankOfCanada #InterestRates...
The City is creating a for-profit real estate company to build and manage around 4,000 rental homes across six City-owned sites valued at $412 million. The move aims to boost rental supply, speed up construction, and generate long-term revenue for public infrastructure. Bold move or risky bet? Vancouver launching its own real estate company to build 4,000 rentals — what’s your take? 🔗 Read...
A remarkable new listing in Vancouver’s Quilchena neighbourhood is attracting attention for its striking design that appears to float above the surrounding forest. Nicknamed The Canopy House, this $7.495 million property features 7 bedrooms, 9 bathrooms, and approximately 4,800 sq ft of living space. Built with cedar, glass, and concrete, the home boasts a vertical layout that rises into the treetops,...
The Bank of Canada has lowered its key policy rate by 25 bps to 2.50%, the first cut since March 2025, as slower economic growth and easing inflation create room for a rate reduction. đź“° Click here for the link #Economy #BankOfCanada #InterestRates #CanadaEconomy...
In a major boost for housing supply, Council has approved 3,097 new homes across 13 towers, including 2,603 secured purpose-built rental units (2,136 market rentals and 466 below-market rentals), along with 383 strata condominiums and 112 social housing units. Seven of the projects fall within the Broadway Plan area—each within walking distance of existing or future SkyTrain stations—highlighting a...
Vancouver’s iconic Shangri-La Hotel is getting a luxury makeover — and a new name. Recently acquired by Brookfield from Westbank and Peterson in a deal estimated at $150M–$200M, the hotel will be rebranded as Park Hyatt Vancouver. This marks Park Hyatt’s exciting return to Canada, with the transformation slated for completion in 2026. Expect 119 redesigned rooms, upgraded public spaces, a refreshed...
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