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Renting for life? Here's what that means for your financial planning

Renting for life? Here's what that means for your financial planning

Renting your home for life doesn't have to spell financial sacrifice; it simply means directing your money elsewhere. Young people in today’s housing market can feel particularly hopeless, said Shelley Smith, an investment advisor at TD Wealth.
Relief on the way for South Okanagan’s tight industrial market

Relief on the way for South Okanagan’s tight industrial market

Zero lease options in market dominated by owner-occupiers
Three more Burnaby rental housing projects granted B.C. funding

Three more Burnaby rental housing projects granted B.C. funding

A combined 232 units have been approved for provincial cash that'll provide housing options for Indigenous and low-income families, as well as seniors, in Burnaby.
Two more towers up to 80 storeys tall, more rental housing could be coming to Burnaby’s Brentwood

Two more towers up to 80 storeys tall, more rental housing could be coming to Burnaby’s Brentwood

The city wants public feedback on proposed changes to the Brentwood Town Centre development plan.
Housing starts stable in 2023, but demand still outpaces growing supply of apartments

Housing starts stable in 2023, but demand still outpaces growing supply of apartments

Despite housing starts in Canada's six largest citieshovering at near all-time highs last year, experts warn those levels are still not enough to address the country's housing shortage in the years to come. The Canada Mortgage and Housing Corp.
Intracorp inks largest-ever financing deal with Grosvenor

Intracorp inks largest-ever financing deal with Grosvenor

Deal underscores the complexities of funding large-scale projects
B.C. Airbnb hosts generated $93M in taxes in 2023, claims Airbnb

B.C. Airbnb hosts generated $93M in taxes in 2023, claims Airbnb

The rental platform says new short-term rental restrictions could have negative implications on tax revenue.
B.C. real estate agent fined $55K, loses licence after assignment misconduct

B.C. real estate agent fined $55K, loses licence after assignment misconduct

Gina Takhar voluntarily surrendered her license in August 2020 but BCFSA pursued cancellation of the licence, plus a penalty.
Builders fined for more falling construction debris at major Burnaby development

Builders fined for more falling construction debris at major Burnaby development

WorkSafeBC has fined CapWest Forming Ltd. and A. Carrillo & Bros Concrete Ltd. for a shoring post and two pieces of plywood that fell from the 62nd level of tower 2 at the Gilmore Place development in Brentwood.
Vancouver top city in Canada for commercial real estate investment, says report

Vancouver top city in Canada for commercial real estate investment, says report

While sentiments towards investment are rosy, the dollar volume of transactions fell by nearly half in 2023