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Bank of Canada expects home sales to pick up with latest rate cut, new mortgage rules

Bank of Canada expects home sales to pick up with latest rate cut, new mortgage rules

The lower rates have helped prospective buyers qualify for a mortgage, while new rules will take effect on Sunday.
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U.S. SEC can't seek account for $3.3M sale of Kitsilano home, B.C. judge rules

U.S. SEC can't seek account for $3.3M sale of Kitsilano home, B.C. judge rules

Facing fraud charges in the U.S., Delta resident Jackson Friesen sold a detached home in Kitsilano before his assets could be frozen in B.C. Supreme Court; since it was determined Friesen committed fraud he says he now needs money to pay for an appeal of a $12-million penalty.
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Wheaton Precious Metals puts out call for mine decarbonization ideas

Wheaton Precious Metals puts out call for mine decarbonization ideas

Vancouver precious metals streaming company promotes decarbonization technology for mining
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Data show B.C. booze sales decline in each of past four quarters

Data show B.C. booze sales decline in each of past four quarters

Thirst for savings: cost-of-living challenges may be one reason B.C. residents are cutting back on alcohol spending
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Metro Vancouver seeks 'media monitor' amid budget woes

Metro Vancouver seeks 'media monitor' amid budget woes

New West city councillor: "When things get really bad and this out of control, the first thing an organization will blame is the people reporting on the story itself."
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Realtor commissions get fresh look amid litigation, B.C. market recovery

Realtor commissions get fresh look amid litigation, B.C. market recovery

Commission structures may appear to be opaque to some buyers and sellers
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Contractor's lawsuit alleges more than $1M in unpaid work on Okanagan development

Contractor's lawsuit alleges more than $1M in unpaid work on Okanagan development

Lawsuit seeks compensation for construction, landscaping, equipment costs
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Labour minister says Ottawa will remain on sideline as postal strike nears four weeks

Labour minister says Ottawa will remain on sideline as postal strike nears four weeks

The federal government has been under pressure from business groups to intervene in the strike, as it has done in recent high-profile labour disputes.
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S&P/TSX composite up more than 150 points, U.S. stock markets mixed

S&P/TSX composite up more than 150 points, U.S. stock markets mixed

TORONTO — Canada's main stock index gained more than 150 points Wednesday after the Bank of Canada cut interest rates, while U.S. stock markets were mixed, led by a 1.8 per cent gain on the Nasdaq after the latest inflation report.
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Banks lower prime rates following Bank of Canada move

Banks lower prime rates following Bank of Canada move

TORONTO — Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada.
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