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Business in Vancouver - May 19, 2025

Business in Vancouver - May 19, 2025

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B.C.'s venture capital sector faces Q1 downturn in deals and investment

B.C.'s venture capital sector faces Q1 downturn in deals and investment

The sector's levels for the first quarter of 2025 were roughly half compared to last year's Q1, but the full impacts of economic uncertainties have yet to unfold, says expert.
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Vancouver council considers three more rental housing towers

Vancouver council considers three more rental housing towers

Proposals for Broadway corridor call for total of 608 homes, with 20 per cent below-market rental.
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B.C. premier eyes home price declines unlike federal housing minister

B.C. premier eyes home price declines unlike federal housing minister

Premier David Eby said provincial government policies have been designed to lower home prices in contrast to vision put forth by new federal Housing Minister Gregor Robertson.
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MEC acquired by Canadian investors, including own executives

MEC acquired by Canadian investors, including own executives

Investors include textile executive Tim Gu and MEC's own executives Peter Hlynsky and Chris Speyer
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Housing affordability in Canada unlikely to improve over the next two years: Desjardins report

Housing affordability in Canada unlikely to improve over the next two years: Desjardins report

It takes 7.5 years to save for a down payment for an average home in B.C.
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B.C. pushes ahead with short-term rental crackdown despite tourism warnings

B.C. pushes ahead with short-term rental crackdown despite tourism warnings

Summer travel surge looms as new rules force Airbnb and Vrbo to delist unregistered units starting next month
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'Trump factor' could cause gas price volatility this summer, analyst says

'Trump factor' could cause gas price volatility this summer, analyst says

CALGARY — The May long weekend is when gasoline prices tend to start levelling off ahead of the high-demand summer driving season.
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Vancouver police spend $410K on 16 barriers to prevent future vehicle attacks

Vancouver police spend $410K on 16 barriers to prevent future vehicle attacks

VPD on Lapu Lapu day tragedy: "The risk assessment of that event was that it was a low-risk family event that traditionally we would probably not have deployed them there."
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Commercial real estate investment slows as expert questions future of asset class

Commercial real estate investment slows as expert questions future of asset class

Investment sales volume in Canada down 31% since 2023, says Altus Group.
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