Whistler budget proposes 8.18% tax increase
The Pique News Magazine
The Resort Municipality of Whistler (RMOW) has lifted the lid on some numbers from its draft 2024 budget, the most significant of which is a proposed 8.18-per-cent tax increase. Read more…
Village of Pemberton announces its 2023-2026 Strategic Plan
The Pique News Magazine
The plan sets out council’s vision towards sustainable growth, economic development, emergency management and community well-being for the community.
“An immense amount of hard work and careful consideration went into developing a plan that reflects the shared visions and collective goals of our community members,” said Richman in a Nov. 2 release. Read more…
Whistler approves new hostel for Nordic Drive
The Pique News Magazine
The Resort Municipality of Whistler (RMOW) has issued a development permit for a new hostel in Nordic.
Located on Nordic Drive, the budget-friendly, three-storey hostel from proponents and long-time locals Chris Pelz and Angela Perzow has a capacity of 42 single beds and six double beds contained within 22 dormitories, along with plans for a common kitchen and gathering area, sauna, hot tub, laundry and underground parking. Read more…
Five things to watch for in the Canadian business world in the coming week
From The Western Investor
Five things to watch for in the Canadian business world in the coming week. Read more…
Island’s Royal Oak Golf Course sold for $8.5 million
From The Western Investor
The Capital Regional District (CRD) has purchased the former Royal Oak Golf Course adjacent to Elk/Beaver Lake Regional Park in Greater Victoria for $8.5 million. Read more…
B.C. spends big to house homeless in Prince George
From The Western Investor
Prince George has a stubborn homeless problem and the B.C. government is spending big to find housing for “people experiencing homelessness” in the northern B.C. city.
Ravi Kahlon, Minister of Housing, reported November 1, 2023, that the province is spending $16.3 million to purchase an old hostel and a motel that together will provide more than 100 units of supportive housing. Read more…
5 top towns for real estate investors in 2024
From The Western Investor
A year of investing pragmatically and strategically means turning from the flash to the proven in Western Investor’s annual pick of the best places to buy real estate in 2024. Read more…
Rental Protection Fund taps 22 non-profits to secure affordable rental units across B.C.
From The Western Investor
Nearly two dozen non-profit housing providers from across the province have been tapped to receive money through the newly launched Rental Protection Fund.
The 22 non-profits operate or own over 280 buildings with 14,500 affordable units in B.C. Read more…
Real estate listings that caught our eye this week
From The Western Investor
As the November 2023 print edition of Western Investor rolls off the presses and across Western Canada this week, we present some of the paper’s listings that caught out eye. Read more…
Buyers take ‘upper hand’ in some of Canada’s most expensive housing markets
From Global News
Homebuyers are more often getting the “upper hand” — and better prices — on sellers in Canada’s slowing real estate markets, according to a new Royal Bank of Canada report.
The RBC analysis of the October resale market argues higher interest rates have the fall housing market “stuck in a low gear.” Read more…
Are rate hikes over? Market watchers give their forecast to Bank of Canada
From Global News
Market watchers are not expecting any further interest rate hikes from the Bank of Canada in the current tightening cycle, according to a survey released Monday. Read more…
Interest rates could stay higher for longer. What that means for your portfolio
From Global News
A shifting attitude in financial markets that interest rates might stay higher for longer has weighed on returns this year, with investors finding few safe havens between stocks and bonds. Read more…
Financing Options for Commercial Real Estate in Canada
From Remax Blog
Whether you’re buying commercial real estate as part of your investment strategy, want to stop leasing and put down roots, are about to lease, move in or renovate a space – or simply want to refinance the debt on a property you already own – chances are, you’ll be looking to banks or other lenders for financing in the form of a commercial real estate loan. Read more…
Calgary Home Prices Soar
From Remax Blog
Is the Calgary real estate market one of the hottest in the country?
The Albertan city is witnessing booming sales activity, soaring home prices, and new supply hitting the housing industry. This is happening as interest rates climb, inter-provincial migration surges and the Canadian economy slows. Read more…
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