Toronto and Vancouver residents must make at least $40 per hour working a full-time job if they hope to reasonably afford a two-bedroom apartment within the city, suggests a new report by an Ottawa-based think tank. The Canadian Centre for Policy Alternatives (CCPA) published a report on July 18 studying the gap between Canada’s minimum wage…
Toronto, Vancouver Residents Must Make at Least $40 per Hour to Reasonably Afford 2-Bedroom Apartment, Report Suggests
Airbnb Wins Vancouver Privacy Ruling, as Court Quashes Order to Release Host Data
Vancouver housing activist Rohana Rezel has had a beef with Airbnb and the City of Vancouver for years, and a B.C. Supreme Court ruling this week means there’s no end in sight. Rezel had made Freedom of Information requests to the city in 2019, seeking information about the hosts of short-term rentals. But the city and…
Vancouver Home Prices Ticking up as Supply Remains Under Pressure: Real Estate Board
The Real Estate Board of Greater Vancouver says last month’s home prices ticked up from May as prospective homebuyers faced a dearth of supply in the region. The board says the composite benchmark sat at more than $1.2 million last month, down 2.4 percent from June 2022 but up 1.3 percent from May. Sales in…
BC Strike Affects Many Across the Country
For prairie farmers like Bill Prybylski, the strike at ports in B.C. is frustrating. While the strike, which entered its fourth day Tuesday, is not expected to affect bulk shipments of grains—like loading up a freighter with wheat—it will still affect a variety of other agricultural products, such as specialty crops like mustard and peas…
CBRE Report Says Office Vacancy Rate in Q2 Rose to Highest Level Since 1994
The national office vacancy rate in Canada climbed in the second quarter to its highest level since 1994, according to a report by commercial real estate firm CBRE. The firm said Tuesday that the national office vacancy rate rose to 18.1 percent in the second quarter, up from 17.8 percent in the first quarter. It…
BC Port Strike Enters 4th Day As Talks Stall Between Union and Employers
July 4, 2023
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Talks have stalled between the union representing thousands of B.C. port workers who began striking over the Canada Day long weekend and the group representing their employers, with both sides calling each other unreasonable in their negotiations. The stall sends the strike into its fourth day after port workers initially walked off the job on July…
Vancouver Family Who Lost Son to Fentanyl Donates $20 Million to Recovery Centre
A Vancouver family known for its philanthropy is making a $20 million donation to a British Columbia substance use treatment centre in memory of their adult son and brother who died of an opioid overdose. Jill Diamond, executive director of Vancouver’s Diamond Foundation and sister to Steven Diamond, said in a statement that her brother…
David Krayden: Cancelling Canada Day Is the Latest Form of Cultural Dictatorship From Unelected Elites
Commentary The city of Calgary has reversed its decision to cancel the July 1 fireworks and effectively dismiss Canada Day with it. Port of Vancouver has not retreated from its position of terminating the fireworks. In both cases, the decisions to cancel were made not by elected officials but unelected bureaucrats who decided Canada Day had…
Lululemon Promises 2,600 New Jobs After Exemption From Some Immigration Rules
Vancouver-based company Lululemon says it will expand its headquarters in the city and create 2,600 jobs over the next five years. The announcement comes months after the federal government granted the company the ability to hire foreign workers for certain highly skilled positions, including management jobs, software engineers and computer technicians, without needing to apply…
Calgary Reverses Decision to Cancel Fireworks Display on Canada Day
The City of Calgary has announced it will be adding a fireworks display to its Canada Day celebrations, a week after claiming it would replace them with a pyrotechnic show. “We have heard from many Calgarians as well as members of city council that while the pilot program is valued, they would also appreciate an…
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