Terrace real estate feeling the pinch of low vacancies
If you're trying to find an apartment to rent in Terrace, you know by now that it's a hard task-- more so than anywhere else in BC.
That's because a report released last month by the Canadian Mortgage and Housing Corporation shows that Terrace's vacancy rate was sitting at zero percent.
BC's multibillion dollar path to an energy powerhouse
Rejean Tetrault is happy to be warming up in `the doghouse.`
It`s minus 25 C, but the operations manager for Shell Canada Ltd. is shielded inside a steel shed on a barren stretch of northeastern British Columbia. Other Shell employees and contractors, wearing ski masks under their hard hats, take their positions in the control room and on the drilling floor.
Rejean Tetrault is happy to be warming up in "the doghouse."
It's minus 25 C, but the operations manager for Shell Canada Ltd. is shielded inside a steel shed on a barren stretch of northeastern British Columbia. Other Shell employees and contractors, wearing ski masks under their hard hats, take their positions in the control room and on the drilling floor.
BC wages set to surge from LNG boom - and inflation may not be far behind
Canada`s currency has been banged up, showing its dents now at 90 cents to the U.S. dollar. Noteworthy domestic reasons for the dollar`s retreat include a lack of giddy-up (gross domestic product) and limp inflation numbers. But these are not universal themes across Canada. For one thing, worker wages in British Columbia are showing signs of inflating quite rapidly.
Brentwood mall redevelopment to include 10 towers up to 60 stories tall
The redevelopment`s conceptual master plan was approved by Burnaby City Council in September 2013 and will transform the mall site into a dense, highly active and animated walkable urban neighbourhood and entertainment district.
This project is a major step towards the City`s long-term vision of creating a town centre around Brentwood Town Centre Station, very much like the development and mega-sized mall that has sprung around Metrotown Station. Burnaby has implemented transit-oriented policies, taking full advantage of the SkyTrain routes to cross the city ` to ensure much of its population and job growth is sustainable.
Vancouver real estate shows thriving luxury market
The luxury home market powered ahead in Vancouver last year, fuelled in part by redevelopment of teardowns by builders in prime, or upcoming neighbourhoods, according to a new study by RE/MAX looking at upper-end real estate trends across Canada.
Kitimat smelter operator to house temporary workers on cruise ship
A luxurious cruise ferry that boasts a sailor`s pub, casino and dance floor is on its way from the Baltic Sea to Kitimat, on B.C.`s north coast, where it will help relieve a growing housing crisis.
Joanne Monaghan, mayor of the booming resource town, said she`s looking forward to seeing the gleaming, 11-deck ship tied up in a working port that is more commonly used by bulk freighters and barges.
Metro Vancouver house prices will increase by an average of 4.4 per cent this year to $801,000, according to the latest Royal LePage house price survey.
But Vancouver real estate experts suggested Thursday the forecast might be slightly optimistic.
