Up to 2,600 new housing units planned for the Heather Lands in Vancouver will be sold at 60 per cent of market value, according to a joint announcement by the province, the city and the Musqueam, Squamish and Tsleil-Waututh First Nations. The 8.5-hectare parcel of land in question is located on Heather Street between West 33rd … Read more
A new report by Statistics Canada shows the country’s total number of short-term rental listings increased by more than 60 per cent between 2017 and 2023, while the number of short-term rental units that could be used as long-term housing grew by more than 80 per cent. The report identified more than 100,000 short-term rentals that … Read more
The 30-year amortized mortgages announced in the 2024 federal budget are kicking in on Thursday. First-time homebuyers who are purchasing newly built homes can now qualify for a 30-year mortgage, giving them five additional years to pay off an insured mortgage. For other mortgages where default insurance is required, a 25-year amortization limit is still … Read more
Canada’s justice minister says he’s looking at options for increasing the penalties for car theft, after the federal government convened a national summit on the issue. In an interview that aired Sunday on Rosemary Barton Live, Virani said solving the problem of rising car thefts was a priority for the government. “One of the principal aspects of the … Read more
Improved financial performance at Vancouver-based retailer Aritzia sent the company’s stock soaring on Thursday morning by more than 20 per cent, though some experts warn the company isn’t out of the woods after a challenging year saw the company’s red-hot hype start to simmer down. The clothing chain announced its latest quarterly earnings on Wednesday after … Read more
The National Education Society for Tribal Students (NESTS) has released the answer key for Eklavya Model Residential Schools (EMRS) recruitment exam for 10,391 teaching and non-teaching posts of TGT, PGT and Lab Attendants, Principal, Hostel Warden and JSA.Candidates who had appeared for the exam held on December 16 & 17, and December 23 & 24, … Read more
With a major deadline to repay a pandemic era loan on the horizon, Rod Castro says he feels like he’s performing a “juggling act” while trying to figure out the best way forward. “I haven’t written myself a paycheck or cashed a paycheck in about three months,” he told CBC News. “Right now, all we’re doing … Read more
Manthan International School, part of the International Schools Partnership (ISP) group, a global family of 77 schools across 21 countries recently organized its Annual Day, Pratibimb (for Junior KG to Grade 3 students) and Rangmanthan (Grades 4-12) recently. The event was attended by over 5000+ people including families of the learners and the entire … Read more
A report from Statistics Canada says that the ratio of Canadian household debt to income narrowed in the third quarter. The agency says household credit market debt as a proportion of household disposable income in the third quarter fell to 181.6 per cent, on a seasonally adjusted basis, down from 181.9 per cent in the … Read more
Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she had been at the forefront of the Airbnb revolution for seven years, acting as a “liaison” for homeowners needing help with the logistics of running a listing on the accommodation site. At the peak of … Read more
