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Economy, Law & Politics

Housing gap steady as lower incomes expected to offset construction slowdown: CMHC

TORONTO — Canada will be short about 3.5 million homes by the end of the decade compared with what's needed to restore affordability, Canada Mortgage and Housing Corp. said Wednesday.
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Vancouver-based Spring Activator acquires Future Capital for bigger investment impact

Vancouver-based Spring Activator acquires Future Capital for bigger investment impact

The deal expects to deliver more support for diverse investors and underrepresented founders who are focused on social-impact ventures
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Okanagan records driest-ever soil moisture as drought worsens

Okanagan records driest-ever soil moisture as drought worsens

Federal agency has declared 'exceptional drought' conditions
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Major holes in dike oversight left communities vulnerable before November 2021 disasters: report

Major holes in dike oversight left communities vulnerable before November 2021 disasters: report

Research by CCPA-BC offers insight into how the province oversees and inspects dikes in B.C. in the wake of devastating flooding in 2021
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Rob Shaw: Eby's outrage trumps Falcon's caution in response to Chinatown stabbings

Rob Shaw: Eby's outrage trumps Falcon's caution in response to Chinatown stabbings

The BC United leader was cautious, the premier was 'white-hot angry'
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Statistics Canada says household debt ratio down in Q2 as income grew

Statistics Canada says household debt ratio down in Q2 as income grew

OTTAWA — Statistics Canada says the amount Canadians owe relative to how much they earn fell in the second quarter as disposable income comfortably outpaced the growth in debt and demand for mortgages fell.
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Canada lags U.S. in support for women-owned businesses

Canada lags U.S. in support for women-owned businesses

Government, large corporations can do more to support business diversity, according to sources
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Data points: B.C. payroll counts climb as SME confidence continues to erode

Data points: B.C. payroll counts climb as SME confidence continues to erode

Central 1 chief economist Bryan Yu's weekly analysis of the latest economic indicators
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B.C. premier doubles down on interest rate halt, expresses 'relief'

B.C. premier doubles down on interest rate halt, expresses 'relief'

B.C.'s premier runs the risk of indirectly influencing the Bank of Canada, or creating the perception of doing so, which can in itself drive inflation, says one economist.
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Coke Canada workers return to work after strike

Coke Canada workers return to work after strike

Shortages of Coca-Cola products were reported across Metro Vancouver
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