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Federal government posts $3.6 billion deficit between April and November

Federal government posts $3.6 billion deficit between April and November

OTTAWA — The federal government posted a budgetary deficit of $3.6 billion in the first eight months of the fiscal year. In its monthly fiscal monitor, the finance department says the deficit compares to a deficit of $73.
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A 'housing bottleneck': Immigration targets exacerbate B.C.'s housing crisis

A 'housing bottleneck': Immigration targets exacerbate B.C.'s housing crisis

The province will have to find housing for the 20 per cent of newcomers it absorbs, on top of current needs.
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B.C.’s housing market nears ‘cyclical bottom': RBC

B.C.’s housing market nears ‘cyclical bottom': RBC

Home resale activity is showing signs of stabilizing after dropping to low levels
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Metro Vancouver’s rental vacancy rate drops as demand, prices soar: CMHC

Metro Vancouver’s rental vacancy rate drops as demand, prices soar: CMHC

The rate for purpose-built rentals in the region fell below one per cent last year, while the average asking rent for vacant units jumped 43 per cent year over year
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Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Mortgage and title fraudsters who impersonate homeowners and tenants have targeted at least 32 properties in Ontario and British Columbia, investigators and official warnings suggest.
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Canfor closure of Chetwynd mill 'a kick in the gut'

Canfor closure of Chetwynd mill 'a kick in the gut'

About 200 jobs are expected to be lost as sawmill and pellet operations closed in Chetwynd; close to 300 more with temporary mill closure in Houston
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Pender Ventures raises $100M for second venture fund

Pender Ventures raises $100M for second venture fund

Firm found success investing in B.C. companies Copperleaf and Jane
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Border agencies in Canada, U.S. detail how new Nexus trusted-traveller plan will work

Border agencies in Canada, U.S. detail how new Nexus trusted-traveller plan will work

WASHINGTON — Canada and the United States are laying out the details of their new bilateral workaround for the Nexus trusted-traveller system. The biggest change, to take effect in the spring, will allow U.S.
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Here's what another Bank of Canada rate hike means for Canadians

Here's what another Bank of Canada rate hike means for Canadians

TORONTO — The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent — the highest it's been since 2007.
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YVR seeks public feedback on 2022 holiday travel chaos

YVR seeks public feedback on 2022 holiday travel chaos

Public engagement will take place from now until Feb. 21 in two different phases.
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