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Three in four Canadians say higher immigration is worsening housing crisis: poll

Three in four Canadians say higher immigration is worsening housing crisis: poll

Nearly two-thirds of respondents said the volume of newcomers is also adding pressure to the country's education systems.
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B.C. growth forecast drops to one per cent for 2023, but deficit projection improves

B.C. growth forecast drops to one per cent for 2023, but deficit projection improves

VICTORIA — Global financial pressures and Canada's inflation rate challenges are major contributing factors in a forecast of slower growth for British Columbia's economy. Finance Minister Katrine Conroy said Tuesday that B.C.
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Kelowna-West MLA urges government support for struggling wine industry

Kelowna-West MLA urges government support for struggling wine industry

Recent report indicates a $133M decrease in revenue
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B.C. holiday parties being scaled back this year due to impact of inflation, interest rates

B.C. holiday parties being scaled back this year due to impact of inflation, interest rates

'A lot of people are being very conservative and reflective of how they’re spending money.'
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Why widespread EV adoption in B.C. will take time

Why widespread EV adoption in B.C. will take time

Province's timeline for phasing out selling new gas-powered car could make available vehicles scarce, and hike prices
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Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Meanwhile, economist forecasts no rate cuts coming until mid-2024
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Market conditions could cap Vancouver's growth as a destination for events

Market conditions could cap Vancouver's growth as a destination for events

Inflation, higher travel costs and limited hotel capacity are among the factors influencing corporate event venue supply and demand
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B.C., Canadian travellers stay close to home due to inflationary environment

B.C., Canadian travellers stay close to home due to inflationary environment

Domestic trips exceed pre-pandemic levels while flights overseas and to the U.S. have yet to catch up.
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Trial begins over cancelled Richmond condo presale contracts

Trial begins over cancelled Richmond condo presale contracts

One of the 37 plaintiffs in the breach of contract trial testified Monday she "lost a lot of sleep" after the 2019 cancellation.
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Opinion: The difference between B.C. and Canada’s job markets is jarring

Opinion: The difference between B.C. and Canada’s job markets is jarring

Higher rates are hammering consumer spending, which in turn slows hiring, write two economists
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