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Real Estate

Developers hit pause as office conversions prove costly

Developers hit pause as office conversions prove costly

Calgary pauses program as developers hold off on construction - but the entire conversion-to-residential is likely a no-go in Vancouver
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High rates, regulations have some rethinking short-term rental ownership: experts

High rates, regulations have some rethinking short-term rental ownership: experts

Higher interest rates combined with stricter regulations have some Canadians beginning to second-guess the wisdom of investing in a short-term rental property.
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Prices hold steady as recreational real estate sales slow

Prices hold steady as recreational real estate sales slow

Foreign-buyer ban, new short-term rental regulations and high interest rates slash B.C. vacation property sales by up to 50 per cent
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B.C.'s Photonic raises US$100M, strikes deal with Microsoft

B.C.'s Photonic raises US$100M, strikes deal with Microsoft

Photonic and Microsoft to collaborate on 'scalable quantum infrastructure'
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Vancouver developer Westbank denies ‘malicious rumours’ of financial trouble

Vancouver developer Westbank denies ‘malicious rumours’ of financial trouble

The company, which has helped build some of the city’s most notable projects, is facing lawsuits in Ontario.
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Facing the ‘F’ word in Vancouver’s housing market

Facing the ‘F’ word in Vancouver’s housing market

Foreclosures had been kept at bay by bargain hunters, but deep price discounts are now exposing a rising risk of defaults across Metro Vancouver
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Vancouver tenant protests speak to absence of regulatory teeth: experts

Vancouver tenant protests speak to absence of regulatory teeth: experts

Cressey Development Group working to remedy tenant issues in weeks following protests, but concerns persist over transparency
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WeWork seeks bankruptcy protection in stunning fall for a company once valued close to $50 billion

WeWork seeks bankruptcy protection in stunning fall for a company once valued close to $50 billion

NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection, a stunning fall for the office-sharing company that once promised to upend the way people went to work around the world.
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Feds promise to build more homes on public land as fall mini-budget looms

Feds promise to build more homes on public land as fall mini-budget looms

OTTAWA — As the federal government faces mounting pressure to address a national housing crisis, it announced on Tuesday that it would allow more than 2,800 homes to be built on six of its surplus properties across Canada.
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Construction leaders in B.C. are championing on-site culture change

Construction leaders in B.C. are championing on-site culture change

Amid an acute labour shortage, industry needs to attract and retain diverse candidates.
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