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Two tolling options being examined for Lower Mainland ...

An independent commission set up to examine whether a driving toll could help reduce traffic gridlock has narrowed down the options that might be workable in the Lower Mainland. Tolling drivers who travel past certain congestion points or charging them based on the distance driven are two of the options the 14-member Mobility Pricing Independent Commission selected for more detailed study in a report released ...

Where are housing prices headed in the new year?

Happy New Year! A new year begins, and as always, Vancouver remains one of the most desirable places on earth to call home. Where are housing prices headed in the next year? If you happen to have access to this crystal ball, please feel free to reach out to me. In the meantime, 3 key areas to watch are: Supply constrained by geography Stricter mortgage ...

5 Places to View Christmas Lights in Vancouver

VanDusen Festival of Lights Arguably the most famous display of Vancouver Christmas lights, the incredibly dense and elaborate Festival of Lights transforms the gorgeous VanDusen Botanical Garden into a winter wonderland. It's not hyperbolic to say that the Festival of Lights goes all out, with festive decor everywhere you turn, from a dancing lights show to candy cane trees, gingerbread walks, and Santa's workshop, ...

5 Holiday Events on the North Shore

There is so much to see and do on Vancouver’s North Shore during the holiday season.  Here are just a few events on and around the North Shore to get you into the holiday spirit! Canyon Lights at Capilano Suspension Bridge Park When: November 24, 2017 to January 28, 2018 Holiday activities from 4-9pm; Park is open from 11am – 9pm daily (except Christmas Day) ...

North Vancouver MLA envisions SkyTrain extension to No...

The BC Liberals’ MLA for North Vancouver-Seymour wants SkyTrain extended to the North Shore and has even a drafted her own vision of what the route could take. “Traffic and transportation are the number one issues in my riding, but you can argue the entire North Shore,” Jane Thornthwaite told Daily Hive. “The only long-term solution is to get people out of their cars, ...

Canada’s banking regulator raises bar for uninsured ...

Canada's banking regulator has modified its controversial new mortgage stress-testing rule, ensuring home buyers will not have an unintended incentive to sign up for shorter-term mortgages. The Office of the Superintendent of Financial Institutions published revised final guidelines Tuesday for its mortgage qualification rule, which requires buyers making down payments of more than 20 per cent of a home's value – who do not ...

Mayor Calls for “Locals First” Condo Presale Polic...

In an attempt to prevent Vancouver condo developments being marketed overseas before local buyers can buy the units, Vancouver Mayor Gregor Robertson is proposing a “locals first” policy, according to a statement from his office released October 6. The Mayor plans to introduce the motion at the next council meeting October 17, with the aim to put a policy in place by the end of the ...

Big banks hike prime rates after Bank of Canada tighte...

In the wake of the Bank of Canada's move Wednesday to boost a key interest rate, Canada's big banks have boosted their prime rates. RBC was first off the mark, followed quickly by the others, raising their prime rates to 3.2 per cent from 2.95 per cent, where they had been since the central bank's last rate increase in July. Canadian consumers can expect to feel some financial ...

BC Day Long Weekend Events

With the BC Day Long Weekend fast approaching, here are the top things to do in and around the North Shore! CATES PARK SUMMER CONCERTS What: The Cates Park Concerts are free outdoor concerts, held each summer at picturesque Cates Park in North Vancouver. This concert series showcases local bands, featuring talented young artists performing on the outdoor stage on Saturdays afternoons in July ...

Capilano University to open 250-bed student residence ...

Capilano University is following the footsteps of larger post-secondary institutions by opening its first student residence later this year, although it will be located off-campus at a nearby location. Last month, the school announced it had signed a renewable five-year lease for a former 6.5-acre international boarding school campus, built in the late-1980s, at 2420 Dollarton Highway owned by North Shore developer Darwin Properties. ...

How to Maintain the Value of Your Biggest Asset

Owning real estate is a privilege, and in doing so, you are committing not only to serving your own personal interest, but potentially that of your family for years to come. A success story is increasingly possible, and for many of us real estate is our single most important asset when it comes to retaining value. When managed well, the rights in land associated ...

How Much Will BoC’s Interest Rate Rise Cost You?

Bank of Canada announces end to seven-year period of historic low interest rates The Bank of Canada (BoC) is raising its overnight rate by 0.25%, or 25 basis points, for the first time in seven years, the BoC announced this morning. This takes the rate from 0.5% to 0.75%. Usually interest rates rise when inflation is above its target rate, but Canada’s inflation has ...