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Gloomy economic outlook, elevated mortgages drag down 2023 sa¹ú¼Ê´«Ã½ housing market: BCREA

Gloomy economic outlook, elevated mortgages drag down 2023 sa¹ú¼Ê´«Ã½ housing market: BCREA

VANCOUVER — The British Columbia Real Estate Association says the chill across the province's property sector will drag on through this year, but it calls for a strong rebound in 2024.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of sa¹ú¼Ê´«Ã½ Bank of sa¹ú¼Ê´«Ã½ governor Tiff Macklem will give a speech in Quebec City on monetary policy on Tuesday and hold a news conference.
Top business stories of the week (Jan. 30 - Feb.3)

Top business stories of the week (Jan. 30 - Feb.3)

The biggest stories on the Bizwire we've been following this past week
Study charts ‘shocking’ declines in chum salmon

Study charts ‘shocking’ declines in chum salmon

Central coast chum abundance declined 90 per cent since 1960, new study finds
Airlines ask Supreme Court to hear case on passenger bill of rights

Airlines ask Supreme Court to hear case on passenger bill of rights

OTTAWA — A group of airlines is asking the Supreme Court of sa¹ú¼Ê´«Ã½ to hear their case after a lower court largely upheld the validity of sa¹ú¼Ê´«Ã½'s air passenger bill of rights. Air sa¹ú¼Ê´«Ã½ and Porter Airlines Inc.
Investors made up 20 to 30% of homeowners in some provinces: Statistics sa¹ú¼Ê´«Ã½

Investors made up 20 to 30% of homeowners in some provinces: Statistics sa¹ú¼Ê´«Ã½

OTTAWA — New Statistics sa¹ú¼Ê´«Ã½ data shows investors made up almost one third of homeowners in some provinces in 2020. The data agency says investors made up 31.
Global ocean conservation conference in sa¹ú¼Ê´«Ã½ hopes to build on Montreal agreements

Global ocean conservation conference in sa¹ú¼Ê´«Ã½ hopes to build on Montreal agreements

Federal politicians are expected to make a significant announcement on ocean protection during an international conference in Vancouver on how to take action on promises to protect the marine world made at recent global environment meetings.
Freeland touts opportunities of U.S. Inflation Reduction Act at ministers' meeting

Freeland touts opportunities of U.S. Inflation Reduction Act at ministers' meeting

TORONTO — Deputy Prime Minister and Finance Minister Chrystia Freeland is hosting an in-person meeting today with the provincial and territorial finance ministers in Toronto to discuss issues including the transition to a clean economy, challenges in
Taseko in talks regarding potential deal to up stake in Gibraltar copper mine

Taseko in talks regarding potential deal to up stake in Gibraltar copper mine

VANCOUVER — Taseko Mines Ltd. says it is in talks regarding a potential deal to increase its stake in its Gibraltar copper mine in sa¹ú¼Ê´«Ã½ The company says it has been in confidential discussions with Sojitz Corp.
Teck completes sale of Fort Hills stake to project partners; exits oilsands

Teck completes sale of Fort Hills stake to project partners; exits oilsands

VANCOUVER — Teck Resources Ltd. says it has completed the sale of its 21.3 per cent stake in the Fort Hills oilsands mine to Suncor Energy Inc. and TotalEnergies EP sa¹ú¼Ê´«Ã½ Ltd.