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July retail sales 'positive surprise' but need more rate cuts to persist: analysts

July retail sales 'positive surprise' but need more rate cuts to persist: analysts

Retail sales edged up in July, but economists say it will take further interest rate cuts to really spark lasting activity. Statistics Canada said Friday that retail sales rose 0.9 per cent to $66.4 billion in July, helped by stronger new car sales.
Bank of Canada trying to figure out how AI might affect inflation, Macklem says

Bank of Canada trying to figure out how AI might affect inflation, Macklem says

OTTAWA — Bank of Canada governor Tiff Macklem says there is a lot of uncertainty around how artificial intelligence could affect the economy moving forward, including the labour market and price growth.
Renting is often a better deal than buying. That’s because of how expensive it is to own a home

Renting is often a better deal than buying. That’s because of how expensive it is to own a home

There are many worthwhile considerations in the rent-vs.-own decision, but a fundamental starting point is understanding how much you will be spending on housing
David Eby uses UBCM speech to kick off election campaign

David Eby uses UBCM speech to kick off election campaign

The premier promised changes to health and addiction care, police protection for downtown cores and a review to the 911 emergency call system.
Federal tax on vacant homes has failed to raise any meaningful revenue

Federal tax on vacant homes has failed to raise any meaningful revenue

Almost 98% of underused housing tax returns assessed have no tax owing
B.C. and First Nations reach deal to sell 2,600 condos at 60% of market value

B.C. and First Nations reach deal to sell 2,600 condos at 60% of market value

VANCOUVER — An agreement between First Nations and the British Columbia government will see thousands of homes made available in Vancouver at 40-per-cent below cost.
Stop downloading health care, policing costs, UBCM tells province

Stop downloading health care, policing costs, UBCM tells province

Langford Coun. Keith Yacucha: Having police deal with health care issues not good for those in crisis
Metro Vancouver luxury-property sellers aren't budging on prices, says Royal LePage

Metro Vancouver luxury-property sellers aren't budging on prices, says Royal LePage

Sales down almost 40 per cent across region but bargains remain elusive
Go ahead, tell your kids how much you earn. It’s good for them

Go ahead, tell your kids how much you earn. It’s good for them

By being open with our kids about money we can remove the stigma and set them up to be more financially literate adults
UBCM calls for standard housing conditions after heat dome deaths

UBCM calls for standard housing conditions after heat dome deaths

Port Moody Coun. Samantha Agtarap: "This resolution asks for a level playing field across the province."
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