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Category Archives: All 2019 Blog Posts

All 2019 Blog Articles Witten By Linda & Freddy Marks

Mortgage defaults remain very low, lenders say

Canadian Bankers Association says only 0.18 per cent of Canadian homeowners are underwater, despite record-high home high prices and mortgage debt 2 days ago By:  Frank O’Brien When COVID-19 led to business lockdowns and layoffs early in 2020, there was widespread concern of a looming spike in mortgage defaults.  Yet, despite a record rise in Canadian mortgage debt […]

Housing-market risk jumps to high in Canada government rating

Canada’s housing agency said the country is now at high risk of a sharp correction in home valuations as the continued appreciation in prices becomes unmoored from economic fundamentals. The Canada Mortgage and Housing Corp. raised its market risk assessment to high from moderate on Tuesday, in a report showing both activity and prices remain near record […]

Billionaires battle over False Creek land deal

Billionaires battle over False Creek land deal Vancouver’s Concord Pacific squares off in court against Singapore-based investor Oei Hong LeongSep 23, 2021 7:15 AM By:  Chuck Chiang, Business in Vancouver The legal battle over the former Expo ’86 lands continued this month, when developer Concord Pacific Group appealed a court decision that awarded “special costs” in the […]

BC government to allow new secondary homes with flexible uses on farmland

NEWSREAL ESTATEDEVELOPMENTURBANIZED BC government to allow new secondary homes with flexible uses on farmland Kenneth Chan|Aug 11 2021, 5:27 pmExample of a mansion in Surrey built on a property deemed as part of the Agricultural Land Reserve. Such large homes on farmland are not permitted today. (Google Maps) The provincial government has reversed course on some of its previous […]

Let’s raise another glass: 2021 Canadian beverage outlook is improving

Print Share Beverage manufacturing companies are an important part of Canada’s food and beverage manufacturing sector and will play a critical role in Canadian economic growth in 2021. The sector employs over 42,000, 15% of all food and beverage manufacturing jobs, and contributes $7.0B in GDP to the economy. Beverage manufacturing is a low-margin, high-volume […]

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