September 2023

Vancouver City Council Approves up to eight Homes on single-family lots

Posted on Sep 18, 2023



Gentle densification through the expanded development of multiplex residential structures will now be permitted across much of Vancouver’s single-family neighbourhoods city-wide.


During Thursday’s public hearing, Vancouver City Council unanimously approved City of Vancouver staff’s multiplex framework of “Adding Missing Middle Housing and Simplifyin...

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Bank of Canada Holds Interest Rate Steady at 5%

Posted on Sep 18, 2023



The Bank of Canada opted to hold its benchmark interest rate steady at five per cent as the economy is showing more and more signs of cooling.


The move was widely expected by economists and other financial observers, as the central bank's unprecedentedly swift campaign of rate hikes since early 2022 have made major headway on bringing down runaway i...

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