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Policy
Vancouver Is Creating Its First ODP
Vancouver plans its first city-wide Official Development Plan by 2026, shaping long-term urban development based on the existing Vancouver Plan.
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Policy
Capital Gains Rate Increased to 66.7%
The 2024 Federal Budget outlines an increase to the capital gains inclusion rate from 50% to 66.7% starting June 25, 2024.
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Policy
Trudeau Announces $6B Housing Fund
Canada launches $6 Billion fund, boosting infrastructure to accommodate higher density and population growth.
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Economy
BoC Cuts Key Rate by 0.25%
The Bank of Canada cut its benchmark interest rate to 4.75% due to easing inflation and weak economic growth, making Canada the first G7 country to cut rates.
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Policy
New Regulations to Help Close Strata Loopholes in BC
New regulations in British Columbia aim to ensure strata owners obtain depreciation reports regularly.
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Stats
Canadian Rents Reach Record Levels
Canadian rents hit a record $2,200/month, up 9.3% yearly, with highest prices in Vancouver and Toronto and double-digit hikes in mid-sized cities.
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Development
Surrey Development Fees Cut by 50% Near Rapid Transit
Surrey offers rebates on development fees to boost housing near transit.
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Development
Vancouver’s First Shaughnessy Area Will Allow More Density
First Shaughnessy, a protected neighbourhood with rich history, is set for redevelopment.
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Development
Developers See Potential in Jane and Finch Area
Stanford Homes proposes a 29-storey building in Toronto’s Jane and Finch neighborhood.
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Development
105 Storey Toronto Tower Will Be the Tallest in Canada
Construction for SkyTower, soon to be Canada’s tallest tower, has reached the 20th floor.
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