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News

Nimbyism Nimbyism contributing to Canada’s housing crisis, says economist

Municipalities’ objection to housing development has contributed to Canada’s current housing crisis, says Scotiabank Canada’s chief economist Jean-François Perrault. The federal government regulates people coming into the country, but municipalities — and, to a lesser extent, the provinces — hold a…

Colwood development Colwood development announces $1.2B construction plan

Two Vancouver-based development companies have announced their 15-year masterplan for developing the Royal Beach area of Colwood, B.C. The 135-acre site will be home to approximately 2,850 homes, retail space, and commercial space over the next decade-and-a-half, according to developers Seacliff…

City construction firm allegedly swindled out of $410K

A longtime Winnipeg construction company has filed a lawsuit against National Bank of Canada after fraudsters claiming to be a subcontractor allegedly bilked the company of nearly $410,000. The money was funneled through an account with the bank by scammers who…