This is what analysts think will affect home prices in 2018

Analysts are predicting a cooler housing market in 2018, with falling prices in the first few months of the year. But what is it that will pull prices downwards? It’s impending mortgage rule changes that are to blame, according to a recent Reuters poll of Canadian analysts. Beginning January 1, a new mortgage stress test will require all uninsured mortgage borrowers to qualify against th [...]

21 December 2017

Prominent West Vancouver realtor denies he demanded $75k bonus

A prominent West Vancouver realtor denied that he unethically demanded a $75,000 bonus from a client in a $2.7-million property sale, a Real Estate Council of B.C. disciplinary panel heard on Thursday.Shahin Behroyan faces seven allegations.The council alleges that in November 2014, Behroyan indicated to Hamid Gamini, his client, that a $75,000 bonus “was required by the representative of” a c [...]

15 September 2017

Black markets for illegal cigarettes found in Vancouver, Toronto

Chinese cigarettes, barred from legal sale in Canada, are being briskly bought and sold by black-market vendors in Vancouver and Toronto, some of whom are getting the product from travellers purchasing cigarettes duty free and then exchanging them for services in Canada.An examination by The Globe and Mail found more than 300 advertisements selling Chinese cigarettes in one week on VanSky, a popul [...]

07 September 2017

Canada-China relations enters golden age

Late September 2016, Premier Li Keqiang paid an official visit to Canada. This was the first in 13 years. The visit led to the consensus that will focus on strengthening the bilateral relations between the two countries in the areas of politics and trade. The joint statement released by both countries contained 29 items. This was followed by the signing of relevant agreements and announcement [...]

31 August 2017

Government Gives OK, but Companies Must Actually Build Pipelines: Carr

OTTAWA—Natural Resources Minister Jim Carr is defending the government’s ability to get major resource projects moving, saying the government has approved a number of proposals and it’s up to their proponents to get them built. Carr made the comments at the end of a meeting of federal and provincial energy ministers in New Brunswick on Aug. 15, where TransCanada’s Energy East p [...]

24 August 2017

NAFTA 2.0 to Offer Greater Clarity, Opportunity for Canadian Tech

Canada’s tech ecosystem will benefit from a long-overdue revamping of the North American Free Trade Agreement (NAFTA), though some thorny and complex issues need to be resolved. “Modernize in accordance with technological revolution” is Canada’s first core objective for the NAFTA renegotiations, which began in Washington, D.C., on Aug. 16, as outlined by Foreign Affairs Minister [...]

24 August 2017

Accidental Deaths of Endangered Right Whales Threatens Their Survival

PORTLAND, Maine—A high number of accidental deaths this year among the endangered North Atlantic right whale threaten the survival of the species, according to conservation groups and marine scientists. The right whales, which summer off Canada’s Atlantic coast and New England, are among the most imperilled marine mammals on Earth as populations have only slightly rebounded from the [...]

24 August 2017