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What you need to know before helping your child with a home down payment

What you need to know before helping your child with a home down payment

OTTAWA — With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers.
More infrastructure investment needed in B.C., says construction association

More infrastructure investment needed in B.C., says construction association

High cost of materials and labour contributing to unaffordability, says BCCA
Loblaw, Empire call for end to property controls amid Competition Bureau probe

Loblaw, Empire call for end to property controls amid Competition Bureau probe

Loblaw says it wants to eliminate commercial property controls in the grocery industry, amid a Competition Bureau investigation into the practice — and it's calling on other grocers to do the same.
Tory MPs backed communities seeking Liberal housing fund Poilievre vows to cut

Tory MPs backed communities seeking Liberal housing fund Poilievre vows to cut

OTTAWA — A number of Conservative MPs have written letters to the Liberal housing minister asking him to grant their communities funding from a program that Conservative Leader Pierre Poilievre this week called disastrous and promised to cancel.
Sluggish housing starts point to big challenges for B.C.

Sluggish housing starts point to big challenges for B.C.

With starts per capita at their lowest level in a decade, industry looks for more reform
Fewer young Canadians own homes but majority planning to buy within five years: poll

Fewer young Canadians own homes but majority planning to buy within five years: poll

TORONTO — A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next five years.
Poilievre promises to abolish federal sales tax on new homes under $1 million

Poilievre promises to abolish federal sales tax on new homes under $1 million

OTTAWA — A Conservative government would scrap the federal sales tax on new homes sold for less than $1 million and push provinces to do the same, Pierre Poilievre said Monday.
Concord Pacific's new Burnaby EV parking facility is among world's largest

Concord Pacific's new Burnaby EV parking facility is among world's largest

Nearly 2,000 parking spaces have been designated for residential use with 24/7 access to EV charging.
New home prices in Vancouver down 0.2% in September, says StatCan

New home prices in Vancouver down 0.2% in September, says StatCan

Prices of new residential homes in Vancouver unchanged from a year ago
Buyer’s market emerges in Vancouver luxury real estate, says top brokerage

Buyer’s market emerges in Vancouver luxury real estate, says top brokerage

Sales over $4 million fell 13% this past summer, according to Sotheby’s.