AGP Executive Report
Last update: 12 hours agoHousing Affordability Debate: Bank of Canada senior deputy governor Carolyn Rogers says the policy rate is “too blunt” to fix housing affordability, warning that easing prices can also erode household wealth and slow sales and construction. Housing Costs Awareness: A Credit Canada/Harris Poll finds 68% of Canadians don’t know how much they spend on housing, while 32% who do know still struggle with affordability. Office Market Watch: CBRE reports Victoria’s office vacancy edged down to 10.5% in Q3 2026, with downtown at 15.2%, as more workers return and lease negotiations shift toward landlords. Major Infrastructure—Pacific Link: Prime Minister Mark Carney says Ottawa will fast-track the Alberta-to-B.C. Pacific Link oil pipeline by listing it as a project of national interest, aiming to finish the process by Sept. 1, 2027. High-Speed Rail Cost Pressure: The PBO warns Alto Toronto–Quebec City rail could cost $75B to $113B, above Ottawa’s range, with major risks including a costly Montreal tunnel. Energy & Construction: LNG Canada moves ahead with Phase 2 to double capacity to 28 mtpa at Kitimat, targeting up to 4,000 construction jobs at peak.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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