AGP Executive Report
Last update: 4 hours agoHousing & Affordability (BC): TransUnion data suggests B.C. consumers are slightly more resilient than expected, with the province’s overall delinquency rate edging down year-over-year (1.76% to 1.71%), even as mortgage delinquency rose. Affordable Rentals (BC): Penticton opened a downtown 28-unit affordable rental building at 603 Main St., adding one-, two- and three-bedroom homes through partnerships. Local Housing Policy (Victoria): A Victoria co-op housing plan for a 179-unit tower at 611 Speed Ave. hit a snag after federal Build Canada Homes funding was rejected, but organizers say the deal can still close using other financing. Market Watch (Calgary): Calgary is seeing a “two markets” split: detached homes remain competitive, while condo and multi-family segments are softer with longer selling times. Infrastructure & Transit (BC): Nelson is starting work on electric bus charging infrastructure for two new heavy-duty buses arriving this fall, part of a broader B.C. Transit electrification push. Mining & Jobs (Ontario): Ottawa approved Canada Nickel’s Crawford Nickel Project near Timmins, targeting about $5B in investment and 4,000 jobs. Cross-Border Energy/Environment (US-Canada): Michigan’s Supreme Court ordered regulators to reconsider a permit for Enbridge’s Line 5 tunnel under the Great Lakes, raising uncertainty for the pipeline’s future.
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.