AGP Executive Report
Last update: 10 hours agoB.C. Housing & Construction: B.C. home sales slid again in July as the Lower Mainland stayed weak, with 6,561 MLS residential sales down 6.7% year over year and the average price slipping 1.3% to just under $930,000. B.C. Policy Watch: A B.C. legislative committee is urging the province to repeal its planned PST expansion to more professional services and some real estate services, which is set to take effect Oct. 1, 2026. B.C. Development Costs: B.C.’s housing minister faced questions over the Luugat SRO on Vancouver’s Granville Strip, after the province spent about $101,000 in July to keep the 110-room building operating for one remaining tenant. Infrastructure & Access: Fibre internet is coming to Valemount, Cedarside and Tête Jaune Cache, with CityWest tasked to deliver service tied to the Connect the Basin initiative. Energy & Land Use: A new gas/diesel power plant in New Brunswick’s Tantramar is drawing criticism amid concerns about energy policy and local impacts. Housing Supply Approvals: A 51-unit supportive housing complex was approved in Williams Lake. Market Context: CMHC says Canada’s housing market is likely to stay subdued for the rest of the year.
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.
Perspectify News
