Read the latest news from regional and global sources, presenting different voices and perspectives.
Calgary’s New Density Bonus Program and How it Compares to Other Canadian Models
Canadian Real Estate Wealth
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June 5, 2025
The City of Calgary has announced a new Downtown Density Bonusing Offset Program, launching June 1, 2025, which will support the development of more than 1,500 new homes in the city’s core. This program is designed to remove barriers and offer...
Kirk LaPointe: The big tax reckoning is coming for Canada
Business In Vancouver
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June 5, 2025
As costs soar and demographics shift, governments can no longer dodge the truth: we either raise more revenue—or cut deep We live in a country with Scandinavian tastes and a North American tax code. And in case you haven’t noticed, the cost of...
Trump's steel and aluminum tariff hike creates uncertainty for construction in Waterloo region
CBC/Radio-Canada
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June 5, 2025
Additional U.S. tariffs on steel and aluminum may stall or even cancel some construction projects in Waterloo region, a local builder warns. Jeff MacIntyre, president of the Grand Valley Construction Association, says the tariff hike will make...
220 Homes Protected Across B.C. through Community Housing Sector Acquisitions
Hamilton Spectator
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PENTICTON, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) — Today, the Rental Protection Fund (the Fund) is proud to announce the acquisition of seven rental properties, securing 220 affordable homes across British Columbia—from Fort St. John to...
Building housing indigenous art burns down in Canada's wildfires
BBC
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June 5, 2025
In a Facebook post, the owner said that they "feel a profound sense of loss" and were looking for a permanent home for the artefacts when the fire struck. Items lost included beaded moose-hide jackets and moccasins, birchbark baskets and antler...
Bank of Canada (and lenders) hit the snooze button this week
Daily Herald Tribune
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Breadcrumb Trail Links Real Estate Robert McLister: If you're mortgage hunting this summer, the geopolitical circus could translate into either a rate in the three per cent range, or a fixed rate in the high fours Although markets only expect one...
Cities Most at Risk for Rise in Heart Attacks as Canadian Wildfires Burn
Newsweek
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June 5, 2025
Some residents of several major cities in the Midwest could face an increased risk of heart attack and stroke as smoke from Canadian wildfires continues to descend into the United States this week. "Exposure to particulate matter air pollution...
Data centre demands, developments surge: A Canadian update
Real Estate News Exchange (RENX)
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The Vantage Data Centers QC2 campus in Quebec. (RENX file / Vantage Data Centers) As demand surges for data storage and cloud computing, data centres have emerged as one of Canada’s most dynamic and lucrative real estate asset classes. A May 28...
Mumbai real estate: Apple India leases retail space in Borivali for ₹2 crore annual rent
Hindustan Times
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June 5, 2025
Apple India has leased 12,616 sq ft retail space in Mumbai’s Borivali suburb for ₹17.35 lakh monthly rent, according to documents accessed by data analytical firm Propstack. Apple India has leased 12,616 sq ft retail space in Mumbai’s Borivali...
What’s stopping family housing development? Part II: It’s culture, not just cost
Real Estate News Exchange (RENX)
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In Part I of this two-part series, I outlined how development charges discourage the construction of family-sized units. But the barriers go beyond economics. In Canada and much of North America, it’s culture that keeps families out of apartments....
Israelson: The One Big Beautiful Bill could be one big headache for Canadian investors
Canadian Family Offices
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June 5, 2025
The One Big Beautiful Bill Act backed by President Donald Trump and now slithering though the U.S. Congress doesn’t look so beautiful for Canadian investors and business owners. Yet while experts say that its threats are real and investors should...
Calgary luxury homes market holds attention of buyers across Canada
Calgary Herald
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June 5, 2025
Still, the luxury market here has seen growth moderate, though demand has not shrunk like larger markets, a new report from Sotheby’s suggests. Its Top-Tier Real Estate: Spring 2025 State of Luxury Report found that Canada’s two largest markets...
Canada posts April trade deficit of $7.1-billion, the largest on record
The Globe and Mail
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June 5, 2025
Open this photo in gallery:Port Metro Vancouver in Vancouver, B.C., in 2018. Exports to the U.S. shrank by 15.7 per cent, a third consecutive monthly decline, Statistics Canada said.DARRYL DYCK/The Canadian Press Canada’s trade deficit in April...
‘Such a blatant exclusion,’ Indian living in Canada shares horrible experience with Indian landlords
Financial Express
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A viral Reddit post by an Indian immigrant in Canada is sparking widespread conversation about discriminatory rental practices within Indian communities. Posted to a popular Canadian subreddit, the user expressed deep frustration with the...
Canada's new housing minister is already fiercely dividing opinion
Mortgage Professional Australia
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June 5, 2025
She characterized the current market as “emotionally draining for buyers and disheartening for brokers who are doing everything they can to help,” and described Robertson’s return as a continuation of failed policies rather than a fresh start....
Nova Scotia premier pitching ambitious 'Wind West' offshore wind energy project (Canada)
Castanet Kamloops
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June 5, 2025
Photo: The Canadian Press A lift boat, right, that serves as a work platform, assembles a wind turbine off Block Island, R.I., Aug. 15, 2016. THE CANADIAN PRESS/AP-Michael Dwyer In response to Prime Minister Mark Carney's bid to make Canada an...
Early morning rock slide closes Trans-Canada Highway between Salmon Arm and Sicamous (Salmon Arm)
Castanet Kamloops
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June 5, 2025
Photo: Castanet Rock slide near R.W. Bruhn bridge replacement construction zone closes Hwy 1 between Salmon Arm and Sicamous. A rock slide near the R.W. Bruhn Bridge replacement project early this morning has closed the Trans-Canada Highway...
Canadians divided on Carney’s early days in office
Winnipeg Sun
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June 5, 2025
Breadcrumb Trail Links News Canada Published Jun 05, 2025 • Last updated 5 minutes ago • 2 minute read Prime Minister Mark Carney during a rally at the Red and White Club in Calgary on Tuesday, April 8, 2025. PNimg Article content Prime Minister...
Canadian Women’s Access to Mental Health Care Uneven
Medscape
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Just over half of adolescent girls and young women aged 15-29 years with mental health or substance use disorder accessed formal healthcare support in 2022, according to a study by Statistics Canada. Some sociodemographic groups within this...
Grand Forks Mayor talks housing with federal minister in Ottawa
Grand Forks Gazette
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June 5, 2025
Talks part of Federation of Canadian Municipalities conference. Grand Forks Mayor Everett Baker, along with the mayors of Penticton (Julius Bloomfield) and Princeton (Spencer Coyne), met with Gregor Robertson, the federal Minister of Housing,...