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Okanagan developers hit by soaring construction costs, projects stalled

Okanagan developers hit by soaring construction costs, projects stalled

B.C. housing crisis worsens as developers struggle with costs
Tight-lipped Bank of Canada holds key rate at 5%, says it's too early to cut rates

Tight-lipped Bank of Canada holds key rate at 5%, says it's too early to cut rates

OTTAWA — The Bank of Canada brushed off questions about rate cuts as it held its policy rate at five per cent, arguing inflation is still too high to justify lower borrowing costs.
B.C. minister defends secrecy over World Cup costs, cites business interests

B.C. minister defends secrecy over World Cup costs, cites business interests

Lana Popham testified at a budget estimate hearing at the provincial legislature
Discount-price condos were to be sold only to first-time buyers; 13 sued for buying when they didn't qualify

Discount-price condos were to be sold only to first-time buyers; 13 sued for buying when they didn't qualify

Civil suits filed by B.C. Housing allege 13 of the units at Vivid at the Yates on Johnson Street went to people who already owned property, or who rented out their units instead of living in them.
B.C. judge calls lawyer's use of fake AI cases 'alarming'

B.C. judge calls lawyer's use of fake AI cases 'alarming'

91Ô­´´ family lawyer Chong Ke has been ordered to pay court costs after submitting fake AI-generated court cases to opposing counsel; Ke was spared from more serious punitive 'special costs.'
Crane accidents 'a huge concern' after fourth incident in Metro 91Ô­´´

Crane accidents 'a huge concern' after fourth incident in Metro 91Ô­´´

WorkSafeBC has said there were 22 incidents involving tower cranes from 2019 to 2023, including the Kelowna collapse.
Canfor Corp. reports $117-million loss in fourth quarter after 'challenging' 2023

Canfor Corp. reports $117-million loss in fourth quarter after 'challenging' 2023

VANCOUVER — Canfor Corp. says it lost $117.1 million in the fourth quarter of 2023, a smaller loss than $207.9 million a year earlier. The 91Ô­´´-based company says sales totalled $1.28 billion, down from $1.
B.C.'s securities watchdog fined rule breakers $430M. Why can't it make them pay?

B.C.'s securities watchdog fined rule breakers $430M. Why can't it make them pay?

VANCOUVER — Ronald McHaffie said he had big plans to build a ski resort near Hope, 150 km east of 91Ô­´´, ahead of the 2010 Olympics. He cut an unlikely figure, with a Grizzly Adams beard and no history of resort development.
91Ô­´´ international student fights defamation allegation after dispute with college

91Ô­´´ international student fights defamation allegation after dispute with college

Saki Takatsuki of Japan started her program in January 2022.
Questions mount for federal World Cup funding

Questions mount for federal World Cup funding

The next men's World Cup will feature a record 48 nations and a 104-match schedule.