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Updated: Layoffs at Wesgroup add to Vancouver condo industry’s woes

Updated: Layoffs at Wesgroup add to Vancouver condo industry’s woes

Company’s CEO cites ‘deeply stalled condo market’ and ‘cost-of-delivery crisis’
B.C. alters tourism strategy to attract off-peak visitors

B.C. alters tourism strategy to attract off-peak visitors

Six distinct sub-brands are being used under the Super Natural British Columbia slogan
Steel industry groups say Carney's retaliatory plan for U.S. tariffs 'falls short'

Steel industry groups say Carney's retaliatory plan for U.S. tariffs 'falls short'

Prime Minister Mark Carney announced a tariff countermeasure plan Thursday that includes retaliation against Trump's steel and aluminum tariffs a month from now.
Home construction must double over next decade to restore 2019 affordability: CMHC

Home construction must double over next decade to restore 2019 affordability: CMHC

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019 based on projected demand.
Downtown office divide grows as 'trophy' towers outperform in Vancouver

Downtown office divide grows as 'trophy' towers outperform in Vancouver

Colliers says Vancouver’s AAA office market ‘improving faster than most major cities’
Why Metro Vancouver companies are expanding to U.K.

Why Metro Vancouver companies are expanding to U.K.

Moves come as politicians encourage diversified trade
Almost half of B.C. tenants skimping on groceries to afford rent, says survey

Almost half of B.C. tenants skimping on groceries to afford rent, says survey

But Royal LePage report says renters may benefit from improving market conditions
Lululemon Athletica cutting 150 corporate jobs as part of organizational changes

Lululemon Athletica cutting 150 corporate jobs as part of organizational changes

VANCOUVER — The Vancouver-based apparel company Lululemon Athletica Inc. is cutting about 150 corporate jobs as part of changes to its organizational structure. The retailer said Wednesday the affected employees are part of its store support centres.
Retailers are in trouble and there's more to come: insolvency, restructuring experts

Retailers are in trouble and there's more to come: insolvency, restructuring experts

The fall of Hudson's Bay and Saks Fifth Avenue Canada may give the impression that one of the hottest trends this year is the distressed look, but retail and insolvency experts say the company's demise is part of a now-annual pitter-patter they expec
B.C. mall owner offers $6 million for three Hudson's Bay leases: court documents

B.C. mall owner offers $6 million for three Hudson's Bay leases: court documents

The B.C. mall owner hoping to buy dozens of Hudson's Bay leases has offered $6 million to take over three locations in malls that she owns, describing it as just the beginning of a new department store empire.