Building Boom Blankets Vancouver With Multimillion Dollar Projects

The Canadian Press, 13 Jan, 2016 12:17 PM

VANCOUVER — The number of building permits issued by the City of Vancouver has reached an all-time record.

City officials say permits issued in 2015 soared 14.6 per cent over the year earlier and was up 105 per cent compared with 2008.

Value of the permits issued last year has been pegged at $3.2-billion.

According to the city, 10 major construction projects valued at more than $50-million were approved in 2015, including a 52-storey downtown highrise valued at $279-million.

More than 300 permits were issued with a value greater than $1-million.

Vancouver Mayor Gregor Robertson is upbeat about the construction boom saying the record-setting pace provides optimism about the future of the city's economy.

Prev Next

MORE National ARTICLES

File Breach At Electronic Spy Agency Prompts Mandatory Privacy Training

OTTAWA — Canada's electronic spy agency introduced mandatory privacy awareness training for all employees in March following an internal breach involving personal information.

File Breach At Electronic Spy Agency Prompts Mandatory Privacy Training

Lawyer Challenges PM To Seek Top Court's Advice On Refusal To Appoint Senators

OTTAWA — Prime Minister Stephen Harper is being challenged to ask the Supreme Court of Canada whether his moratorium on Senate appointments is constitutional.

Lawyer Challenges PM To Seek Top Court's Advice On Refusal To Appoint Senators

Conservative Defector Eve Adams Trounced In Liberal Nomination Fight

The sitting member of Parliament, welcomed personally into the fold by Liberal Leader Justin Trudeau, was handily beaten for the party's nomination in the Toronto riding of Eglinton-Lawrence by lawyer Marco Mendicino.

Conservative Defector Eve Adams Trounced In Liberal Nomination Fight

Finance Minister Joe Oliver 'Overstepped' By Wading Into Central Bank's Domain: Expert

In response to a reporter's question, Joe Oliver said the policy measure known as quantitative easing was "not on the table" as a response to Canada's ongoing economic downturn.

Finance Minister Joe Oliver 'Overstepped' By Wading Into Central Bank's Domain: Expert

Studies Will Look At Benefits Of Using Horses As Therapy Animals For Vets

OTTAWA — Therapy dogs are being used to help patients with mental health issues and researchers want to know if horses can do the same job.

Studies Will Look At Benefits Of Using Horses As Therapy Animals For Vets

Riding Analysis Shows Spending For Longer Campaign Favours Tory Candidates

While much as been made of the ruling party's fundraising prowess at the national level, the biggest impact of an extended campaign will be felt by candidates in local riding contests.