Sunday, May 12, 2024
ADVT 
National

Majority of homeowners in BC are investors

Darpan News Desk The Canadian Press, 23 May, 2023 04:27 PM
  • Majority of homeowners in BC are investors

New numbers released by Statistics Canada show investor-occupants made up almost 10 per cent of British Columbia homeowners in 2020.

The agency says B-C's share of investor-occupants -- who own a single property with multiple units -- is much higher than in other provinces.

Investor-occupants made up 2.5 per cent of New Brunswick's homeowners, 1.8 per cent in Nova Scotia, 0.8 per cent in Ontario and 0.7 per cent in Manitoba.

The agency attributes the high numbers in B-C to incremental forms of density, such as single-detached houses with secondary suites or laneway units, duplexes, or triplexes.

MORE National ARTICLES

Road closures in effect in the area of 128th street in Surrey

Road closures in effect in the area of 128th street in Surrey
Road closures between 102 Avenue and 104 Avenue on 128 Street are in place due to a serious motor vehicle collision. The road closure is in effect until further notice. 7  people from the two vehicles were injured and have been transported to local hospital. 

Road closures in effect in the area of 128th street in Surrey

Cyclist dies in early morning crash:Langley RCMP

Cyclist dies in early morning crash:Langley RCMP
Langley R-C-M-P say the driver of the Mercedes allegedly struck the cyclist and left the scene before officers arrived, but was quickly located. Police say the factors contributing to the crash have yet to be determined and no charges have yet been laid.  

Cyclist dies in early morning crash:Langley RCMP

Smoky skies cause poor air quality in parts of B.C., Environment Canada says

Smoky skies cause poor air quality in parts of B.C., Environment Canada says
Smoke had also started spreading to the Whistler, Howe Sound and Sunshine Coast areas, causing variable but hazy conditions, the weather agency said Thursday. It said smoke impacts may be worse at higher elevations in the Okanagan, but rain may provide some relief.

Smoky skies cause poor air quality in parts of B.C., Environment Canada says

Passport redesign just the latest battle in the culture war over Canadian identity

Passport redesign just the latest battle in the culture war over Canadian identity
That video, which calls the passport Prime Minister Justin Trudeau's "colouring book" because it features images of a squirrel eating a nut and a man raking leaves, reached nearly a million people in a week, far exceeding Poilievre's other recent videos.

Passport redesign just the latest battle in the culture war over Canadian identity

WestJet ramping up after reaching deal with pilots, but not before cancelling flights

WestJet ramping up after reaching deal with pilots, but not before cancelling flights
WestJet said Friday it's ramping up operations as quickly as possible, but warned that the full resumption of operations will take time. The airline encouraged travellers to continue to check the status of their flight before heading to the airport.

WestJet ramping up after reaching deal with pilots, but not before cancelling flights

Expect busy roads this long weekend: ICBC

Expect busy roads this long weekend: ICBC
The Insurance Corporation of B-C is warning that roads will be busier than usual this weekend and the Crown agency is asking people to drive carefully. It says, on average, two people are killed and 480 people are injured in crashes during the Victoria Day long weekend each year.

Expect busy roads this long weekend: ICBC