Bank Of Canada Update & Outlook
Posted on Oct 25, 2023
In its recent announcement, the Bank of Canada maintained the overnight rate at 5%, emphasizing its commitment to quantitative tightening. This decision comes against the backdrop of a dynamically evolving global and domestic economic landscape.
Global Economic Trends:
The global economy is experiencing a slowdown, influenced by increased policy rate...
New Short Term Rental Rules BC
Posted on Oct 23, 2023
The surge in short-term rentals, exemplified by platforms like Airbnb, VRBO, Expedia, and FlipKey, has reshaped the housing landscape not only in British Columbia but globally. As the demand for short-term accommodations grows, concerns arise about the impact on the availability of long-term rentals, prompting legislative responses. In British Colu...
