City Vancouver Financial News

25.06 / 11:35
markets Trade mountaineering Cheap Canadian oil displaces Iraqi imports on U.S. West Coast
U.S. West Coast refiners are replacing their heavy Iraqi oil imports with cheaper crude from Canada as the newly expanded Trans Mountain pipeline reshuffles trade flows across the Pacific.
19.06 / 22:21
markets COST UPS Provident Cycling reports Posthaste: Have interest rates forced Canadians to sell their homes?
Higher mortgage payments during the Bank of Canada’s tightening cycle have forced only a small number of Canadians to take drastic measures and sell their home.
16.06 / 15:09
COST love Celebrity travelers strain Interviews Destinations Destination weddings: Are they cost-effective as travel becomes pricier?
Against the backdrop of the Caribbean Sea, Ontario couple Matt Lassaline and Kirsten Whiteley got married in Jamaica last month in a small beach wedding ceremony that was everything they had imagined.
12.06 / 17:43
markets COST Citi President CIBC reports Rate Cut Posthaste: How much are variable-rate mortgage holders saving after the rate cut?
For those with a variable rate mortgage, last week’s Bank of Canada interest rate cut was welcome relief, but how much Canadians ultimately saved really depends on where they live.
09.06 / 00:27
Extreme show reports Videos Investigations boating Plane collides with boat in Vancouver’s Coal Harbour, 2 seriously injured
Two people have been seriously injured after a plane collided with a boat while trying to take off in Vancouver’s Coal Harbour.
08.06 / 02:19
UPS Provident Target Election show track "Trying to instil fear...": Canadian MP Arya raises concern over Khalistani supporters putting up posters of Indira Gandhi's assassination
Chandra Arya on Saturday expressed concern over Khalistani supporters in Canada putting up posters of Indira Gandhi's assassination.
06.06 / 20:47
markets Death CBS film show patient Watson on CBS: Release date, filming, cast & details of Sherlock Holmes spinoff
CBS is making a new show about Sherlock Holmes. But this time, Sherlock is dead! Instead, Dr. Watson, played by Morris Chestnut, is the main character. The show, called «Watson,» is about Dr. Watson's life after Sherlock's death. He's now a doctor again, running a clinic where he helps patients with rare diseases.
01.06 / 16:39
Aviat Airlines WhatsApp show Department Updates International Air India's Delhi-Vancouver flight faces delay; rescheduled for Sunday
Air India's flight from the national capital to Vancouver, which was to take off early Saturday morning, faced an inordinate delay due to technical issues. The airline said the flight has been rescheduled and is now expected to depart early morning on Sunday.
29.05 / 05:03
Instagram Photos social Pregnancy Olympics NHL athletics Tessa Virtue expecting 1st child with Maple Leafs player Morgan Rielly
Olympic figure skater Tessa Virtue is expecting her first child with Toronto Maple Leafs defenceman Morgan Rielly.
28.05 / 20:09
markets COST UPS Opinion Cycling Bank of Canada rate cuts will take months to help consumers, Scotiabank says
While expectations for lower borrowing costs are building, it will take as long as three quarters for interest-rate cuts “to really bear fruit” for bank customers, according to a Bank of Nova Scotia executive.
16.05 / 23:47
Entertainment WhatsApp Schools Features Investigations 'The Thundermans Return' Spinoff: See all details about cast, production, plot and creative team
Nickelodeon Studios has announced a new spinoff series based on the hit live-action movie 'The Thundermans Return.' The spinoff will feature original cast members and will start production in Vancouver.
12.05 / 05:15
Citizens Parke community President Justice reports Department Canada arrests fourth Indian national in killing of Sikh separatist Hardeep Singh Nijjar
Hardeep Singh Nijjar, in Vancouver, as per an AFP report. Amandeep Singh, aged 22, who was already under detention for unrelated gun charges, now faces charges of "first-degree murder and conspiracy to commit murder" in Nijjar's alleged "assassination", it added. This follows the recent arrests of three other Indian nationals in connection with the same case.
18.04 / 04:35
Art Man Parke Universities Inside Rangers park Meet the man who’s lived 30 years in Stanley Park
This is the first story in a three-part series about a man who has lived in Vancouver’s Stanley Park for the last three decades. 
17.04 / 00:05
Housing starts in Canada fall 7% in March from previous month, CMHC says
Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.
08.04 / 14:09
markets COST UPS Citi country cover reports Posthaste: Affording a home in Canada has never been tougher, with one city in 'full-blown crisis'
The latest edition of the Royal Bank of Canada‘s housing affordability measures makes for some grim reading.
04.04 / 08:37
markets COST Citi pandemic trends country reports Vancouver is in a ‘full-blown crisis’ for housing affordability: Report
which looks at housing trends across the country, found that it has never been as expensive to own a home anytime, anywhere in Canada as it was in Vancouver in the last quarter of 2023.The report stated that Vancouver is in a “full-blown crisis.”“At a staggering 106.4 per cent, the share of a median income needed to cover ownership costs means that only a select few high-income earners can afford to buy—or that considerable wealth must be amassed (or received) to put down towards a purchase,” the report states.“This significantly narrows the potential pool of buyers in the market, keeping activity soft and prices flat recently.
28.03 / 12:37
UPS Quadrigacx Rolex show Courts Investigations B.C. steps up probe of Quadriga co-founder's hoard of gold bars, a Rolex and cash
Provincial officials in Canada are trying to force the surviving co-founder of defunct crypto exchange QuadrigaCX to explain how he came by a cash hoard, 45 gold bars and jewelry including a diamond-studded Rolex.
26.03 / 19:29
Platform Discover WhatsApp show classical stars ‘Earth Abides’ Adaptation: Here’s what we know so far about plot, production, episode count and streaming platform
George R. Stewart's classic sci-fi novel Earth Abides as a limited series for its streaming channel. The adaptation, spearheaded by creator and showrunner Todd Komarnicki, will star Alexander Ludwig and is set to begin production in Vancouver on April 8.
25.03 / 15:23
markets UPS Waves FIVE Interviews Housing market will see 'staggered' return of buyers and inventory: RBC
Homebuyers are unlikely to flood back into the housing market this spring; rather their return will be “staggered” over the second half of the year, says one economist.
25.03 / 15:23
markets UPS FIVE Action security trends War Home sellers forced to confront new market realities this spring
Home sellers are awakening to a new, sobering reality as the spring real estate market blossoms into action: the era of frenzied bidding wars and soaring profits in urban centres appears to be receding, replaced by a landscape where they must navigate price cuts, lukewarm buyers and mortgage-approval challenges.

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