Posts tagged with “Residential Construction”

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Federal Budget Lacks Meaningful Housing Supply Initiatives

On March 28, 2023, federal Minister of Finance Chrystia Freeland announced the 2023 Federal Budget which focused on inflation relief for low-income families and incentives for the green economy.

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Unprecedented Pace of Construction Needed to Offset the Impact of Record Immigration to BC

BCREA’s latest Market Intelligence report forecasts that two significant federal government policies– the Foreign Buyers Ban and record-high immigration targets– will shape housing demand in BC over the next three years.