Western Investor

2 weeks ago | westerninvestor.com | Jami Makan

Kitimat, B.C., is benefiting from major industries like an aluminum smelter and a new LNG export facility, with further investments literally in the pipeline. The town of about 8,200 residents in the North Coast region of B.C. did not exist in 1950. In the early ‘50s, the Aluminum Company of Canada (later Alcan and now Rio Tinto Alcan) acquired the land for a new smelter, and a new community was born. “Industry is the only reason we exist,” said Mayor Phil Germuth, District of Kitimat.

2 weeks ago | westerninvestor.com | Sandor Gyarmati

Delta staff are reviewing the public feedback gathered on a proposed six-storey market rental building on Ladner Trunk Road before the proposal makes its way to council for consideration. The rezoning, development variance and development permit proposal would see the new a six-storey purpose-built 78-unit rental building on a vacant lot at 5737 Ladner Trunk Rd., next to a gas station and the intersection at Ladner Trunk and 57th Street.

3 weeks ago | westerninvestor.com | Peter Mitham

Development cost charges (DCCs) have been a popular tool for funding municipal infrastructure intended to accommodate growth, but a Conference Board of Canada report released March 12 recommends monitoring their use. “Development charges should be used only to provide new physical subdivision infrastructure,” the report recommends, noting that their contribution to new home prices should be capped.

1 month ago | westerninvestor.com | Jami Makan

British Columbia budget projects steady housing growth, but rising tariffs and market uncertainty could drive up costs and dampen demand.

1 month ago | westerninvestor.com | Rosa Saba

TORONTO — Canada's main stock index fell 200 points Thursday amid widespread weakness, while U.S. stock markets slid in the afternoon after a mixed trading day, led by a 2.8 per cent decline on the Nasdaq.