7 h. ago B.C. cuts Metro Vancouver developers a break from soaring fees, backstopped by $250 million in federal cash

"Having sat down with both not-for-profit builders and private builders, and gone through their pro-formas, I can say that this will be the difference between housing happening, and it not happening," said B.C. Housing Minister Ravi Kahlon.

Economics

23 h. ago Aspect Biosystems Presents New Preclinical Data on Adrenal Bioprinted Tissue Therapeutics at ENDO 2025

Preclinical data highlight the potential of Aspect’s adrenal Bioprinted Tissue Therapeutics to restore adrenal function and treat primary adrenal insufficiency VANCOUVER, British Columbia — Aspect Biosystems, a biotechnology company pioneering the development of Bioprinted Tissue Therapeutics (BTTs) as a new category in regenerative medicine, today announced new preclinical data at ENDO 2025, the Endocrine Society’s […]

Other

7 d. ago B.C. boosts tax credit for developers of video games, virtual reality simulators

Finance Minister Brenda Bailey said the measures will help B.C. grow its 'knowledge economy'

Economics

7 d. ago Letters to the Sun: Developers should be subject to same market risks as everyone else

Re: B.C. builders welcome NDP changes to development cost charges as housing starts falter If I buy stock, it might go up, and it might go down. Hundreds of people who bought pre-sale condos are now in trouble because their investment is worth less than what they paid for it. So can someone please tell […]

Sport

1 week ago Canucks Development Camp: How Riley Patterson got a leg up on demands of the game

Patterson's mom was a former athlete, has a background in sports psychology, and is a guidance counsellor. She encouraged Riley to write a journal for reflection and preparation.

Sport

1 week ago B.C. builders welcome NDP changes to development cost charges as housing starts falter

Housing Minister Ravi Kahlon says province will allow builders to hold off on paying 75 per cent of fees for four years or until occupancy

Economics

1 week ago Kardium Announces $250M (CA$340M) Financing to Launch Innovative Atrial Fibrillation Treatment

Investment to Support Commercial Launch of the Globe® System and Expansion of Manufacturing Capabilities VANCOUVER, British Columbia — Kardium Inc., the developer of the Globe® Pulsed Field System – an innovative treatment for atrial fibrillation (AF) – has raised US$250 million in a new financing round. The oversubscribed round was led by new investors including […]

Economics

2 w. ago Toronto slaps down plans for massive tower to replace strip club

Plans to redevelop a landmark Toronto strip club with an enormous 64-storey condo tower have hit a bit of a snag following a refusal report issued by city planners in June.A proposed redevelopment of the Brass Rail and surrounding properties just south of Yonge and Bloor has been in the works since September 2022, with a plan from Vancouver-based developer Concord emerging the following year, featuring a design from architects Dialog.However, just months later — in December 2023 — City Council moved forward with a bid seeking heritage designation for properties at 699 Yonge Street and 707 Yonge Street under Part IV, Section 29 of the Ontario Heritage Act. In February 2024, the designation passed, granting new heritage protections for the properties and foreshadowing the resistance that the redevelopment plans are now facing.On June 19, the Director of Community Planning for Toronto and East York District issued a refusal report directing community council ...

Other

3 w. ago Major Anmore housing project dropped by developer on brink of public hearing

The village was set to host a meeting on the development that would have tripled the population as it was built out

Politics

3 w. ago Letters to The Sun: Community services not keeping up with development in Vancouver

Being a long-time Vancouver resident, I’ve seen the evolution of the city firsthand. There are so many amazing attributes to enjoy and be proud of, but the current direction of city council and development at all costs is not one of them. They work to build more housing — great, but then delay the needed […]

Sport

3 w. ago Another one of Metro Vancouver's biggest developers announces layoffs

Metro Vancouver developer Wesgroup has become the latest company to announce a major round of layoffs in the face of tough economic conditions.

Sport

3 w. ago 'Dire straits': Wesgroup layoffs sign of big downturn in residential construction in B.C.

Experts say that as construction wraps up on current multi-family projects, there could be a surge in job losses

Other

last month 'What are we building for?': Aiming to boost development, Vancouver may delay amenity, infrastructure upgrades

Dan Fumano: City hall is trying new things to facilitate development in a challenging market. Some Vancouverites worry about what they see as a trend of the city giving too much away

Economics