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Inflation Heats Up Again, Casting Doubt on Bank of Canada Rate Cut in July

As of June 25, 2024, recent inflation data has cast significant doubt on the anticipated interest rate cuts by the Bank of Canada. The latest figures reveal that inflation accelerated to 2.9% in May on a year-over-year basis, up from 2.7% in April, surprising many economists who had expected a continued easing.

Key Drivers of Inflation
The primary co...

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Vancouver's Home Ownership Crisis Hits Record Highs

In a recent report by the Royal Bank of Canada, the home affordability crisis in Vancouver has escalated to unprecedented levels, marking a significant challenge for potential homebuyers. Published in April 2024, the report underscores that the final quarter of 2023 was the most challenging period for Canadians striving to afford a home, with Vanco...

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Vancouver 2050: A Vision of Urban Transformation

As we look towards 2050, Vancouver is on the brink of a transformative era that redefines its commercial and real estate landscape. The city, known for its scenic beauty and vibrant urban life, is evolving into a futuristic hub where lifestyle, work, and play converge seamlessly. Below are the pivotal trends shaping Vancouver’s journey into the nex...

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