The Vancouver Island Real Estate Board (VIREB) recorded ten per cent more sales in July compared to the same month last year. According to the most recent market report, there were 806 unit sales across all property types on the Island in July and year-over-year active listings were up one per cent, with 4,512 units listed. VIREB chair Olivier Naud says the island’s market is at the top end of balanced, with about six months of inventory.
Most of British Columbia stayed on daylight saving time Sunday, completing its move to permanent daylight time, but experts warn the change may create some confusion for businesses and travellers.
De Havilland Canada has reached an agreement with the federal government and Export Development Canada (EDC) for up to $2.5 billion in financing to double production capacity for its Canadair 515 waterbombers.
Harm-reduction advocates say they are bracing for a possible increase in overdose deaths and more stress on the health-care system if the incoming B.C. Conservative government follows through on its pledge to end safer supply in the province.