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But the majority of Americans say they tip 15 per cent or less for a typical meal at a sit-down restaurant, according to a wide-ranging new poll on tipping attitudes from Pew Research Center. As the grocery code of conduct nears completion, the Canadian industry's biggest player is raising concerns the guidelines could add fuel…

The Rental Protection Fund aims to acquire 25 properties by November 2023 to safeguard renters from eviction and provide housing for those in need. Continue to full article

10 BC municipalities must build over 60K new housing units in the next 5-yr. Vancouver has the highest target of 28,900 new units, followed by Abbotsford and the City of Victoria. The government will assess community progress after 6-mo in addressing the housing crisis impact.

Nesto, Dominion Lending Centres, The Mortgage Centre, and Island Savings offer competitive mortgage refinancing rates. These rates are lower than the national average and standard bank rates. Island Savings mortgages are backed by a reliable credit union. The services also provide competitive closing timelines, although specific rates and timelines are not disclosed. Continue to full…

In October 2023, Metro Vancouver's board of directors approved an increase in development cost charges (DCCs) on construction to fund infrastructure upgrades. This plan was opposed by the federal Housing Minister Sean Fraser, who called for a year's delay and changes to DCC waivers. He threatened to pull Housing Accelerator Funds from municipalities taking steps…

The avg detached-house price in Northern B.C. is now $408K. Lower Mainland of B.C.'s avg detached-house price is $1,797,800, ↑ 5.5% yearly. Fort Nelson homes are available for an avg of $155,262, ↓ $50K drop in two years.

Gabriola's local governments are assessing the implications of the new provincial short-term rental legislative changes. The Short-Term Rental Accommodations Act, which received royal assent recently, includes regulations such as only allowing short-term rentals in principal residences. The Act also empowers regional districts to issue business licenses for short-term rentals and increases the maximum fine for…

In November 2023, Metro Vancouver voted to triple the fees they charge developers to undertake construction, resulting in a 73% increase in townhouse rates to $9,839 per unit by 2026, and a 64% increase in detached home rates to $10,952 per unit. This has caused a call for a more consistent strategy for DCC increases,…

British Columbia and Ontario are the most expensive provinces in Canada to save for a home. In BC, the avg home price was $996K in September, and the median annual income is $42K. In Ontario, the avg home price was $931K, and the median annual income is $41K.

The Metro Vancouver housing market is currently balanced, with increased demand for housing and a steady supply of homes for sale, according to the Real Estate Board of Greater Vancouver. Continue to full article