Rents across B.C. continued to decline in June, falling 5.3 per cent from a year earlier as asking prices eased in most major markets, according to a new Rentals.ca and Urbanation report.
Prime Minister Mark Carney and B.C. Premier David Eby are defending a plan to convert more than 2,200 vacant condos into affordable homes after critics called it a taxpayer-funded bailout for developers.
Average asking rents in British Columbia dropped 5.1 per cent in March from a year earlier, even as the province remained the most expensive rental market in Canada.
British Columbia remained the most expensive province for renters in May, despite a three per cent annual decline in average rental prices in the province.
A potentially powerful El Niño could worsen drought conditions across B.C., prompting calls for stronger water protection measures from the next provincial government.
A potentially powerful El Niño could worsen drought conditions across B.C., prompting calls for stronger water protection measures from the next provincial government.
B.C.'s major political parties are pitching tax cuts, frozen auto insurance rates and education improvements as the provincial election campaign continues.
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