Posts Tagged ‘Economic Impact’
Minimum Wage Hike Adds Stress for South Surrey and White Rock Businesses
Understanding Local Concerns The recent surge in the federal minimum wage, effective April 1, has sparked apprehension among businesses in South Surrey and White Rock. Ritu Khanna, the executive director of the South Surrey-White Rock Ch...
Bank of Canada’s Rates Increase: How It Impacts Your Mortgage
The Bank of Canada's recent interest rate hike, the seventh this year, is set to impact mortgage payments across the country. With the prime rate increasing, homeowners can expect higher variable mortgage rates. This blog breaks down ...
B.C. Housing Market Shows Strong Growth in May, Defying Expectations
Introduction: The residential housing market in British Columbia (B.C.) experienced significant growth in May, defying expectations in the face of high mortgage rates. Despite rising interest rates, home sales in Metro Vancouver and across the...