National

Building Boom Blankets Vancouver With Multimillion Dollar Projects

The Canadian Press, 13 Jan, 2016 12:17 PM

VANCOUVER — The number of building permits issued by the City of Vancouver has reached an all-time record.

City officials say permits issued in 2015 soared 14.6 per cent over the year earlier and was up 105 per cent compared with 2008.

Value of the permits issued last year has been pegged at $3.2-billion.

According to the city, 10 major construction projects valued at more than $50-million were approved in 2015, including a 52-storey downtown highrise valued at $279-million.

More than 300 permits were issued with a value greater than $1-million.

Vancouver Mayor Gregor Robertson is upbeat about the construction boom saying the record-setting pace provides optimism about the future of the city's economy.

Prev Next

MORE National ARTICLES

Canadian Dollar Falls Below 70-cent U.S. Mark Again, TSX Also Lower

The Canadian dollar slipped below 70 cents U.S. on Wednesday for the second day in a row as the currency traded near lows set nearly 13 years ago.

Canadian Dollar Falls Below 70-cent U.S. Mark Again, TSX Also Lower

Vadim Scott Benderman, Canadian Accused Of Abusing Teens In Vietnam Arrested With Help From Charity

A judge sentenced Benderman to four years in prison and ordered he be expelled from the country after serving his sentence, the official said.

Vadim Scott Benderman, Canadian Accused Of Abusing Teens In Vietnam Arrested With Help From Charity

Justin Trudeau Government Looking At Speeding Up Promised Infrastructure Spending

The Trudeau government is "actively considering" speeding up promised investments in infrastructure in a bid to stimulate Canada's rapidly deteriorating economy.

Justin Trudeau Government Looking At Speeding Up Promised Infrastructure Spending

Alberta Brings In Guidelines For Schools To Address LGBTQ Issues

David Eggen calls it an important step as school boards draft policies and regulations tailored to their own regions.

Alberta Brings In Guidelines For Schools To Address LGBTQ Issues

East Coast Storm Causes Closures, Outages As Snow, Winds Sweep Through Region

Environment Canada issued a winter storm warning in most regions of New Brunswick, Prince Edward Island and Nova Scotia by early morning, while Newfoundland and Labrador was expecting snow later in the day.

East Coast Storm Causes Closures, Outages As Snow, Winds Sweep Through Region

Shaw To Sell Global TV Network, Specialty Channels To Corus For $2.65 Billion

Shaw Communications is selling its media division to Corus Entertainment for $2.65 billion — a deal that will help fund the telecom company's purchase of Wind Mobile.