The BUZZ iN POWER Summit 2024 Lands In Toronto This Month (And With Quite The Lineup)

The Canadian Big Five banks are expecting an interest rate cut announcement tomorrow. All economists predict a decrease in rates, but there is some variation in their expectations for future announcements. The Home Equity Sharing Agreement (HESA) by The Home Equity Partners can potentially help distressed borrowers avoid higher mortgage payments. The Lauren, a 22-storey rental tower in Vancouver, has been sold to Starlight by Westbank and Peterson. The British Columbia Construction Association and Vancouver Regional Construction Association are proposing the creation of a new Ministry of Construction. Toronto realtors' membership has declined year-over-year for the first time since at least 2016. Jennifer Keesmaat and Teresa Goldstein have been appointed to the National Housing Council. The British Columbia Building Code has been updated to allow single egress designs for mid-rise buildings. Tokyo Smoke is set to close 29 stores amid restructuring and a $29 million net loss last year. A new abode with river views and an indoor pool is listed in Fergus, Ontario. The Guardian Building in Edmonton is under receivership and has been listed for sale.