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- 1Air Canada Cancels Its Longest Route Between Vancouver And SingaporeβAir Canada Axes Its Longest Route, From Vancouver To Singapore: What Gives?
Air Canada is ending its longest route, the nonstop service from Vancouver to Singapore. The move removes the only direct link between Canada and the Southeast Asian city-state, leaving travellers to connect through hubs elsewhere in Asia or Europe. Commentators in the aviation world are questioning the airline's reasoning, with speculation about demand, aircraft availability and profitability, and passengers with upcoming bookings are watching closely for rebooking options.
- 2Canada's New Housing Strategy Puts Rents and Homebuilding in FocusβCanada Housing Market: What Does the Latest Government Housing Strategy Mean for Rents, Homebuilding and Investors?
Canada's federal government has unveiled its latest housing strategy, prompting analysis of what it means for rents, homebuilding and real estate investors. Commentary so far centres on whether the plan can boost supply fast enough to ease affordability pressures in cities like Toronto and Vancouver, and how developers and landlords may respond to new incentives and rules.
- 3Trio of magnitude 5.0 earthquakes strike near Vancouver IslandβΌTrio of earthquakes around magnitude 5.0 strike near Vancouver Island
Three earthquakes of around magnitude 5.0 struck off the coast near Vancouver Island in British Columbia, Canada. The quakes, hitting in quick succession, were recorded by seismologists in the seismically active Cascadia region off the Pacific Northwest coast. There were no immediate reports of damage or injuries, and authorities did not issue tsunami warnings. Residents along the coast reported feeling light shaking, and monitoring agencies continue to track aftershocks in the area.
- 4Toronto and Vancouver ranked among world's weakest property marketsβToronto and Vancouver were ranked among the weakest real estate markets in the world. Hereβs why
Toronto and Vancouver have been placed among the weakest real estate markets globally in a new international ranking, according to reporting by BNN Bloomberg and CTV News. The ranking reflects the slowdown in Canada's two largest housing markets, where high borrowing costs, elevated prices and weak sales activity have cooled demand. The result is drawing attention given how expensive both cities remain relative to local incomes.