Canadian housing market cools

Canadian housing market cools

The malaise in Canada’s housing market is deepening, as record-low interest rates and a vast selection of homes prove to be insufficient incentives to draw new buyers into the market.

Just days after the Canadian Real Estate Association downgraded its sales forecast for the rest of the year, data from British Columbia and Alberta show sharp double-digit decreases in the number of homes sold in July compared to a year ago.

Cyclist

Canadian cities slowly going green

Vancouver has vowed to become the greenest city in the world by 2020. New condos in Toronto are going up without any parking spaces. Regina is doing away with one-way streets to improve public transit access in a revitalized downtown.

Mission Possible

Downtown Eastside charity creates green jobs for low-income women to help African children

A Vancouver charity is collecting discarded soaps and lotions from B.C. hotels and hiring at-risk Downtown Eastside women to repackage them for donations around the world.

On Monday, Mission Possible will launch the soap recycling program at their Powell Street location.

The Downtown Eastside charity will collect the discarded amenities from participating hotels, at a nominal fee of $1 per room per month, said Brian Postlewait, executive director of the Mission Possible. The soaps and bottles will then be newly sanitized and repackaged, ready to be sent to homeless shelters locally and worldwide.

First-Time Home Buyers’ Tax Credit (HBTC)

First-Time Home Buyers’ Tax Credit (HBTC)

For 2009 and subsequent years, the HBTC is a new non-refundable tax credit, based on an amount of $5,000, for certain home buyers that acquire a qualifying home after January 27, 2009 (i.e., generally means that the closing is after this date).

Evergreen Line

Evergreen Line Rapid Transit Project

The Evergreen Line is a new rapid transit line that will connect Coquitlam to Vancouver via Port Moody and Burnaby. The Evergreen Line will be a fast, frequent and convenient SkyTrain service, connecting Coquitlam City Centre through Port Moody to Lougheed Town Centre in approximately 13 minutes. It will seamlessly connect to the current SkyTrain network at Lougheed Town Centre Station and will integrate with regional bus and West Coast Express networks. Construction of the Evergreen Line is anticipated to begin in early 2011 and be completed in 4 years.

Outdoor Deck

7 ways to spruce up outdoor deck

Everyone loves having an outdoor deck to relax on during the summer months. But if your deck is just a little bit on the boring side, there’s a wide variety of deck helpers available for turning “ho-hum” into “wow”!

Human Body Domino

10,000+ Chinese set human domino record

More than 10,000 people in northern China have set a world record for the longest chain of human dominoes.

Arranged in lines, they slowly collapsed backward onto each other in sequence from a sitting position like a line of toppling dominoes.

Beer

Vancouver summer festival touts natural crafted beer

A local beer-drinking club with a mission has grown from two dozen to more than 300 members in the past nine years.

The Campaign for Real Ale Vancouver, or CAMRA Vancouver, is an independent consumer organization committed to the proliferation of craft beer.

Arcade Fire

Arcade Fire set for Pacific Coliseum Sept. 28

Arcade Fire has announced other Canadian tour dates — with a Vancouver stop Sept. 28 at Pacific Coliseum.

Arcade Fire — fresh from playing Toronto’s Olympic Island and a recent Montreal gig — is hardly saving all their true patriot love for the East. New North American tour dates have just been revealed, and following a Sept. 22 show in St. Paul, Minn., Arcade Fire will be rolling across Canada, hitting four cities (not the suburbs) in support of their new album, The Suburbs.

Pennies

Penny losing currency with Canadians

A majority of Canadians want to get rid of all those pennies jingling in their pockets, according to a new poll, and if they get their way the country’s economy stands to benefit, says currency analyst David Watt.