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AGP Executive Report

Last update: 12 hours ago

B.C. Housing Push: Ottawa and B.C. will spend up to $3.2B to cut homebuilding fees by reducing development charges and to help clear unsold condos by converting thousands of vacant units into more affordable homes, as weak investor demand leaves product sitting on the market. Vancouver Condo Supply: CMHC says unabsorbed condos in the Metro Vancouver area hit record levels, with 4,376 completed and unabsorbed units in May—up sharply year over year—adding pressure to the condo market. Affordability Watch (Edmonton): A new report flags Edmonton as an outlier where buying is getting tougher, even as some housing becomes more affordable elsewhere. Construction Costs (BHP/Jansen): BHP warns its Canadian potash project Jansen cost estimates have jumped, with Stage 2 now expected to cost US$6.9B, triggering share pressure and renewed scrutiny of major project budgets. Community Housing Openings: Chilliwack’s long-delayed $50.6M supportive-housing and shelter facility finally opens, while Prescott moves a former school toward a wellness centre plus housing. Safety & Standards: Canada’s construction safety council moves to require Type 2 hard hats with integrated chin straps across member sites starting July 1.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 15, 2026

Brazilian investors are pouring more money into U.S. real estate

AGP

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Jun. 16, 2026

Caminosoft, Efficient World launch RealCast Canada AI initiative

AGP

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5 hours ago

International students are changing Nigeria’s remittance flows

AGP

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3 hours ago

WorkUgo launches upgraded Red Seal exam prep platform

AGP


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3 hours ago

WorkUgo Launches Upgraded Red Seal Exam Preparation Platform for Skilled Trades Workers in Canada

EIN Presswire

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12 hours ago

Guelph based Kiwi Newton Group recognized for driving economic growth and reshaping the future of construction

EIN Presswire

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Jun. 18, 2026

Canada and British Columbia forge new partnership to accelerate homebuilding, lower costs, and build new local infrastructure

Prime Minister of Canada

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Jun. 18, 2026

Alamos Gold Provides Operational Update Across Canadian Operations

GlobeNewswire, Inc.

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Jun. 18, 2026

Community Living Toronto Releases Policy Paper Calling for Innovative Mortgage Reform to Support Inclusive Housing

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Jun. 18, 2026

Century 21 Canada grows 39% in Quebec

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