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2022 News Index

B.C. getting tough on asbestos risk
British Columbia is increasing regulations for asbestos work, including the registration of contractors.

Rebuild costs drive home insurance rates higher
A rush of renovations ,the cost of home building materials and is pushing home insurance costs higher in 2022, according to insurance industry experts.

Proposed tax on $1 million homes appears to be non-starter
A report from a group partly funded by Canada Mortgagee Housing Corp. (CMHC) is calling for tax on homes priced at $1 million or more.

Contractors will battle supply issues in 2022
An Independent Contractors and Businesses Association (ICBA) survey of its members found the majority of firms see supply chain issues as a prime concern.

Alberta drawing most U-Haul movers
Alberta welcomed more one-way U-Haul truck customers than any other province in 2021, according to data compiled for the annual U-Haul Growth Index.

Affluent Edmonton suburb expands by 3,000 acres
St. Albert, an affluent community of 66,000 within Greater Edmonton, will expand in January by more than 3,000 acres.

Big lenders banking on hot housing market in 2022
The majority of Canada’s biggest mortgage lenders are forecasting a robust housing market this year, with some seeing double-digit sale increases and sharp price hikes, despite rising lending rates and a shortage of homes for sale.

CREA says sales will slow but prices rise in 2022
The Canadian Real Estate Association (CREA) forecasts housing sales will moderate next year, but prices will remain high and will accelerate into 2022 due to a lack of supply.

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