B.C.’s economy remains steady despite disruption and uncertainty from the global trade conflict, its First Quarterly Report shows.

A new proposal in Surrey will bring almost 600 new homes and shelter spaces to the community through three new BC Housing-funded developments helping to support hundreds of people and families in need of affordable and supporting housing.

Youth transitioning out of foster care, and young mothers in New Westminster are closer to having a safe, stable place to live as construction starts on a new 89-home development in the community.

From Housing, Infrastructure and Communities Canada: https://www.canada.ca/en/housing-infrastructure-communities/news/2025/08/investing-across-british-columbia-to-build-safe-and-strong-communities.html

From Housing, Infrastructure and Communities Canada:

B.C. supported people through high costs and climate emergencies, and ended the fiscal year 2024-25 with a deficit lower than expected.

Government has made regulatory changes that protect homebuilders’ projects from increases in Metro Vancouver Regional District development cost charges, freeing up hundreds of millions of dollars in capital to invest in additional new homes.

People buying a home will soon be better protected by new rules and regulations for the mortgage services industry.

More women and their children leaving violence now have safe, secure place to stay as 44 new shelter and transitional housing spaces have opened in Kelowna.