A Finnish hospitality company is celebrating a Vancouver city council decision to approve a floating hotel with 250 rooms right on the water in Vancouver's Coal Harbour. CLICK HERE TO FIND OUT MORE 

Okanagan city has one of the highest vacancy rates in the country. The City of Kelowna is opening up more homes to tourists this summer after successfully lobbying the province for an early exemption to short-term rental rules. B.C. Housing Minister Christine Boyle said Kelowna has been showing "incredible leadership" in building new properties to boost vacancy rates in the city, making it the only jurisdiction in B.C. to qualify for the exemption at this point. CLICK HERE TO READ MORE

DONE DEAL by Kerry Gold for the Globe and Mail

What they got
Built in 1998, this 3,395-square-foot home has character features that include timber beam construction, extra high ceilings and European windows and doors. The combination of exposed wood, white walls and natural light gives the two-level, 13-room house a Tuscany vibe. click here to read more.

The World Luxury Awards, an international program that celebrates the best in global luxury hospitality, has crowned The Westin Bayshore in Vancouver as the best luxury hotel in Canada.

The Bank of Canada held interest rates at 2.75 per cent on Wednesday, pointing to a mixed bag of unexpectedly strong data and the uncertainty of U.S. tariffs as reason for the hold — and some experts say, going forward, rate cuts alone won't be enough to stop an economic slowdown.

In his opening remarks to reporters, governor Tiff Macklem characterized the Canadian economy as "softer but not sharply weaker" and said the central bank's governing council was in agreement about today's rate decision. The decision marks the second consecutive hold since March.

Economists had largely pivoted from initial expectations the central bank would cut the interest rate by 25 basis points after the first-quarter GDP came in at an annualized rate of 2.2 per cent last week, which was stronger than anticipated. click here to read more

West Vancouver’s continuous seawall project is in sight following the district’s purchase of the final waterfront property in Ambleside.

For 50 years, municipal governments in West Vancouver have had a vision to make the Ambleside seawall a continuous walking path from the beach to Dundarave.

To make this dream a reality, the district has been slowly buying up 37 private waterfront homes that were preventing the path from being completed. One property belonged to the Frewer family, who purchased it in 1977.

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3000 Park Lane SOLD | The big sell: There was a plethora of interesting facts about the sale of this property in West Vancouver’s Altamont neighbourhood. Namely, the property was a vacant parcel of sloping land that contained the foundations of an old garage, but it was also owned by the District of West Vancouver. The land itself comprised high-bank waterfront with 60 feet of water frontage and beautiful 180-degree unobstructed south-facing ocean vistas. Listing agent Holly Calderwood had engaged the help of local architect Brad Lamoureux to create luxury home renderings to demonstrate what could be built. Proceeds from the sale would help fund the new Ambleside Waterfront Concept Plan but in order to find a buyer, an adjacent public beach trail was included in the sale to create a larger 0.27-acre lot. Due to initial public outcry at the closure of this trail, it was agreed that a new trail be constructed on the other side of the property.

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story by Nicola Way Vancouver Sun 

West Vancouver is home to some of the glitziest properties in the Lower Mainland, and 4580 Marine Drive is no exception. The house is a whopping 6,916 sq. ft. home on a massive lot of 14,381 sq. ft. The home contains five bedrooms and seven bathrooms. Despite the 14 attempts to earn more, the home sold for $9,300,000, just below the assessed value of $9,385,000. The land is assessed at $4.7 million, while the buildings are assessed at $4.6 million. view YOUTUBE VIDEO 

Story by Amir Ali DAILY HIVE click here to find out more