You could call it the informal launch of the election campaign – Mayor Leonard Krog is having an open house meet and greet session tonight from 5-7 p.m. at Cavallotti Hall
at 2060 East Wellington Road. It’s open to everyone and three will be refreshments.
Now that students are back in school, some of them are in safer classrooms after
seismic upgrades at Pleasant Valley and Cilaire elementary schools. The province has put $18.8 million for the upgrades, creating 590 seismically-safe seats for students. Students are back in their neighbourhood schools after they were relocated during
the upgrades. MORE
On that note, no more zooming through school zones. Kids are back in school and that means easing
your foot off the gas pedal to 30 km school zones. Cst. Gary O’Brien says it’s everyone’s responsibility to ensure kids make it to class safely. And often the worst offenders are parents who’ve just dropped off their kids at school,
If you’re looking for a home, the average single-family home in Nanaimo sold for $905,289 in August, 26 per cent more than a year ago. John Cooper
reports 72 single-family homes sold – 27 per cent fewer than last year. But they were selling faster, days on market decreased to 19 days. The average condo sold for $455,742 while unit sales are also down. The average row/townhouse sold for $580,353.
Lot prices have increased by 81 per cent to an average $758,875.
Down the road in Parksville-Qualicum the average single family home sold for $973,639 while the condos sold for
$441,637and row/townhouses $708,792. LINK TO MARKET REPORTS.
Home ownership got just a little more expensive as the Bank of Canada hiked its key interest rate by three-quarters of a percentage point today, bringing it to 3.25 per cent. Global inflation remains high while the Canadian economy
continues to operate in “excess demand.” The inflation rate was 7.6 per cent in July, down from 8.1 per cent in June as gas prices fell. The bank says its core measures of inflation continues to move up and short-term inflation expectations remain
The number of people living with dementia could triple by 2050. However, The Alzheimer Society says there may be ways to reduce the impact of the disease. The
new report, called “Navigating the path forward for dementia in Canada,” is the first volume of The Landmark Study, which has been prepared by the Alzheimer Society of Canada. The study, being released as three reports, represents the most significant
update of the dementia prevalence in Canada. MORE