Darpan News Desk The Canadian Press, 09 Oct, 2023 10:14 AM
It is a conundrum that has faced countless homebuyer in recent years -- choosing a fixed- or variable-rate mortgage
That question has taken on even more significance following the Bank of Canada's recent run on rate hikes.
Meridian Credit Union's Allison Van Rooijen says she's seeing borrowers increasingly opt for fixed-rate mortgages because of the stability they offer.
Another trend she notices among fixed-rate borrowers is they're opting for shorter terms than the typical five-year loan as they take a wait-and-see approach to where interest rates are headed next.
Rota issued a written apology Sunday and repeated it in the House Monday morning. He said he alone was responsible for inviting and recognizing Yaroslav Hunka last Friday, who fought for the First Ukrainian Division during the Second World War.
Summerland R-C-M-P say a 10-year-old girl reported on Sept. 20 that a Caucasian male about 40 years of age approached the girl in his red truck while she was walking along Kelly Avenue on her way to Giants Head Elementary. Police say the man asked the girl if she wanted a ride to school, prompting the girl to run away in the opposite direction.
Police say one person is dead after a shooting in Richmond over the weekend. Richmond R-C-M-P say officers were called to the area of Cooney and Anderson roads on Sunday just before 5 a-m to investigate reports of shots being fired.
Rain and a wind storm are expected for much of British Columbia's coast, bringing gusts as strong as 110 kilometres per hour. Environment Canada warnings cover both northern and eastern Vancouver Island, as well as Victoria, portions of the Sunshine Coast and Haida Gwaii.
British Columbia is providing more money to rural, First Nations and volunteer fire departments across the province to help upgrade equipment and training. The announcement includes 1.75-million-dollars for the Fire Chiefs' Association of B-C to provide fire training for rural and First Nations fire departments.
Canadian Prime Minister Justin Trudeau had told his country’s lawmakers on Monday that Canada is probing “credible allegations” of Indian government's involvement in the killing of pro-Khalistani leader and Canadian citizen Hardeep Singh Nijjar outside a gurdwara in Surrey, British Columbia, on June 18. The Indian government has strongly denied the allegations, calling them "absurd".
