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Bank of Canada says rates will stay low for a long time.

Darpan News Desk Darpan, 15 Jul, 2020 09:52 PM

The Effect of Pandemic and lower interest rates on the Realestate market. Will house prices rise or will it fall?

Bank of Canada Signals Low Rates for a Long Time. The Bank of Canada left its key interest rate unchanged at 0.25% and says it is likely to remain at that level for at least two years as the economy gradually recovers from the coronavirus pandemic and measures to contain it.

It's also unclear how quickly consumer demand will recover due to changes in spending habits, work patterns, and social behaviour.

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Vancouver police investigates theft of wigs in the South Cambie Neighboord of Vancouver

Vancouver Police are asking for the public’s help to locate multiple wigs taken during a break-in to a hair salon near City Centre Mall last week. Two male suspects broke into JO Hair salon located at 3017 Cambie Street and stole multiple wigs, hair toppers, and hair extensions worth over $45,000 in the morning of June 3.

Vancouver police investigates theft of wigs in the South Cambie Neighboord of Vancouver

COVID-19 highlights need for better treatment of migrant labour, advocates say

Migrant-rights advocates say the COVID-19 pandemic has shown that labourers in Canada can no longer be treated like "throwaway people" as they have been in the past.

COVID-19 highlights need for better treatment of migrant labour, advocates say

Road tests for certain types of driver licenses set to resume in B.C.

The Insurance Corporation of British Columbia is resuming on-road testing for commercial licences but drivers waiting for passenger vehicle tests must hold on a little longer.

Road tests for certain types of driver licenses set to resume in B.C.

UPDATE: The Toronto Police Service is requesting the public's assistance locating a missing South Asian man.

UPDATE: The Toronto Police Service would like to thank the public for their assistance locating a missing man. Simardeep Grewal has been found safe and sound. The Toronto Police Service is requesting the public's assistance locating a missing man. Simardeep Grewal, 43, was last seen on Monday, May 25, 2020, in the Bremner Boulevard and York Street area.

UPDATE: The Toronto Police Service is requesting the public's assistance locating a missing South Asian man.

Over 190,000 repayments made to CRA - Scare Tactics for CERB FRAUD Working?

Over 190,000 repayments made to CRA - Scare Tactics for CERB FRAUD Working? When a claimant is found to be ineligible, they are contacted to make arrangements to repay an amount. The federal government is bringing in a bill to be tabled today where they are proposing changes to CERB.

Over 190,000 repayments made to CRA - Scare Tactics for CERB FRAUD Working?

Liberals push forward with COVID-19 bill despite likely impasse

The Liberals are pushing forward with a contentious piece of emergency legislation that would extend COVID-19 aid programs even though Opposition parties appear unlikely to allow it to move forward quickly.