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Canadians struggling with monthly mortgage

Darpan News Desk The Canadian Press, 23 Oct, 2023 10:12 AM
  • Canadians struggling with monthly mortgage

An Angus Reid poll suggests 15 per cent of Canadians are struggling with their monthly mortgage payments.

That's up from eight per cent in March and 11 per cent in June.

And a whopping 79 per cent of those surveyed are worried or very worried they will face higher payments when it comes time to renew their mortgage.

That's despite expectations the Bank of Canada will hold its key interest rate steady at five per cent when it announces its next decision Wednesday.

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1 in hospital in Burnaby crash

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Environment Canada says first snowfall of the season expected in B.C.

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Wine in select grocery stores

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Vancouver's city council has approved bylaw amendments to allow the sale of wine on shelves in certain grocery stores. Mayor Ken Sim says in a statement the decision will make shopping more convenient and support British Columbia's wine industry.

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Arrest in fatal shooting: VPD

Arrest in fatal shooting: VPD
VPD officers responded when two men were shot near Victoria Drive and East 28 Avenue on September 10 just after midnight. Both men were taken to hospital for serious injuries. Zuhoruddin Mansoori, 35, died on Monday morning from his injuries. The second victim is recovering. VPD homicide detectives arrested one man on October 18.

Arrest in fatal shooting: VPD

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