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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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Eyes on the weather as fierce wildfire rages, forces evacuations in northeastern B.C.

Eyes on the weather as fierce wildfire rages, forces evacuations in northeastern B.C.
The extreme fire activity prompted the District of Tumbler Ridge to skip an evacuation alert Thursday and jump right to an order requiring all 2,400 residents to get out immediately and seek refuge in Dawson Creek or Fort St. John.  

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'These are the rules': Canada to deport Sikh family to India

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Hardeep Singh Chahal, his pregnant wife Kamaldeep Kaur and their three-year-old daughter, who live in Penticton, were given deportation orders last month for reasons withheld for privacy reasons, the Houston Today newspaper reported.

'These are the rules': Canada to deport Sikh family to India

Canada invites 4,800 candidates for Express Entry draw in June

Canada invites 4,800 candidates for Express Entry draw in June
The 14th draw of the country's flagship economic immigration management system on Thursday follows the most recent draw on May 24 in which 4,800 candidates with a minimum CRS score of 488 were invited.

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Jobless at 5.2 per cent: Statistics Canada

Jobless at 5.2 per cent: Statistics Canada
The jobless rate rose to 5.2 per cent in May, ending a streak of eight months of job gains. T-D director of economics James Orlando says the question now is whether this is a one-off, or the start of a trend.  

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Bus carrying students catches fire in Chilliwack

Bus carrying students catches fire in Chilliwack
The City of Chilliwack says no injuries were reported and crews contained the blaze about 95 kilometres east of Vancouver. B-C Hydro says power went out for nearly 25-hundred customers as a result of the fire.  

Bus carrying students catches fire in Chilliwack

Surrey Arson suspect charged

Surrey Arson suspect charged
Two fires occurred in the northwest part of the city on May 28th, less than 12 hours apart. There were two businesses on the lower level as well as a residential units on the upper level of the building that sustained significant fire and water damage.

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