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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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Delta mayor sounds alarm over 'rampant' crime at B.C. port, as expansion looms

Delta mayor sounds alarm over 'rampant' crime at B.C. port, as expansion looms
A new report about policing of Metro Vancouver port terminal facilities says there's "literally no downside" for organized criminals to set up shop, and one British Columbia city is sounding the alarm. Delta Mayor George Harvie says the city commissioned the report about the Vancouver Fraser Port Authority’s Roberts Bank Terminal amid "rampant" criminal activity due to a lack of funds for policing. 

Delta mayor sounds alarm over 'rampant' crime at B.C. port, as expansion looms

Student assaulted at UVIC

Student assaulted at UVIC
Saanich Police are investigating a sexual assault in a campus washroom at the University of Victoria. A safety bulletin issued by the university says the victim was assaulted in a men’s washroom on the first floor of a campus building on Tuesday morning.  

Student assaulted at UVIC

Homicide in Chinatown: VPD

Homicide in Chinatown: VPD
Sergeant Steve Addison says the unnamed victim was attacked (near Carrall Street and East Hastings Street) just after 5 a.m. The man was rushed to hospital but was pronounced dead.  

Homicide in Chinatown: VPD

CBSA major drug bust

CBSA major drug bust
Canada Border Services Agency says it seized nearly 200 kilograms of opium concealed in shipping containers arriving in B-C. A statement from the agency says a bust on August 15th at an examination facility in Burnaby turned up 150 kilograms of opium hidden in steel machinery.

CBSA major drug bust

Health Canada authorizes updated Pfizer-BioNTech COVID vaccine

Health Canada authorizes updated Pfizer-BioNTech COVID vaccine
Health Canada has authorized Pfizer-BioNTech's updated COVID-19 vaccine for people six months and older.  The mRNA vaccine targets the Omicron XBB.1.5 subvariant that is circulating in Canada. This is the second vaccine targeting XBB.1.5 that will be available in this country. 

Health Canada authorizes updated Pfizer-BioNTech COVID vaccine

Cdn economy to resume growth in 2024: report

Cdn economy to resume growth in 2024: report
A new report from Deloitte Canada suggests the economy's near-term struggles will ease next year as the Bank of Canada begins cutting its key lending rate. The report estimates GDP will rise one per cent this year and 0.9 per cent next year. Deloitte Canada had earlier predicted GDP would contract 0.9 per cent in 2023.

Cdn economy to resume growth in 2024: report