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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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RCMP investigate Surrey homicide

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RCMP investigate Surrey homicide

2 cars hit 10 year old boy

2 cars hit 10 year old boy
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2 cars hit 10 year old boy

Chief of small Okanagan, B.C., brigade says 13 firefighters lost own homes to blaze

Chief of small Okanagan, B.C., brigade says 13 firefighters lost own homes to blaze
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Chief of small Okanagan, B.C., brigade says 13 firefighters lost own homes to blaze

China wants more Canada flights after COVID-19 turbulence, despite tour-group ban

China wants more Canada flights after COVID-19 turbulence, despite tour-group ban
Beijing and Ottawa are in talks over how to increase flights between China and Canada, following an American deal in June. Transport Canada says the weekly number of flights between the two countries has dropped drastically, from more than one hundred per week in the summer of 2019 to just 10 this season.

China wants more Canada flights after COVID-19 turbulence, despite tour-group ban

Trudeau in Okanagan to meet firefighters, as final travel ban lifted for Kelowna area

Trudeau in Okanagan to meet firefighters, as final travel ban lifted for Kelowna area
Prime Minister Justin Trudeau is in the Okanagan in the BC Interior to meet with firefighters, volunteers, and officials involved in the region's wildfire fight. Trudeau's visit comes after the last travel restriction of the Okanagan was lifted, alongside all previous evacuation orders within the city of Kelowna, with wildfires diminishing since after recent rainfall. 

Trudeau in Okanagan to meet firefighters, as final travel ban lifted for Kelowna area

Home invasion in Fort Nelson

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A 36-year-old man is in custody after an alleged home invasion in Fort Nelson left a homeowner with serious but non-life-threatening injuries. Mounties say they received reports of the incident on Wednesday night, when the attacker reportedly entered a home on Boundary Road and took keys from a rack.

Home invasion in Fort Nelson