Canada Mortgage and Housing Corporation is predicting home prices and sales will fall from last year's levels by December.
But the federal housing agency says the declines won't blunt much of the market's heat.
Chief economist Bob Duggan says home ownership will be less affordable in the near-term because of higher mortgage rates and high price levels.
He also expects rental affordability will likely decline as well.
Mohammed Abu Sayed, 69, was given a six-month conditional sentence that includes two months house arrest, followed by 18 months of probation. During that time, he is banned from operating any ride-share vehicle, taxi, limousine or any other mode of transportation for remuneration.
Canada's alcohol industry is pushing back against a call for mandatory warning labels on booze containers as suggested in new guidance that also greatly limits the recommended amount Canadians should be drinking. CJ Hélie, president of Beer Canada, said the industry is voluntarily informing people to drink responsibly so there's no need for any labels.
On December 11th of last year, 38-year-old Marc Ellis of Abbotsford, tragically lost his life after being struck by a 2019 red Dodge Ram pickup truck while attempting to rescue a dog running on the roadway. Abbotsford Police have identified the truck's owner, an Abbotsford business. To date, the business owner is not cooperating with the police investigation.
Barinder Singh, who hails from Punjab and had moved to Edmonton in 2019 along with family, was asleep when intruders broke into his house at Mill Woods Road and started firing, the Global News reported. Police responded to a disturbance around 2.45 a.m., and found an injured 51-year-old man lying in a pool of blood.
The BC General Employees' Union and Health Employers Association announced the agreement Monday, saying it was reached early Sunday morning. The contract covers 21,700 people who work in private homes, group homes, residential living centres, child development, mental-health centres and other programs around B.C.
The drivers, both of whom were males in their 20s, were issued tickets for Excessive speed and Drive without Due Care and Attention totaling over $ 1500. Their vehicles were also impounded for 7 days, however, both vehicles may well be written off due to the extent of damage.