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.
A single application process is being created, and Eby says permit and authorization decisions will be expedited through a cross-ministry team focused solely on processing housing permits. He says 42 new full-time staff will be hired to identify the highest-priority housing and will steer those through the process quickly and efficiently.
Chou and her former partner Danny Chen, who was not living there but was still listed as a tenant, have been ordered to pay the Langara Gardens apartment building more than $512,000 for damages caused by the fire. The fire spread to other apartments, and the court ruled Chou will also pay $56,000 to Langara Gardens for the rent lost while 10 units were repaired.
A 54-year-old woman, Nev Bains, was last seen at her North Delta home that morning. Nev’s car has been located in the Bridgeview area of Surrey. Nev is described as 5’3” tall, approximately 140 lbs, with medium-length black hair.
In the early morning hours on Sunday, at 5:04am, Surrey RCMP responded to the report of a two vehicle collision at the intersection of 152 St and Guilford Dr. Sadly one of the occupants died at the scene.
The plan stems from a council resolution passed in November that would help clean up Chinatown's streets, alleys and sidewalks, remove litter and needles, halt any new graffiti, remove old tags and address vandalism and other problems. Costs are pegged at just over $2.1 million this year.
The return to work comes at a fraught time for public transit in the national capital region, where the federal government has a majority of its offices. An ice storm that hit Ottawa on Jan. 4 caused the city's light rail transit system to partially shut down for six days.