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.
Ten days after being sworn in as Premier of British Columbia, David Eby was at SFU’s Surrey campus to announce $4.9 million in start-up funding for the medical school on Monday and to share some of the first details about the school, which is aiming to accept it first students by September 2026.
Witnesses told police the man slapped a woman, assaulted a cyclist, then tried to attack someone who was walking amongst a group of people outside Nester’s Market. He also allegedly tried to start a fight near the Metropole Pub and brandished a weapon before being confronted by police.
Crowds in China angered by the anti-virus controls have called on leader Xi Jinping to resign in the biggest show of public dissent in decades. The regime has eased some of its strict controls after demonstrations in at least eight mainland cities as well as Hong Kong.
Canada's Justice Department says Aydin Coban was taken back to his home country on Nov. 24, where he will continue serving a nearly 11-year sentence imposed by a Dutch court in 2017 for similar crimes involving more than 30 youth.
The Bank of Canada's aggressive interest rate hikes this year have raised the cost of interest charges it pays on settlement balances deposited in the accounts of big banks. That's while the income the central bank receives from government bonds it holds remains fixed.
The Canadian government is looking to curb domestic plastic pollution by the end of the decade as negotiations toward a formal plastics management treaty begin this week in Uruguay. Canada is one of nearly three dozen countries lobbying heavily for an international agreement that would end global plastic pollution by 2040.