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.
Health Canada says that four pharmaceutical companies are experiencing shortages of drugs that contain amoxicillin, an antibiotic medication that’s commonly used to treat children with bronchitis, pneumonia and ear infections.
The meetings in Vancouver are the first time all of Canada's health ministers have gathered in person since 2018. The premiers met in July, when they asked the federal government to increase health transfers to 35 per cent, up from what they said was 22 per cent funding.
Strong winds continue to buffet parts of coastal B.C. and the central Interior, packing gusts of at least 110 kilometres per hour along the north and central coasts, pushing wind chill factors in Terrace and elsewhere to -20 or lower.
The service says 171 people died of toxic drugs in September, bringing the total for the year to 1,644, the largest number ever recorded for the first nine months of a calendar year.
Immigrants who arrived in Canada over the past five years had an employment rate of 70.7 per cent, a higher rate than October 2019, pre-pandemic, the Labour Force Survey data 2022 released by Statistics Canada said.
The meeting comes after Canada's premiers met in Victoria last July, where they asked Ottawa to boost the Canada Health Transfer, the money each jurisdiction gets for health care, to 35 per cent, up from what they said amounts to 22 per cent.