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.
The Canadian Medical Association, the Canadian Nurses Association and HealthCareCAN, an association representing health organizations and hospitals, have issued a list of steps governments should take to fix the country’s health-care system.
A police statement says the 24-year-old was shot late Thursday night and was rushed to hospital but is not expected to survive. A second shooting was reported about four kilometres away in the neighbouring municipality of Delta, roughly an hour after the Surrey attack.
Via release, police say that this is a targeted shooting and appears to be related to the Lower Mainland Gang Conflict and the victim was the target. The victim has been transported to the hospital for treatment.
A bill introduced by the Liberal government to temporarily double the rebate became law last month with unanimous support from opposition parties. The NDP has long advocated for the measure to help low- and modest-income Canadians cope with the rising cost of living.
RCMP were called to the 92nd Avenue and King George Boulevard area in the neighbourhood of Whalley just after 10 p.m. Thursday for a report of a shooting. When officers arrived, they found the injured victim.
The province's online drought map shows most of southern B.C., including east Vancouver Island and Metro Vancouver, is now ranked at drought Level 3, which means adverse drought impacts are possible. That's a drop from the most severe Level 5 rating, which covered much of the Island and inner south coast until this week.