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.
Indian-origin MP Chandra Arya marked Canada's first Hindu Heritage Month beginning frorm November to acknowledge and celebrate contributions made by Hindus to make the country strong and prosperous. The Canadian House of Commons had passed a unanimous resolution moved by Arya earlier this year to have November proclaimed as the Hindu Heritage Month.
Via release, police say they found a 25-year-old man suffering from gunshot wounds. He was transported to hospital where he is in stable condition. According to Mounties, initial indications are that this is an isolated incident and involves parties known to each other.
The total health spending in Canada is still expected to rise by 0.8 per cent this year, however that's much lower than the 7.6 per cent increase seen in 2021, and the 13.2 per cent surge in 2020. The annual report released Thursday said the country's health spending, including public and private expenditure.
Environment Canada says downpours over the inner south coast, including eastern Vancouver Island, Sunshine Coast and Metro Vancouver will deliver between 30 and 70 millimetres of rain. But it says chilly conditions could mean the rain falls as wet snow at slightly higher elevations across Metro Vancouver before conditions warm up on Friday.
When restructuring at the Vancouver-based company was announced in August, CEO Tom Keiser said Hootsuite needed to refocus its business so it could drive efficiency, growth, and financial sustainability.
The Prime Minister's Office says Trudeau will attend the Association of Southeast Asian Nations summit on Nov. 12 in Phnom Penh, Cambodia, before heading to the the G20 Summit in Bali, Indonesia.