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 incoming storm is also expected to deluge parts of Metro Vancouver, including Coquitlam and Maple Ridge, with more than 100 millimetres of rain before it eases late Sunday and the weather office says rainfall warnings are likely to be issued as the forecasts are refined.
Dental care is a pillar of the supply and confidence deal between the Liberals and the NDP. The Liberals promised to launch a federal dental care insurance program by the end of 2022, starting with coverage for children from low- and middle-income families.
Under the bail conditions, Polman is prohibited from possessing a cellphone or any other device capable of connecting to the internet, and from driving any motorized vehicle. She cannot possess any documents related to a terrorist group or leave B.C. without the consent of her bail supervisor, and she must be electronically monitored and abide by a 9 p.m. curfew.
The report, which looked at data from more than 4,750 food banks and community organizations, said the skyrocketing cost of food and housing, as well as high inflation and lowsocial assistance rates, have contributed to the rise in food bank usage. Kirstin Beardsley, the CEO of Food Banks Canada, called the numbers "devastating."
According to public accounts documents released Thursday, the federal deficit for the 2021-22 fiscal year was less than expected because of Canada's strong economic recovery from the pandemic and the winding-down of pandemic supports. The federal deficit was $90.2 billion, while the 2022 budget projected it would come in at $113.8 billion.
The Office of the Premier says in a news release that the ceremony to make Eby B.C.'s 37th premier will take place at Government House, with further details to be provided soon. Eby became premier-designate last week after being acclaimed as leader of the New Democrats, about four months after Horgan announced his impending retirement for health reasons.