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 injuries sustained by the teenager required hospital treatment. Following a thorough investigation, police identified and arrested the suspect. 30-year-old Devin Monteleone of Burnaby, BC, has been charged with the assault causing bodily harm.
The British Columbia recall petition launched against Harwinder Sandhu, the member of the legislature for Vernon-Monashee, was a failure. Elections BC says in a statement the recall petition was not submitted by the Oct. 11 deadline under the Recall and Initiative Act.
Retail experts have said Aritzia has successfully developed a faithful customer base in recent years, and that momentum is expected to continue. They said Aritzia is somewhere between luxury and fast-fashion, selling to middle-class and upper-middle-class consumers. Liza Amlani of Retail Strategy Group said the brand is seen as “aspirational” to many shoppers.
Horgan, who will step down as B.C. premier later this year, made the comment in an interview with C-FAX Radio in Victoria. Danielle Smith was sworn in yesterday as Alberta's new premier after the United Conservative Party elected her in a leadership race to replace Jason Kenney as leader and premier.
A preliminary report released by the service shows there were 247 deaths of people experiencing homelessness last year. Chief coroner Lisa Lapointe says many homeless people are facing significant health concerns, including physical disabilities, mental-health challenges and substance-use issues.
Coquitlam Front-line officers attended the area of Sunnyside Road and East Road in Anmore after a male suspect assaulted a taxi driver with a beer bottle. The male suspect hit the glass partition inside the taxi causing the glass to shattered.