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.
With a PhD in political science, Stewart Prest researches, writes and teaches about various areas of political science, including provincial and federal Canadian politics and institutions. In an exclusive interview with DARPAN Magazine, he talks about the BC Premier - John Horgan stepping down and the future of BC politics.
The Immigration, Refugees and Citizenship Canada document released this week says the department needs to be more open-minded and self-critical in response to criticisms like those it received about the government's handling of Ukrainian refugees this year compared to Afghans fleeing the Taliban in 2021.
The Integrated Homicide Investigations Team says the Jeep YJ was located in Bridal Falls Friday, but 50-year-old suspect Eric Shestalo remains at large. Police say they responded to a report of two women and a man suffering from gunshot wounds at a home on Thursday and investigators believe the suspect was known to the victims.
Crews are expected to begin planned ignitions to remove fuel between the fire and preidentified natural control lines. The blaze has destroyed at least six properties and forced more than 100 people from their homes on the west side of the Fraser River, northeast of Vancouver.
“After a two-year hiatus, BC's most beloved event is returning with a bang!” explains Paul Runnals, Executive Producer with Brandlive. “Featuring competing teams from Japan, Canada, and Spain, live music, food trucks and the return of both the Red Bull Air Show and the iconic Canadian Snowbirds presented this year by Concord Pacific, you won't want to miss the excitement happening throughout English Bay.”
Mr. Mark Collins who had been appointed CEO of BC Ferries in 2017 has been fired. BC Ferries is bringing on board Jill Sharland as Interim President and CEO of BC Ferries effective immediately.