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.
A 40-year-old pedestrian was struck at 9:30 p.m. while crossing East 1st Avenue at Woodland Drive, suffering life-threatening injuries. She remains at hospital in critical condition. The driver remained at the collision scene, and neither speed nor alcohol are considered factors.
That includes a new tax credit worth 15 per cent of investments made to build new renewable energy infrastructure, including wind and solar plants, nuclear reactors, emissions-trapping natural gas plants, new transmission lines between provinces and territories and stationary electricity storage, such as batteries.
The accused, Inderdeep Singh Gosal, was arrested at the scene moments later when bystanders flagged down a constable patrolling the area, police said. The 32-year-old has been charged with second-degree murder and a hearing has been scheduled in Vancouver provincial court on April 11.
The suspect was observed on CCTV and is described as a Caucasian male wearing a black hoody with white designs, a blue jacket, dark pants, Nike runners and a black baseball cap.
The confidence-and-supply agreement requires the government to table legislation on pharmacare by the end of the calendar year in exchange for the NDP's support on key votes in the House of Commons.
Lululemon, which keeps its books in U.S. dollars, reported after the close of markets Tuesday that it earned net income of US$119.8 million or 94 cents per diluted share for the quarter ended Jan. 29 as it recorded post-tax impairment and other charges related to its Mirror business totalling US$442.7 million.