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 RCMP say that police arrived and found two victims with multiple gun shot wounds. They say officers immediately provided first aid until Emergency Health Services arrived and transported the victims to hospital.
Adam Loria, a spokesman for Calgary Emergency Medical Services, says all the people sent to hospital are adults. He says six people were in life-threatening condition and four received serious injuries.
37-year-old Craig Truckle of Nanaimo and of no fixed address has been arrested in connection with the March 12th shooting which sent a 39-year-old man to hospital with serious injuries. At approximately 11 pm on Wednesday Truckle was arrested without incident in downtown Nanaimo by front line officers and taken into police custody.
The funeral for Const. Travis Jordan, who was 35, and Const. Brett Ryan, who was 30, is planned to be held in the afternoon at the home arena for the Edmonton Oilers of the National Hockey League. The service is not open to the public but there will be a livestream, which is to be broadcast in an outdoor plaza near the arena.
The changes will take effect on March 31. The border agency first restricted hours at land border crossings in April 2020, closing many points of entry early and stopping 24-hour service at seven crossings.
Auditor general Karen Hogan says in the report that Via Rail and the Canadian Air Transport Security Authority have made accessibility improvements over the last several years, but serious gaps still remain.