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.
To help those impacted by these catastrophic earthquakes, Surrey based radio station CKYE 931 is doing a fundraiser on Feb 16, 2023. Funds raised will benefit the Canadian Red Cross.
On Tuesday, Police received a report of a man believed to be following a group of walkers and another report of a man performing an indecent act. In both instances, the man was described as Caucasian, 17 to 25-years-old with a slim build and dirty blonde hair.
Ottawa has offered more than $46 billion to provinces and territories to augment the Canada Health Transfer but the country's premiers say they're "disappointed" with the amount.
Rep. Brian Higgins is asking Secretary of State Antony Blinken to officially object to Canada's new federal tax on underused, foreign-owned housing, which is coming due in April. The one per cent levy applies to certain foreign non-resident owners of Canadian property located in areas with a core population of at least 10,000 people.
Justice Mary Newbury writes that the lower-court ruling was "tainted" in several ways, including by failing to link Hells Angels' efforts to avoid criminal detection with the club's demonstrated “penchant for secrecy” and “preoccupation with rats and snitches."
The victim was crossing Cambie Street at West 41st Avenue at 9 a.m. on February 14 when she was struck by a flatbed transport truck that was making a right turn to head south on Cambie. She sustained serious injuries, and remains in hospital.