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 csays Statistics Canada data points to a 40 per cent decline in citizenship uptake since 2001. The group's CEO, Daniel Bernhard, calls the drop alarming and says it should serve as a “wake up call” to improving the experience newcomers have in Canada.
Trudeau is participating as a special guest at the summit of 20 Caribbean leaders in Nassau as the group celebrates its 50th anniversary. His office said the trip will allow leaders to consider political, security and humanitarian assistance to Haitian people and "Haitian-led solutions to the ongoing situation."
The 10-person Burnaby Urban Search and Rescue team, comprised of mostly first responders from the city's fire department, flew to Turkey with the blessing of the country's government. Arriving in Vancouver on a flight from Istanbul, members of the team touched down Tuesday afternoon following a weeklong deployment in the Turkish city of Adiyaman.
Health Minister Jean-Yves Duclos says he expects Ottawa and B.C. to soon reach a flexible bilateral action plan on health issues involving family care improvements, mental health services, front-line worker supports and modernizing the work environment.
The company, which reports in U.S. dollars, says in the fourth quarter it faced dampened new home construction in the U.S. due to high interest rates, which weighed on its lumber business in particular.
The committee launched a study of the Russian military buildup at the border with Ukraine shortly before Moscow chose to invade the country a year ago. Since then, Ottawa has sanctioned hundreds of people linked to Russia's war effort, as well as officials accused of human-rights breaches from Haiti to Sri Lanka.