The annual pace of housing starts in July fell 10 per cent from June when they posted their strongest showing of the year.
Canada Mortgage and Housing Corporation reports the annual pace of urban starts was down 11 per cent, the rate of multi-unit urban starts fell 12 per cent and the pace of single-detached urban starts dropped four per cent.
C-M-H-C says housing starts fell 23 per cent in Vancouver but rose 33 per cent in Calgary.
Vancouver-based Telecom giant Telus is reporting a dismal second quarter and it's responding by cutting six-thousand jobs -- just under six per cent of its workforce. Telus says four-thousand jobs will be cut from its main operations while a further two-thousand jobs will be trimmed at Telus International.
The tentative contract between the union and the BC Maritime Employers Association was announced on Sunday, a day after federal Labour Minister Seamus O'Regan directed the Canada Industrial Relations Board to impose a deal or binding arbitration if it decides a negotiated resolution isn't possible.
The jobless rate went up for a third straight month in July, rising to 5.5 per cent as the economy struggles to create enough jobs to match Canada's rapidly rising population. Statistics Canada reports the economy lost 64-hundred jobs.
Health Canada has approved the first vaccine for respiratory syncytial virus (RSV) for adults age 60 and over. Manufacturer GSK says the federal agency has approved its new vaccine called Arexvy. RSV season in Canada usually starts in the late fall and lasts until spring.
Starting today, the Vancouver Board of Parks and Recreation is reducing the amount of water used at parks and green spaces to conserve drinking water. The board says all esthetic water features including ponds and fountains will be turned off and park lawns will not be watered.
The Vancouver International Airport says it’s gearing up for a busy long weekend by launching a new tool to help travellers get to their gate on time. A new Q-R code called Y-V-R TimeLine allows travellers to check if they are at risk of missing their plane by entering their flight number.