Darpan News Desk The Canadian Press, 16 Aug, 2023 10:35 AM
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.
On Wednesday at approximately 7:53 p.m., Surrey RCMP were on scene of a motorcycle collision occurred on 64 Avenue just west of Fraser Highway. One person has been transported to local area hospital with serious possibly life threatening injuries.
Nathan Tidridge with the Institute for the Study of the Crown in Canada says schools are missing out on a chance for students a chance to learn about the monarchy while still acknowledging mixed feelings about its place within Canadian society and governance.
Officers and an ambulance were called Wednesday night to a report of a baby found in a parking lot in the city. Police say it's believed the baby had been recently born, possibly in the area.
The prime minister has a series of meetings and events, during which he is expected to promote Canada as a trade and investment partner for American businesses. One topic that has been garnering a lot of attention, is what Ottawa is planning for its critical minerals sector.
On global markets, the price of grains, vegetable oil, dairy and other agricultural commodities has fallen steadily for months. But the relief hasn't made it to the real world of shopkeepers, street vendors and families trying to make ends meet.
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.