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.
Since last March, the central bank has raised its key rate from near-zero to 4.5 per cent, the highest it's been since 2007. The central bank's next rate decision is set for Wednesday.
Trudeau said Friday that the federal government was "working very quickly" with Adastra Labs of Langley, B.C., "to correct the misunderstanding" caused by the company's statement saying it was looking at commercializing cocaine as part of its business model.
Mayor Walter Bauer told the news agency that the other man was from Munich. RCMP say nine foreign visitors and their Canadian guide were engulfed by the avalanche Wednesday.
Eby told a news conference on Thursday about funding for overdose prevention and mental health that, "if Health Canada did in fact do this," the federal agency did so without engaging the B.C. government or notifying the province.
Niki Sharma says B.C. will ask for changes to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to bring Canadian law into harmony with the United States and United Kingdom.
Adastra CEO Michael Forbes says it will evaluate how the commercialization of the substance fits in with its business model in an effort to position itself to support the demand for a safe supply of cocaine.