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Fall in housing starts: CMHC

Darpan News Desk The Canadian Press, 16 Aug, 2023 10:35 AM
  • Fall in housing starts: CMHC

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.

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Illegal border crossings at pre-pandemic levels

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Slide keeps residents out of Campbell River condos

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Hootsuite lays off 7% of staff, names new CEO

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Social media technology company Hootsuite Inc. is laying off seven per cent of its staff in its third job cut in the last year and replacing its chief executive. The Vancouver company says the latest round of layoffs amounts to about 70 people and is meant to position the business for the long term.    

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B.C. officer remembered as genuine, dedicated

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Nelson Police Service Chief Const. Donovan Fisher announced Wade Tittemore's promotion at his funeral service today, saying they had already planned to move the constable up to their general investigation section before he died. Tittemore, who was 43, died while off duty when an avalanche rolled over him and a co-worker Jan. 9 while they were skiing in the backcountry in southeastern B.C.

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B.C. signs 'historic' deal with First Nation

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The agreement, signed Tuesday with the Blueberry River First Nations in northeastern B.C., includes a $200-million restoration fund and timelines for coming up with plans to manage watersheds and oil and gas activities in parts of the First Nations' claim area, which covers four per cent of the province.

B.C. signs 'historic' deal with First Nation