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.
The central bank is expected to raise its key interest rate by half or three quarters of a percentage point on Wednesday in an effort to clamp down on decades-high inflation, making it the sixth consecutive rate hike this year.
On March 19, 2021, Richmond RCMP officers responded to the 22000-block of Rathburn Drive to assist with a structure fire. The deceased were identified as brothers, Chaten Dhindsa, 25 and Joban Dhindsa, 23, both of Richmond. The injuries sustained by the Dhindsa brothers were consistent with a homicide.
Some restaurants and bars are starting to book holiday parties, both corporate and personal, but it remains to be seen whether bookings will return to pre-pandemic levels, There are also fears that the winter could bring a wave of cancellations, after last year’s holiday season saw COVID-19 cases skyrocket, and many establishments chose to close their doors for New Year’s Eve.
The PBO recently estimated that the dental benefit will cost $703 million, while the rental support will cost up to $940 million. The dental benefit is meant to be an interim measure while the government works on a more complete dental-care program.
The three newly appointed justices include Anita Chan, a Crown prosecutor with 27 years of experience, Joseph Doyle, a private practice lawyer with experience in civil, criminal and administrative law, and Kevin Loo, a former appeal court law clerk and now partner in a Vancouver law firm.
Food retail prices in September rose at the fastest pace since 1981, with prices up 11.4 per cent compared with a year ago. That compared with an overall inflation rate of 6.9 per cent. Although the inflation rate has dropped from its peak of 8.1 per cent in June, food prices are outstripping the overall consumer price index and continue to rise.