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.
As the economy continues to outperform expectations, the Bank of Canada has chosen to act sooner rather than later to clamp down on inflation, raising interest rates by a quarter of a percentage point on Wednesday. Its key interest rate now sits at 4.75 per cent, the highest it’s been since 2001.
Connor McTavish and three companions had just planned to explore the site of a shipwreck in Alberni Inlet on Vancouver Island last month when he spotted something in the corner of his eye — a two-metre-long sixgill shark. McTavish and fellow divers Garrett Clement, Danton West and Matteo Endrizzi had made the trip from Nanaimo, B.C., to explore the waters of the inlet in late May.
Travellers from the 13 countries can qualify for the faster, cheaper option if they have either held a Canadian visa in the last 10 years or currently hold a non-immigrant visa to the United States and are travelling by air.
R-C-M-P say officers responded to a suspicious fire on Sunday at the Bankhead Convenience Store on Bernard Avenue. No injuries were reported in the fire.
Surrey R-C-M-P say 22-year-old Kwabena Bosiako left the home where he was under house arrest and removed his electronic monitoring device. They say he was awaiting trial on charges related to a robbery that happened on November 22, 2022.
The incident took place on April 11th when The Mounties say two men got into a verbal dispute over their dogs playing together at the park. Police say the suspect believed the victim's dog had injured his dog and wanted financial compensation in return.