An economist says the Canadian housing market could be in for a rebound this year after a cautious 2023.
T-D Bank economist Rishi Sondhi says that optimism depends largely on the forecasts of the Bank of Canada cutting interest rates, which may begin as early as the second quarter.
Home prices softened in several areas late last year, including in the Fraser Valley.
Vancouver Realtor Tim Hill says he is optimistic of consumer sentiments slowly shifting as prices improve in recent months.
Delta police are investigating after a targeted shooting sent one person to hospital. Police say the shooting happened at around 5:45 p-m yesterday at 82nd Avenue between 110th and 112th streets.
The British Columbia government is stepping up penalties for truckers who crash into highway overpasses after a rash of such incidents in recent years. Transportation Minister Rob Fleming says the province will implement escalating penalties for companies and drivers with repeat offences, adding longer suspensions and the possible loss of their operating certificate.
More than 50 poultry farms in British Columbia have been infected with avian flu since October, but animal health officials say that rate is slowing as the fall migration of wild birds ends. The Canadian Food Inspection Agency said Thursday 47 commercial farms and five small-flocks have been infected with the highly pathogenic H5N1 virus this fall.
British Columbia's Coroners Service says there's been a sharp increase in deaths among people experiencing homelessness. A statement from the coroners service says the deaths of 342 people experiencing homelessness were reported last year, an increase of almost 140 over the past two years.
Coquitlam R-C-M-P say they are looking for a man who stole a Salvation Army donation kettle from a local mall. Police say the theft happened on December 3rd at Coquitlam Centre Mall's southeast entrance facing Pinetree Way.
British Columbia's provincial government says it is going ahead with the construction of a $638-million "state-of-the-art" research centre at the new St. Paul's Hospital in Vancouver. Premier David Eby said at a news conference after touring the construction progress at the new hospital that the province has approved the business plan and funding for the new research facility.