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.
Mounties say the cases of porch piracy involved drivers making deliveries for the online retailer Amazon between September and late November. Police say the company proactively identified the possible thefts and notified RCMP in Burnaby, B.C., prompting officers to search the suspects' homes, where they found as many as 32 stolen packages at one location. The stolen items ranged from a $35 Apple AirTag tracking device to a men's watch valued at more than $600.
NDP Leader Jagmeet Singh and his wife, Gurkiran Kaur Sidhu, are the proud parents of their second baby girl. Party officials say the baby is healthy and doing well, as is her mother.
A federal judge has dismissed applications from the truck driver who caused the deadly Humboldt Broncos bus crash in Saskatchewan and was fighting deportation back to India. Jaskirat Singh Sidhu was sentenced to eight years for causing the 2018 crash that killed 16 people and injured 13 others.
B-C's anti-gang enforcement unit says charges have been laid against two men who were accused of manufacturing guns and trafficking them. Justin Bos, a 38-year-old from Langley, has been charged with one count of firearms manufacturing, while 36-year-old Delta resident Matthew Whitty has been charged with two counts of possession of a restricted firearm.
Vancouver's municipal council has passed a motion aimed at removing the city's elected Park Board. At a meeting last night, council passed a motion by Mayor Ken Sim to ask the province to amend the Vancouver Charter in order to abolish the Park Board.
B-C Transit and the federal and provincial governments have combined funding of just over 90-million dollars to improve transit infrastructure to four communities. The announcement by federal Infrastructure Minister Sean Fraser, B-C’s Transport Minister Rob Fleming and B-C Transit’s C-E-O Erinn Pinkerton will allow for preliminary work for a proposed new transit centre in Saanich.