Darpan News Desk The Canadian Press, 08 Jan, 2024 12:04 PM
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.
Vancouver police say a 61-year-old man with a gun was arrested by a dog team after he robbed a bank in East Vancouver. They say the man was treated for a minor dog bite yesterday.
Mounties have released a photo of a suspect who stole about 20-thousand-dollars worth of jewelry from a Langford store. West Shore R-C-M-P say a man tried on several necklaces at West Shore Jewelry on Saturday then took off without paying.
British Columbia's chief coroner Lisa Lapointe says she's a hopeful person, but she is leaving her office frustrated and disappointed. Angry, even, with drug overdose deaths expected to hit record levels this year. The B.C. Coroners Service issued a public safety warning Wednesday, citing increases in overdose deaths "above earlier indications," when 189 deaths were reported in October.
Police have arrested a man who allegedly smashed several vehicle windows in the parking lot of Eagle Ridge Hospital in Port Moody. Police say officers were called to the hospital on Monday just before 9 p-m after a man allegedly smashed the windows of vehicles parked in the lot, then threatened a security guard before fleeing.
Vancouver business owners and residents will face a property-tax increase in 2024, but it’s smaller than last year’s double-digit spike. Vancouver's city council has approved a 7.5-per-cent property-tax increase in 2024.
BC is facing a number of weather warnings related to heavy snowfall and wintry conditions. Environment Canada has issued snowfall warnings in Whistler, the North Thompson region and Highway 1 from Sicamous to Golden, with accumulations of up to 20-centimetres expected in some areas.