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.
Metro Vancouver Crime Stoppers is reminding people to be on the lookout for the “Grinch” this holiday season. The agency says as street crimes are hitting an all-time high, porch pirates, parking lot break-and-enters and online fraud are among the things to watch out for this holiday season.
Mounties in Surrey say a “large quantity of illicit drugs” has been seized from two locations in north of the city. Police say officers executed two search warrants in North Surrey, leading to the arrest of two people.
House of Commons Speaker Greg Fergus apologized Monday, and is now facing calls to step down, after a video message he recorded to thank the departing interim leader of the Ontario Liberals was played at the provincial party's leadership convention on the weekend. Fergus delivered the apology in the House of Commons the day after Conservative House leader Andrew Scheer gave notice on Sunday that he planned to raise a question of privilege, given the Speaker is supposed to play an explicitly non-partisan role.
A magnitude 3.1 earthquake was felt in parts of the British Columbia Interior Monday afternoon. Earthquakes Canada says it happened at 2:07 p.m. about seven kilometres northwest of Oliver, which is 390 kilometres east of Vancouver.
Private-sector forecasters in British Columbia say they agree with the government's recent projection that economic growth will slow next year. The Economic Forecast Council, an independent 13-member group, met Finance Minister Katrine Conroy on Monday and told her they foresee 0.5-per-cent growth in 2024, slightly below Conroy's recent forecast of 0.7 per cent.
Eby says the model addresses people who repeatedly overdose in a way that respects their ability to make their own decisions and avoids the risk that they won't call for help if they think they might be held against their will.