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.
The B-C government says it's launching a pilot project to support the restaurant industry. The province says it’s putting 380-thousand dollars into a two-year pilot project to help with recruiting and retaining more workers.
Mounties in Burnaby say they're investigating reports of shots being fired on a busy street in the city on Thursday. Police say they located a truck riddled with bullet holes when they arrived, but there were no injuries reported following the shooting.
Kay Matthews doesn't mince words when asked about the state of businesses fighting to survive in downtown cores across Ontario. The experiences in Ontario's cities are echoed across Canada, as downtowns grapple with high vacancy rates, the post-pandemic work culture and the prospect that crowds of office workers may never return in full.
The end of the fall legislative session comes less than a year away from B.C.'s expected election, and about three months before the New Democrat government's tabling of its February budget. Finance Minister Katrine Conroy signalled this week it will post a multibillion-dollar deficit and projects economic growth below one per cent.
The B.C. Supreme Court first-degree murder trial of Ibrahim Ali fell silent for two full minutes as Crown attorney Daniel Porte neared the end of his closing arguments. Porte was illustrating how long it would have taken Ali to strangle the 13-year-old girl he's accused of killing in a Burnaby, B.C., park six years ago, saying Ali would have had to apply "consistent and sustained" pressure.
A statement from the coroners' service says in October alone 189 people died from overdoses, which is more than six deaths a day. It is also the 37th consecutive month where at least 150 people died from illicit overdoses.