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 in Coquitlam say they're looking for witnesses and video footage of a shooting Thursday afternoon. Coquitlam R-C-M-P say nobody was injured in the shooting, which happened before 3 p-m around Johnson Street and Glen Drive.
Environment Canada has also issued snowfall warnings for a number of areas in B.C. as a low pressure system from the Pacific Ocean approaches after an unusually warm December. The weather agency says the area around Whistler and the Howe Sound can expect accumulation at elevations above 400 metres, with the ski resort community getting as much as 15 centimetres.
Narinder Sandhu is described as a 69 year old South Asian Male. He is 5"7 with a slim build with white facial hair. He is believed to be riding a white Infinity mountain bike. Anyone with information on the whereabouts of Narinder Sandhu is asked to contact the Surrey RCMP at 604 599 0502.
Police in Abbotsford say they handed out close to 300 traffic tickets and impounded more than 100 vehicles in what it called "project joyride." The department’s traffic enforcement unit spent numerous shifts in October and November focusing on high-risk driving behaviours such as speeding and street racing.
B.C.'s Transport Ministry says in a statement it has reached out to counterparts in Alberta about the suspension of the safety certificate for Chohan Freight Forwarders' 65-truck fleet. The statement came after social media users shared photographs they said were taken in B.C. this week that showed trucks branded "Chohan Group" and "Edmonton." A truck operated by Langley, B.C., based Chohan Freight Forwarders was involved in the Dec. 28 crash that lodged a steel girder in an overpass over Highway 99 in Delta.
British Columbia's government has been fined more than $700,000 after inspectors say they found unsafe wildfire mitigation practices at a site in the province's northeast. A summary posted online by WorkSafeBC says inspectors went to a site near Wonowon, B.C., where trees were being cut down to reduce wildfire fuel, finding evidence of unsafe cuts.