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.
Kristen Dixon, director of Penticton's Emergency Operations Centre, says the wall provides a "buffer" as crews work to secure the rock, which was discovered earlier this week with a large crack, leading to fears it would break off and damage nearby homes. The city says crews are set to begin stabilizing the rock, but the work could take several weeks to finish.
A high-risk sex offender arrested by Vancouver police after a 10-day manhunt earlier this month remains in custody awaiting his next court date. Randall Hopley was to appear in court on Friday, but his case was put off until Dec. 8 in British Columbia provincial court.
The latest labour market survey for British Columbia says 75 per cent of the one million jobs needed over the next decade will require some level of post-secondary education or training. The survey says about 650,000 of the openings will be to replace those leaving the workforce, while the rest will be created through economic growth.
Hear from SPS Chief Constable Norm Lipinski on policing, public safety, and policing plans for Surrey in 2024.
The Opposition leader presented what he called "common sense Conservative measures" during a news conference at a Toronto synagogue, which would include re-evaluating Canada's terrorism threat level and creating an anti-hate network for faith communities. Jewish Canadians have reported a sharp rise in antisemitism and violence against synagogues and schools since Hamas militants killed 1,200 people, including hundreds of civilians, in Israel on Oct. 7.
Prime Minister Justin Trudeau is still rejecting demands for Canada to call for a full ceasefire in the Israel-Hamas war, but he says a deal to temporarily halt hostilities this week so Hamas can release hostages represents progress. Trudeau says the world needs a lasting peace in the region, including a two-state solution.