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.
Surrey Mounties say charges have been laid against a wanted man who was arrested last week, allegedly while in possession of a loaded gun. Mounties say officers were patrolling on Saturday when they recognized the 42-year-old man from a previous incident.
A crane was used to extract three injured workers to safety in downtown Vancouver after a facade fell off a church building onto scaffolding. Samantha Newlove, a traffic control worker, said the incident happened on Wednesday as concrete was being pumped into a chimney on the building, which burst, toppled over and pushed over a scaffolding tower, pinning workers underneath.
One of British Columbia's first measures to combat the housing crisis is being expanded to include 13 more communities. Finance Minister Katrine Conroy says the New Democrat government's speculation and vacancy tax will now apply to 59 B.C. cities and towns.
Canadian Blood Services says almost 30 years of research and surveillance has made it clear that people who weren't eligible to donate under the travel criteria can do so safely. The agency's medical officer, Dr. Aditi Khandelwal, says lifting the ban will not impact the safety of the blood supply and will allow thousands more people to donate much-needed blood.
Joshua Kutryk has been assigned to a six-month mission that will launch no earlier than the beginning of 2025. François-Philippe Champagne, federal minister of innovation, science and industry, made the announcement today at the Canadian Space Agency headquarters, near Montreal
The threat is avian flu, which has resulted in the deaths of millions of birds from infection or culling, and has become a pervasive fear for farmers as infections spread, said Brittain, chief information officer with the BC Poultry Association.