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.
Vancouver police are investigating the city's latest homicide. A 34-year-old man was fatally stabbed yesterday afternoon on the city's Downtown Eastside and was found lying on a sidewalk at about 3 p.m.
Climate change has become a hot button political issue in British Columbia with opposition parties launching election-style attacks on the New Democrat government's clean climate policies. B.C. Conservative Leader John Rustad told a news conference at the legislature that the NDP's climate policies are taxing people into poverty and they don't do anything "to change the weather."
The Israeli government said it would extend the truce by an additional day for every 10 hostages released, while Hamas is promising that hundreds of trucks carrying humanitarian aid, including fuel, will be allowed to enter Gaza.
The central bank opted to hold its key interest rate steady at five per cent at its last two decision meetings as economic growth halts. It has said it is also taking into consideration that many Canadians will have to renew their mortgages at higher interest rates, meaning more economic pullback is on the way.
Immigration Minister Marc Miller says he's happy to hear that Canadians can once again apply online for tourist visas to India after two months of diplomatic tensions. The decision, which is effective as of today, was confirmed in a statement on social media by the High Commission of India in Ottawa.
India restored electronic visa services for Canadian nationals, an Indian foreign ministry official said Wednesday, two months after Canada alleged the South Asian nation was involved in the assassination of a Sikh separatist in Canada. The electronic visa was back in order on Wednesday, the official told The Associated Press on condition of anonymity as he was not authorized to speak to reporters.