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.
Ibrahim Ali's lawyers have told the jury in his first-degree murder trial they will not be calling any evidence in defence of allegations he sexually assaulted and killed a 13-year-old girl in Burnaby, B.C.
The temporary ceasefire deal could bring the first pause in fighting in a devastating six-week war. The conflict started Oct. 7 when Hamas militants killed an estimated 1,200 people in Israel and captured roughly 240 hostages.
At approximately 7:30 this morning, Langley RCMP received reports of shots heard in the 20100 block of 84 Avenue. Police located an individual at the scene suffering from what is believed to be a gunshot wound.
Excluding gasoline, Statistics Canada says the consumer price index was up 3.6 per cent for October, following a 3.7 per cent increase for September. Prices for goods were up 1.6 per cent, while prices for services were up 4.6 per cent, largely due to higher prices for travel tours, rent and property taxes and other special charges.
The Canada Revenue Agency has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program as a result of a partially completed auditing process. The agency is releasing a report Monday that offers detailed findings of its audits of the Canada Emergency Wage Subsidy Program.
Vancouver police have released a photo of a man who they say assaulted a woman and then pointed a gun at a group of people at a SkyTrain station in late August. Police say officers who responded to the incident the evening of August 24th were unable to locate the man or the victims.