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.
The British Columbia government is offering groups affected by hate crimes up to $10,000 each in a bid to combat what it says is a spike in racially motivated incidents across the province. Premier David Eby said Wednesday the province will also launch a racist incident helpline starting in the spring to refer victims who experienced such attacks to counselling and other support services.
Israel began its latest war against Hamas, which Canada has listed as a terrorist entity since 2002, after its militants killed 1,200 people in Israel on Oct. 7. That included hundreds of civilians in their homes, in collective farming communities known as kibbutzim and at an outdoor music festival. Another 240 people were taken hostage.
The government's newly acquired Airbus CC-330 taxied to a stop at San Francisco International Airport, where Kirsten Hillman, Canada's ambassador to the U.S., led a coterie of emissaries who greeted the prime minister as he disembarked.
Christmas tree sellers in the Lower Mainland are warning of a widespread shortage of evergreens, partially due to the ongoing climate crisis, hotter summers and longer droughts. Ben Degroot, the operations manager at Evergrow Christmas Trees, says at the moment, they have a healthy supply of trees, but he's expecting to sell out before December.
Kelowna R-C-M-P are praising two members of their canine unit in the arrest of a break-and-enter suspect with outstanding warrants from Mission, Abbotsford and Ridge Meadows. Police were called to a home early this morning for a report of a break-and-enter in progress.
The Vancouver International Airport says a 3.5-million-dollar investment by the federal and provincial governments will go towards improving the main terminal's building performance and to reduce its overall emissions.