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.
Police in Abbotsford are warning the public of a rise in the so-called "grandparents scam." Authorities say fraudsters posing as lawyers are calling seniors, suggesting a family member is either in jail and needs bail money, or has been in an accident and needs to pay for damages.
British Columbia's transportation minister says 130 kilometres of highway that was severely damaged by flooding two years ago is now more resilient to extreme weather. Rob Fleming says the stretch of the Coquihalla Highway, or Highway 5, between Hope and Merritt, B.C., is an example of a "new normal" for how infrastructure needs to be built.
Two more people with ties to Canada left the Gaza Strip for Egypt today, as hundreds seek to flee a worsening humanitarian situation in the besieged Palestinian territory. Global Affairs Canada says it has helped 358 Canadian citizens, permanent residents and their relatives exit the war-torn territory, while another nine have managed to get out through other means.
A clubhouse that once belonged to a Vancouver Island chapter of the Hells Angels is being demolished, just weeks after a court ruling confirmed the B.C. government has the right to seize the property. Mike Farnworth, minister of public safety and solicitor general, says in a statement that the clubhouse in Nanaimo is coming down immediately.
The wreckage of a plane that authorities believe is decades old has been found south of Kamloops, B.C. The Transportation Safety Board says in a statement that it was made aware of the wreck and investigators have been in contact with Kamloops RCMP.
The letters for the ministers in charge of the newly minted citizens' services and sport and physical activity portfolios were posted online earlier this week, and serve as a guide to what the prime minister wants them to accomplish.