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.
Almost two in three Canadians have a negative impression of Prime Minister Justin Trudeau and half want him to resign before the next election, a new survey suggests. While affordability, housing and public debt are higher on the reasons people want Trudeau to go, one in five people surveyed said they want him to resign simply because they are "just tired of him."
No more Canadians have been approved to leave the Gaza Strip on Wednesday via the Rafah border crossing into Egypt, as hundreds of people connected to Canada continue to wait for help to leave. A total of 356 Canadians, permanent residents and family members have been able to leave the besieged Palestinian territory so far.
Police say one man was arrested for assaulting an officer, and another for obstruction, while social media videos showed protesters waving Palestinian flags, shouting slogans and jeering Trudeau outside the restaurant in Vancouver's Chinatown.
Burnaby R-C-M-P say multiple charges are being considered after a suspect reportedly assaulted a police officer and tried to take his firearm. The Mounties say they received several reports around noon yesterday of a man attacking people, walking into traffic and attempting to open doors of parked and moving vehicles near Kingsway and McKay Avenue.
The B-C Real Estate Association's chief economist says high borrowing costs and stricter stress tests for buyers have led to an expected slowing of home sales in the province. However, Brendon Ogmundson says inventory remains low, balancing the market at what he says is a very low level of activity.
In an appeal decision released last week, the commission says Clarke Matthiesen tried to blame an arsonist for the blaze that investigators say started on his property west of Quesnel, B.C., in the province's interior.