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.
A lithium-ion battery cell production plant costing more than $1 billion will be built in Maple Ridge. Prime Minister Justin Trudeau and Premier David Eby jointly announced Tuesday that the new E-One Moli facility will bolster Canada's role as a global leader in clean technology.
Police in Calgary say charges are pending against two brothers following a shooting Monday that killed one man and injured two others. Investigators responded to a call Monday afternoon in a northeast Calgary shopping mall and found the man dead.
The Royal Canadian Mint will soon begin producing Canadian coins bearing the face of King Charles. On the King's 75th birthday, the Winnipeg-based facility is set to showcase its design of the new British monarch that will appear on one side of all its coins, replacing the image of the late Queen Elizabeth II.
Friends, family and government officials have confirmed that at least seven Canadians were killed when Hamas militants conducted a series of attacks in Israel on Oct. 7. Global Affairs Canada has said an eighth person with deep ties to Canada, who was not a citizen, also died.
Its 21 member economies represent nearly three billion people and 62 per cent of the world's GDP, generating US$30 trillion in global trade last year alone. But as Asia-Pacific Economic Cooperation leaders gather in San Francisco, the focus — for now, at least — will be on just two of them.
Mounties on Vancouver Island say they have recovered the body of a drowning victim in Sproat Lake – 13 kilometres northwest of Port Alberni. The update comes two days after R-C-M-P were called to the lake for reports of a missing 17-year-old after a canoe he and two others were on capsized and sank.