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.
Prime Minister Justin Trudeau is visiting Maple Ridge this afternoon. The prime minister and B-C Premier David Eby are scheduled to make an announcement at a clean-energy plant.
A Statistics Canada study says nearly seven million Canadians struggled with hunger last year. The study says that in 2022, 18 per cent of families reported experiencing food insecurity within the previous 12 months, up from 16 per cent in 2021.
Foreign Affairs Minister Mélanie Joly says it is not acceptable that United Nations work to support Palestinian civilians will end before Wednesday night due to a lack of fuel. She says civilians must be protected and enough food, fuel and water must get into Gaza so that the UN's life-saving work can continue.
Police say high-risk sex offender Randall Hopley has been arrested in Vancouver. A statement from police says Hopley was picked up at about 6 a.m. on the city's Downtown Eastside and he is in custody.
British Columbia's provincial health officer says people living or working on poultry farms should "prioritize" getting influenza vaccinations as avian flu spreads among flocks this fall. Dr. Bonnie Henry says while avian flu does not transmit easily from birds to humans, infections "can happen and are very concerning" because of the potential for the virus to mix with human influenza and mutate into something much more contagious.
Global Affairs Canada says none of the Canadians on Friday's list of foreign nationals approved to leave the Gaza Strip were able to exit. There were 266 Canadian citizens, permanent residents and their family members on the Friday list who hoped to cross into Egypt at the Rafah border crossing.