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 man has been charged with aggravated assault after allegedly stabbing a woman in an altercation in Kelowna. Police say the incident happened on Wednesday around 7:20 p-m, when officers were called to the intersection of Bernard Avenue and Ethel Street.
The sharp uptick in B-C's COVID-19 activity may be waning, according to the latest data from the province's Centre for Disease Control. Numbers show new hospitalizations dropped to 144 in the week ending November 4th, down from 296 three weeks earlier.
The agency has issued multiple warnings for Metro Vancouver, saying 50 to 70 millimetres of rain is expected to hit the Fraser Valley and the Northshore and northeast regions beginning tonight. Forecasters say the rain should taper off over parts of Metro Vancouver on Saturday morning but persist in the Fraser Valley until the evening.
Canada's transport minister and the RCMP say an investigation is underway into what they call "threats" against Air India, after an online video warned people not to fly on the airline on Nov. 19. Pablo Rodriguez says in a social media post that the government takes any threat to aviation "extremely seriously."
A B-C Supreme Court judge has sentenced a 35-year-old man from Kamloops to four years in prison for fatally stabbing another man outside a city centre motel more than three years ago. A jury had convicted James Sanford of manslaughter for the 2020 killing of a 34-year-old man.
British Columbia is shifting its ambulance paramedics staffing model for 60 rural and remote communities in what Health Minister Adrian Dix says is an "unprecedented" investment in emergency health care. Dix says three new staffing models for paramedics would increase the number of on-duty ambulance workers during nights and other off-peak times.