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Fall in housing starts: CMHC

Darpan News Desk The Canadian Press, 16 Aug, 2023 10:35 AM
  • Fall in housing starts: CMHC

The annual pace of housing starts in July fell 10 per cent from June when they posted their strongest showing of the year.

Canada Mortgage and Housing Corporation reports the annual pace of urban starts was down 11 per cent, the rate of multi-unit urban starts fell 12 per cent and the pace of single-detached urban starts dropped four per cent.

C-M-H-C says housing starts fell 23 per cent in Vancouver but rose 33 per cent in Calgary.

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Death in Maple Ridge deemed suspicious, victim identified as Surinderjit Singh

Death in Maple Ridge deemed suspicious, victim identified as Surinderjit Singh
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Death in Maple Ridge deemed suspicious, victim identified as Surinderjit Singh

Vancouver to end status as 'living wage' city

Vancouver to end status as 'living wage' city
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Vancouver to end status as 'living wage' city

Coquitlam RCMP seek additional victims or witnesses in unprovoked assault with a pellet gun

Coquitlam RCMP seek additional victims or witnesses in unprovoked assault with a pellet gun
The victims were walking on Glen Drive when the suspect males walking behind them shot both their legs with more than a dozen pellets. The victims suffered minor injuries. The suspects fled on foot east-bound on Glen Drive in Coquitlam.

Coquitlam RCMP seek additional victims or witnesses in unprovoked assault with a pellet gun

VPD investigates Granville Street triple stabbing

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Three men, all in their early 20s, got into a verbal altercation in the west lane of Granville Street at Nelson just before 7:30 p.m. The argument escalated and turned violent, resulting in all three being stabbed. The men were taken to hospital by ambulance and are expected to survive.

VPD investigates Granville Street triple stabbing

Will the Bank of Canada raise its key interest rate again?

Will the Bank of Canada raise its key interest rate again?
Since last March, the central bank has raised its key rate from near-zero to 4.5 per cent, the highest it's been since 2007. The central bank's next rate decision is set for Wednesday.

Will the Bank of Canada raise its key interest rate again?

Trudeau 'surprised' by B.C. firm's cocaine licence

Trudeau 'surprised' by B.C. firm's cocaine licence
Trudeau said Friday that the federal government was "working very quickly" with Adastra Labs of Langley, B.C., "to correct the misunderstanding" caused by the company's statement saying it was looking at commercializing cocaine as part of its business model.

Trudeau 'surprised' by B.C. firm's cocaine licence