Saturday, July 4, 2026
ADVT 
National

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.

MORE National ARTICLES

VPD investigating the homicide of a 30 year old Burnaby man

VPD investigating the homicide of a 30 year old Burnaby man
Kevin Liew was found badly injured near Burnaby Hospital on November 17. Due to the seriousness of his injuries, he was taken to Royal Columbian Hospital, where he died Monday. 

VPD investigating the homicide of a 30 year old Burnaby man

New kids' dental benefit gets 35,000 applications

New kids' dental benefit gets 35,000 applications
The new benefit is aimed at children under the age of 12 from low- and middle-income families who do not have private insurance. Eligible families can get up to $650 per child per year to help with the cost of dental care.

New kids' dental benefit gets 35,000 applications

Covid disrupted economic integration of many immigrants: Statistics Canada

Covid disrupted economic integration of many immigrants: Statistics Canada
From 2016 to 2021, immigrants contributed to four-fifths of labour force growth in Canada, but when the pandemic first hit, recent immigrants were more likely to transition out of employment than their Canadian-born counterparts due to lockdowns. 

Covid disrupted economic integration of many immigrants: Statistics Canada

B.C. finance minister out in cabinet shuffle

B.C. finance minister out in cabinet shuffle
Robinson announced just last month that the government had a surplus windfall of $5.7 billion dollars, allowing Eby to spend on his priorities of housing, health care and public safety. With tears in her eyes, Niki Sharma stepped up to sign on as the new attorney general, taking over Eby’s job.

B.C. finance minister out in cabinet shuffle

Mint commemorates Queen with black-ringed toonie

Mint commemorates Queen with black-ringed toonie
The mint says the coin's black outer ring is intended to evoke a "mourning armband" to honour the queen, who died in September after 70 years on the throne. The mint says it will start to circulate nearly five million of the coins this month, and they will gradually appear as banks restock inventories.

Mint commemorates Queen with black-ringed toonie

Bank Of Canada raises interest rate to 4.25%

Bank Of Canada raises interest rate to 4.25%
Overall, the data since the October MPR support the Bank’s outlook that growth will essentially stall through the end of this year and the first half of next year. CPI inflation remained at 6.9% in October, with many of the goods and services Canadians regularly buy showing large price increases.

Bank Of Canada raises interest rate to 4.25%