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.
Those who work with people facing homelessness and food shortages say employees are carrying a massive emotional burden as demand for services soars beyond what their organizations can provide. Warren Maddox, executive director at Fredericton Homeless Shelters, in New Brunswick, says staff are witnessing more desperation, more violence and more people in extreme states of crisis.
British Columbia is the first province to sign a tailored funding agreement with the federal government as part of the $196-billion health accord the prime minister offered provinces earlier this year. The deal will see Ottawa shift $1.2 billion to B.C. over three years.
A 22-year-old Vancouver man has been killed in southern Israel after Hamas militants launched a series of deadly attacks on Saturday. The head of the King David High School in Vancouver confirmed in a Facebook post that former student Ben Mizrachi was gunned down while attending a music festival in southern Israel.
British Columbia has launched its immunization campaign for this year's respiratory illness season, with influenza and COVID-19 vaccinations now available in pharmacies across the province. The immunization plan was announced late last month as B.C. Provincial Health Officer Bonnie Henry reintroduced mask mandates in the province's health-care settings with respiratory illnesses trending upward.
Police in North Vancouver say they were called to the set of a film shoot over the weekend after receiving a report of a group of men in body armour carrying rifles. North Vancouver RCMP say they were called to an underground parking lot on Marine Drive on Saturday evening.
It is a conundrum that has faced countless homebuyer in recent years -- choosing a fixed- or variable-rate mortgage. That question has taken on even more significance following the Bank of Canada's recent run on rate hikes.