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.
Mounties in B.C.'s southern Interior say a fiery head-on crash between two tractor trailers has claimed the life of one of the drivers. The crash on Thursday shut the Trans-Canada Highway down for much of the day.
Police have arrested eight Sikh men between 19 to 26 years of age and charged them in connection with possession of loaded, prohibited or restricted firearms in the Canadian city of Brampton. Officers from the Peel Regional Police responded to reports of shots fired in the area of Donald Stewart Road and Brisdale Drive in Brampton at 10.25 p.m. on Monday.
A senior State Department official says Canada's dispute with India could make for fertile ground for foreign efforts to sow disinformation. James Rubin, the co-ordinator of the Global Engagement Center, says the diplomatic standoff makes Canada "ripe" for manipulation, and not just from inside India.
A man who held up a bank in Kelowna and fled with more than 40-thousand-dollars in cash has been sentenced to four years in prison. Alan Stuart Metcalfe was sentenced in August after pleading guilty to one count of robbery, and the decision was released online this week.
The Mounties say police and firefighters responded Wednesday evening to a report of a structure fire on a vacant property along Gunn Avenue and found several buildings on fire, with indications that the blazes had been set intentionally. They say police responded to flames on a different property along the same road yesterday and again found they appeared to have been sparked intentionally.
COVID-19 cases are on the rise in British Columbia, with the BC Centre for Disease Control reporting hospitalizations have increased 58 per cent in the past two weeks. The centre says in its latest update that deaths due to COVID-19 are also trending upwards, with 24 fatalities in the last week of September, compared to nine in the second week of August.