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.
Industry Minister François-Philippe Champagne says he is ready to announce the initial commitments he has secured from grocers to stabilize food prices. The Liberal government called on Canada's major grocers last month to present a plan to stabilize prices by Thanksgiving, or face consequences.
Competition Bureau commissioner Matthew Boswell says new research from the bureau finds the competition intensity in the country has decreased over the last two decades. Boswell shared the initial findings of a new report during a speech he delivered Thursday at the Competition Summit, a conference hosted by the bureau.
Prime Minister Justin Trudeau said Thursday he never suggested that individuals concerned about their rights as parents were hateful when he issued a statement in response to the thousands who attended recent protests about "gender ideology" in schools.
Mounties in B-C are recommending numerous charges against an Edmonton man after a drug seizure at a Canadian border crossing in Surrey. The Canada Border Services Agency says the driver was arrested and officers seized roughly 65 kilograms of cocaine at the crossing last July after a detector dog raised the alarm during a commercial truck examination.
Thousands of officers in uniform filled the event centre in Langley, B.C., to attend a regimental funeral for RCMP Const. Rick O'Brien who was killed last month in Coquitlam. Officers from around the province, including RCMP, other police services, firefighters, military and others attended the ceremony for O'Brien, who is the tenth police officer to be killed in Canada since September of last year.
The Liberals have launched a scholarship to commemorate those killed in the downing of Flight PS752 by Iranian officials in 2020. The program will disburse 176 scholarships, one for each of the people who died when a Ukraine International Airlines flight was shot down outside Tehran. The victims included 55 Canadian citizens and 30 permanent residents, many of whom had significant academic accomplishments in Canada.