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.
One of three magic mushroom stores that were raided by Vancouver police this week has already reopened, and the owner says his other two are restocking and will be back in business on Friday. The Vancouver Police Department says it executed search warrants at the stores on Wednesday in an investigation into the sale of illegal psychedelic drugs, with officers seizing "a variety of controlled substances."
R-C-M-P in Surrey say a 34-year-old man has been charged with multiple offences after an investigation that began with a traffic stop last week. The Mounties say two men were arrested after an officer from New Westminster stopped a vehicle that had been driving erratically just after 2 a-m last Thursday.
Vancouver police are looking for witnesses to a serious collision on the city's west side that sent a pedestrian to hospital with life-altering injuries. Police say a 57-year-old woman was at the crosswalk of Arbutus Street and West 33rd Avenue Tuesday afternoon when she was struck by a red Mini Cooper.
A lawyer for an Alberta man found not criminally responsible for killing five young people at a Calgary house party is asking the province's review board to release him on an absolute discharge. A hearing has heard that Matthew de Grood had several two-week unescorted passes from an Edmonton group home over the last year to visit his parents in Calgary.
Canada will pay an estimated $73.9 billion to buy, fly and maintain its new fleet of F-35 fighter jets, the parliamentary budget officer said Thursday. Yves Giroux said his independent analysis of the procurement project is "broadly in line" with the government's own estimates from January, which said the cost would be around $70 billion.
Three men accused of trying to smuggle more than 300 kilograms of pot into California in hollowed-out logs will not be allowed to appeal their case to the Supreme Court of Canada. Todd Ferguson, Daniel Joinson and Shane Fraser were arrested after the doctored logs were identified at a log home manufacturing company in California in 2006.