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.
Police in New Westminster say a student at a city high school was arrested Wednesday after being found in possession of a knife. Police say an officer was at New Westminster Secondary on Wednesday morning for an unrelated reason, and told there was a student with a knife who was causing a disturbance.
The RCMP has told owners to turn in what the force is calling fully automatic military surplus firearms after hundreds were misidentified and allowed into Canada for commercial sale. The Mounties say the registrar of firearms immediately froze records relating to the 245 prohibited guns upon discovery of the issue to prevent further sale or transfer of the firearms.
The Independent Investigations Office is investigating a police-involved shooting in West Kelowna this afternoon where one man was injured. The R-C-M-P says police were responding to reports of gunshots and a man with a weapon in a vehicle.
Police are investigating after a pedestrian was struck and killed by a car in Vancouver's Downtown Eastside today. Police say two cars collided at an intersection just before 11 this morning, and one of the cars jumped the curb and he the person on the sidewalk.
Prime Minister Justin Trudeau said Thursday that Canada is working with allies to determine "exactly what happened" in the blast at a hospital in Gaza City earlier this week that has become a flashpoint in the Israel-Hamas war. Trudeau said at a news conference in Ottawa that Canada is taking the "necessary time" to probe a blast that the Hamas-controlled Gaza Health Ministry says left hundreds dead.
Prabjot Singh Wirring had argued the portion of the oath mandated by the Legal Profession Act that includes pledging allegiance to the sovereign violates his Charter rights to religious freedom and equality. Wirring, who is an Amritkhari Sikh, said he is only allowed to pledge allegiance to a divine being in the Sikh tradition and not Queen Elizabeth, who was the reigning monarch at the time his suit was filed.