Darpan News Desk The Canadian Press, 15 May, 2023 10:37 AM
Canada Mortgage and Housing Corporation reports the annual pace of housing starts jumped 22 per cent between March and April.
It says the increase is due to a 33 per cent rise in starts of multi-unit urban homes.
The national housing agency says the annual pace of housing starts was up 36 per cent in Vancouver, 54 per cent in Toronto and 43 per cent in Montreal.
Brar, a respiratory therapist and a mother of three, won the race for City Councillor in Wards 2 and 6, beating Jermaine Chambers, a former Conservative MP candidate for Brampton West. Brar had 28.85 per cent of the votes cast on Monday with Chambers as nearest contender with 22.59 per cent, and Carmen Wilson coming in third at 15.41 per cent, the Brampton Guardian reported.
In Canada, the economy continues to operate in excess demand and labour markets remain tight. The demand for goods and services is still running ahead of the economy’s ability to supply them, putting upward pressure on domestic inflation.
Previously, the majority of immigrants to Canada came from Europe, but now most immigrants come from Asia, including the Middle East. One in five people coming to Canada were born in India, the data shows, making it the top country of birth for recent arrivals.
Peace Arch Provincial Park, the nine-hectare park that straddles the B.C.-Washington state border south of Vancouver, reopened Monday after being closed more than two years ago amid pandemic-related border closures.
Shaw's ownership of Freedom Mobile has widely been seen as the main obstacle to the deal's approval, and Montreal-based Videotron earlier this year agreed to buy it for $2.85 billion. But Champagne said before he would approve the Videotron deal, he requires additional concessions.
The central bank is expected to raise its key interest rate by half or three quarters of a percentage point on Wednesday in an effort to clamp down on decades-high inflation, making it the sixth consecutive rate hike this year.