Housing market poised for 2025 comeback as lower rates unleash pent-up demandEconomists and real estate agents believe home sales activity is poised to remain strong in 2025, thanks to much lower borrowing costs and more favourable rules for buyers. Re/Max's 2025 housing market outlook report says it is expecting home sales to rise in 33 of 37 Canadian regions. It forecasts the national average residential price to rise by five per cent. Along with falling rates, TD economist Rishi Sondhi said the federal government's recent mortgage rule changes, which kicked in on Dec. 15, should help lift

Mounties in Coquitlam, B.C., say an early morning fire is under investigation at a strip mall on North Rd. at Lougheed Highway. Const. John Graham with Coquitlam RCMP says the city's fire department was called to the complex early this morning about a blaze at the building. Graham says there were no injuries and the cause of the fire is now under investigation by both police and fire officials, but he had no information about a possible explosion that damaged the complex. Images from the scene show the building's front facade with awnings and signage had fallen to the ground, exposing twisted

Police in Surrey, B.C., say two people suffered non-life-threatening injuries after a brawl broke out at a pub early this morning. The Surrey Police Service says officers responded to multiple calls about a "large fight" outside the 5Tara Pub and Lounge on 132 Street at 2:30 a.m. Police say two men were shot after the fight escalated, and the victims were taken to hospital. Staff Sgt. Lindsey Houghton says the injuries were "fairly minor" – the pair who were shot didn't wait for an ambulance and were taken to hospital by bystanders. Houghton says investigators are now looking into how the fi

The Atlantic Liberal caucus is calling on Prime Minister Justin Trudeau to resign as party leader in a letter. The letter dated Dec. 23 was shared publicly today by New Brunswick MP Wayne Long, who has been saying since the fall that Trudeau should step down. Atlantic caucus chair and Nova Scotia MP Kody Blois penned the letter, saying the events following Chrystia Freeland's cabinet resignation, signals from the opposition parties to declare non-confidence at the first opportunity, and U.S. president-elect Donald Trump's tariff threats make it no longer "tenable" for Trudeau to continue to le

Prime Minister Justin Trudeau may step down as Liberal leader before the next election, according to a former senior adviser and close friend of his. Gerald Butts stated that he does not believe Trudeau will remain as leader to lead the Liberals into the next election. In a Substack newsletter, Butts wrote that the recent resignation of Finance Minister Chrystia Freeland has been a major blow to Trudeau, further weakening his already tenuous grip on the party. He added that before Freeland's resignation, Trudeau had a chance to lead the party into the next election, but now that seems unlikel

US President-elect Donald Trump has once again targeted Canada, as well as Greenland and the Panama Canal, in a Christmas message posted on his social media platform, Truth Social. In the post about Canada, Trump claimed that taxes in Canada are very high, but if Canada were to become the 51st US state, their taxes would be reduced by more than 60 percent. He also mocked Prime Minister Justin Trudeau, once again referring to him as the "governor of Canada." Trump added in another post that he had encouraged former Canadian hockey star Wayne Gretzky to run for the post of Prime Minister of Can

Conservative MP Jonathan Williamson says he'll get the ball rolling early in the New Year on no-confidence vote that could bring down Prime Minister Justin Trudeau's government in a little more than a month. Williamson says in a social media post he will put forward his non-confidence motion at a public accounts committee meeting on Jan. 7. He says the committee can debate it and then kick the motion over to the House of Commons to deal with when it returns on Jan. 27. That could be voted on as early as Jan. 30, and could bring an immediate election if it passes. Three non-confidence motions b

Finance Minister Dominic LeBlanc and Foreign Affairs Minister Mélanie Joly are in Florida to meet with officials from president-elect Donald Trump's incoming administration. A statement from LeBlanc's office says the duo travelled to Palm Beach, where they planned to use those talks to underscore "Canada's efforts to combat fentanyl trafficking and illegal migration and the measures outlined in Canada’s Border Plan." Spokesman Jean-Sébastien Comeau says they will also emphasize the negative impacts of a potential 25 per cent tariff on Canadian goods, both in Canada and the U.S. Trump has t

Police in Surrey are investigating a collision at an intersection, involving two vehicles, that has claimed the life of a passenger. Surrey Police Service says officers responded to the scene at the intersection of Highway 15 and Highway 10 before noon on Dec. 25 when they found a passenger in the vehicle passed away despite life-saving efforts. Police say the victim was an adult woman and the driver of the vehicle that hit another car remained at the scene and is cooperating with police. The investigation is still in its early stages and it remains unclear about the cause of the