Canadian home sales were lower last month compared with the previous year, as rising inventories and cautious buyers continued to shape market conditions heading into winter. New figures from the Canadian Real Estate Association show 42,068 residential properties changed hands in October, a 4.3 per cent decline from October 2024. Despite the annual drop, monthly activity inched higher. Sales increased 0.9 per cent from September, marking the sixth monthly gain in seven months. Analysts say that pattern suggests the market may be stabilizing after several years of volatility driven by interest

Canada’s inflation rate slowed to 2.2 percent in October, with Statistics Canada reporting that lower gasoline and grocery prices played a leading role in easing overall consumer costs. The agency says fuel prices dropped more sharply than in September as retailers shifted to less expensive winter fuel blends. Grocery prices also moved downward, falling 0.6 percent from the previous month. Statistics Canada notes that this was the most significant month to month decline in more than five years, offering some relief to households facing persistent affordability pressures. Annual food inflatio

Members of Parliament are preparing for a critical vote today that will determine whether Prime Minister Mark Carney’s minority Liberal government can advance its first federal budget or face another national election less than a year after Canadians last went to the polls. The upcoming vote is tied directly to the government’s confidence, leaving the Liberals dependent on support from at least one opposition party or individual MPs from other caucuses. Opposition leaders have voiced broad dissatisfaction with the fiscal plan, arguing that the document does not reflect their priorities on

Surrey Police Service is asking residents to help identify a suspect after a 10-year-old girl reported being sexually assaulted inside a business near 138 Street. The incident occurred on September 17 at about 7:15 pm, when police say a man approached the child and briefly touched her before running from the area. Officers responded shortly after the report was made and the SPS Special Investigation Section has since taken over the file. Investigators released a surveillance image of the suspect on Thursday, hoping someone in the community may recognize him. Police in Surrey have noted that co

Canada’s top intelligence official says foreign spies from China and Russia are actively targeting governments and companies involved in developing the country’s Arctic region. In a national security address on Thursday, Canadian Security Intelligence Service (CSIS) director Dan Rogers said his agency has observed sustained intelligence-gathering activities in the North, with both public institutions and private industry being approached or monitored by foreign actors. Rogers noted that non-Arctic countries, particularly China, are seeking to expand their economic and strategic presence in

Canada is nearing a major reform to its citizenship laws that could restore and extend rights to thousands of people born outside the country. Bill C-3, which cleared the House of Commons on November 5 and passed second reading in the Senate the following day, is now scheduled for detailed study by a Senate committee on November 17. The proposed legislation aims to broaden citizenship by descent, addressing long-standing gaps that left many children of Canadian parents without automatic citizenship due to restrictive provisions in past laws. If passed, the bill would also make it easier for in

Surrey RCMP are investigating after a home in the city’s south end was struck by gunfire for the second time in what investigators believe is an extortion-related attack. Police say officers responded to reports of shots fired around 7:35 p.m. Wednesday near 32 Avenue. No one was injured, but investigators confirmed the same residence had previously been targeted. Authorities say the case remains in its early stages and that officers are working with specialized units and partner agencies to determine whether the incident is connected to other recent extortion-related shootings across Metro

Prime Minister Mark Carney is set to announce a new group of large-scale industrial and energy developments being referred to Ottawa’s Major Projects Office for potential fast-track approval. The announcement will take place Thursday in Terrace, British Columbia. According to senior government sources, the list includes Ontario’s Crawford Nickel Project — a major mining development linked to the province’s critical minerals strategy — and a proposed hydroelectric project in Iqaluit aimed at reducing Nunavut’s dependence on diesel-generated electricity. Ontario Premier Doug Ford wel

Prime Minister Mark Carney will travel abroad later this month for official visits to the United Arab Emirates and South Africa, as part of efforts to boost trade, investment, and international partnerships. The Prime Minister’s itinerary, set for November 18 to 24, includes bilateral meetings in Abu Dhabi before attending the G20 Leaders’ Summit in Johannesburg. The trip aims to advance new economic opportunities and attract investment to strengthen Canada’s long-term growth. In Abu Dhabi, Carney is scheduled to meet with the UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahya