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july-home-sales-see-little-change-from-june-largest-annual-rise-in-two-years-crea
CanadaAug 15, 2023

July home sales see little change from June, largest annual rise in two years: CREA

There was no significant difference in home sales in Canada in July as compared to June.According to the Canadian Real Estate Association, an increase of 8.7% though has been recorded in the sale of houses compared to the previous July.And this is the biggest year-on-year jump in the last two years.Home prices also increased by 6.3% compared to a year ago and the average price of a home was recorded at $668,000.
canadas-inflation-rate-rose-to-3-3-in-july
CanadaAug 15, 2023

Canada’s inflation rate rose to 3.3% in July

Inflation has started to rise again in Canada.According to a report released by Statistics Canada on Tuesday, inflation rose to 3.3 per cent in July, down from 2.8 per cent in June for the first time since March 2021.According to StatCan, higher gas prices contributed to the increase in inflation.Meanwhile, food prices at grocery stores rose to 8.5 percent, but food prices rose at a moderate pace in July compared to the 9.1 percent jump seen in June.Economists had already predicted that the inflation rate for the month of July may see a jump in the inflation rate.BMO and CIBC had forecast infl
heat-wave-predicted-for-entire-b-c-this-week
BCAug 14, 2023

Heat wave predicted for entire B.C. this week

Much of British Columbia is expected to experience extreme heat throughout the week.Environment Canada predicted that Kamloops will reach a high of 38 degrees by Wednesday and Port Alberni is expected to hover around 30 degrees this week.Emergency Management Minister, Bowinn Ma has urged BC residents to take precautions to avoid the heat, drink more water and fluids and limit outdoor activities.People have also been asked to move to cooling centers if possible.In the heat warning issued on Saturday, the Department of Meteorology predicted that the temperature would reach 33 degrees in Vancouve
city-manager-vincent-lalonde-retires-from-city-of-surrey
BCAug 14, 2023

City Manager Vincent Lalonde retires from City of Surrey

After 26 years of dedicated service, including the past 9 years as City Manager, Vincent Lalonde has decided to retire from the City of Surrey."On behalf of Surrey City Council, I want to thank Vince for his remarkable dedication to the City of Surrey," said Mayor Brenda Locke.Vincent Lalonde has held various positions at the City of Surrey over the last 26 years including GM of the Engineering Department. He has also served as the Chair of Metro Vancouver Regional Administrators Advisory Committee and as the BC Board Representative of the Canadian Association of Municipal Administrators.Counc
helicopter-crash-near-enderby-sent-four-people-to-hospital
BCAug 14, 2023

Helicopter crash near Enderby sent four people to hospital

Four people have been hospitalized after a helicopter crashed near B.C.'s Enderby.B.C. Emergency Health Services said that they received a call around 8:00 p.m. on Saturday about a helicopter that crashed in the Shuswap River near Mebel Lake Resort.After the incident, seven ambulances reached the spot and the paramedics admitted four people to the hospital after giving first aid.The condition of all of them is said to be stable.People living near the scene said that when they suddenly saw the plane descend from the sky and plunge straight into the river, they ran and pulled two people out of t
b-c-hydro-so-far-approved-2000-applications-for-free-air-conditioners
BCAug 11, 2023

B.C. Hydro so far approved 2000 applications for free air conditioners

B.C. Hydro is now accepting applications for government-funded air conditioners for low-income residents.B.C. government had promised to distribute 8,000 air conditioning units in the next three years.Online applications started for people who live in apartments or condos.B.C. Hydro spokesperson said they had approved 2,000 of the 3,000 applications they received from low-income households as of last week.It is worth mentioning that B.C. government has decided to provide free air conditioners to thousands of low-income people amid the rising heat.In this regard, $10 million will be spent by th
10-000-kia-cars-recalled-drivers-told-to-park-away-from-buildings-due-to-fire-risk
CanadaAug 11, 2023

10,000 Kia cars recalled; drivers told to park away from buildings due to fire risk

A recall of 10,000 Kia cars has been issued in Canada and drivers have been asked to park the vehicles away from buildings due to the risk of fire.In the notice issued by Transport Canada, three models of Kia have been recalled. These include 2023 model Soul, Sportage and 2023-2024 model Seltos.Transport Canada said in a statement that a total of 10,757 vehicles sold by the Kia company in Canada have been recalled.According to the notice, the recalled vehicles may have defects in some electrical components, and may cause fire due to short-circuit and overheating.Kia advises drivers to park aff
rent-rates-in-canada-broke-all-previous-records-in-july
CanadaAug 11, 2023

Rent rates in Canada broke all previous records in July

In the month of July, the rent rate in Canada has broken all previous records.According to data from Rentals.ca and research firm Urbanation, the average rent in Canada was $2,078 in July, which is 8.9% more than July last year.This is the fastest increase in rent during the last three months.The reason for the increase in rent is considered to be post-secondary students signing leases before the fall, population growth, and interest rate increase that forced people are to put off their idea of buying houses.
ontario-greenbelt-development-plans-were-biased-a-g-report
CanadaAug 09, 2023

Ontario Greenbelt development plans were 'biased': A.G. report

The Ontario government's process for selecting safe greenbelt land for housing development was heavily influenced by a small group of developers with good ties to the government, a new report from Ontario's auditor general has revealed.A 95-page report released on Wednesday by Auditor General Bonnie Lysyk reviewed how the state government chose to exclude 810,000 hectares of farmland, forest and wetlands from the Greenbelt, which stretches from Niagara Falls to Peterborough.Lysyk explained that the selection process was not controlled by non-partisan public servants but primarily by Housing Mi

Just In

fishing-vessel-sinks-near-tsawwassen-ferry-terminal-two-people-rescued
BCSep 14, 2026

Fishing Vessel Sinks Near Tsawwassen Ferry Terminal, Two People Rescued

A fishing vessel sank near the Tsawwassen Ferry Terminal on Sunday, prompting a rescue operation for two people who were left in the water. Officials received a report at around 3:15 p.m. that a boat had sunk near the terminal. B.C. Ferries spokesperson Sheila Reynolds said the Spirit of British Columbia and Coastal Renaissance immediately deployed a rescue boat and safely pulled both people from the water. Police and B.C. Emergency Health Services paramedics later attended the terminal. After receiving first aid, both individuals were taken to hospital in stable condition. The incident also c
canada-inflation-holds-steady-at-3-in-august-rate-hike-concerns-grow
CanadaSep 14, 2026

Canada Inflation Holds Steady at 3% in August, Rate Hike Concerns Grow

Canada’s annual inflation rate remained steady at 3 per cent in August, according to Statistics Canada. However, inflation could rise in September as Brent crude oil prices have surpassed US$100 a barrel, while the full impact of the 50 per cent tariffs imposed by U.S. President Donald Trump and Canada’s retaliatory measures could also be reflected in upcoming inflation data. According to the report released Monday, gasoline prices rose at a slower pace last month but remained elevated amid the ongoing conflict in Iran. On a positive note, grocery prices increased at a slower rate than ove
canada-investment-summit-opens-in-toronto-with-1-trillion-investment-target
CanadaSep 14, 2026

Canada investment summit opens in Toronto with $1 trillion investment target

Prime Minister Mark Carney is opening a two-day Canada investment summit in Toronto aimed at attracting $1 trillion in investment over the next five years. The summit is focused on key sectors including energy, infrastructure, artificial intelligence and critical minerals. Hundreds of investors from Canada and abroad are taking part in what is described as the country’s first investment summit of its kind. Executives from major international companies including BlackRock, JPMorgan, Morgan Stanley, Mastercard and Microsoft are among those attending. The formal opening is scheduled for Monday
CanadaSep 11, 2026

BMO Announces $70 Billion Investment Over 10 Years in Key Canadian Sectors

Bank of Montreal (BMO), one of Canada’s major banks, has announced plans to invest $70 billion in capital over the next 10 years in sectors considered critical to the country’s economy, including critical minerals and electricity. The bank says the initiative is aimed at strengthening Canada’s economic security and long-term stability. The announcement comes as Canada continues to face economic challenges and an ongoing trade dispute with the United States. The move also aligns with Prime Minister Mark Carney’s government’s efforts to reduce Canada’s reliance on the U.S. and suppor
canada-ends-special-family-sponsorship-exemption-for-refugees
CanadaSep 11, 2026

Canada Ends Special Family Sponsorship Exemption for Refugees

Canada has quietly ended a special policy that allowed certain refugees to sponsor family members whose names were not included in their original immigration applications. Under the temporary policy, some refugees and permanent residents were able to sponsor spouses or children who had not been declared in their initial applications. The policy, introduced about seven years ago, expired on Thursday following a decision by Immigration Minister Lena Metlege Diab. Under current Canadian immigration rules, permanent residents generally cannot sponsor family members who were not declared during the