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B.C. home sales slide almost 10 per cent in March despite mortgage rate drop
April 15, 2024 - 10:19 AM
VANCOUVER - Home sales in British Columbia fell by almost 10 per cent in March compared with the same period last year, in a slowdown an analyst says could be buyers waiting for lower interest rates.
Roots CEO sees consumers getting back to discretionary spending in back half of year
April 10, 2024 - 8:53 AM
TORONTO - Roots Corp. executives say the back half of 2024 will likely see consumers edging back into purchasing discretionary goods they forewent as inflation and interest rates climbed.
On pre-budget charm offensive, Trudeau announces plans to expand $10-a-day child care
March 28, 2024 - 3:26 PM
SURREY, B.C. - Prime Minister Justin Trudeau is aiming more of his upcoming budget at young voters with a series of announcements on child care Thursday just a day after he offered supports for renters.
Protection fund, bill of rights for renters coming; 'renters matter,' Trudeau says
March 27, 2024 - 3:35 PM
VANCOUVER - A federal government announcement that rental history could be used on a credit score is a "gamechanger" for those who have been faithfully paying their rent for years, said a longtime advocate of the idea.
BoC expects to cut rates this year, governing council split on timing: deliberations
March 20, 2024 - 12:18 PM
OTTAWA - The Bank of Canada expects it will be able to begin cutting interest rates sometime this year, but officials are split on timing.
BoC expected to hold interest rates this week as grey cloud hangs over economy
March 04, 2024 - 1:00 AM
OTTAWA - The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months.
Canadian cities 'not gatekeepers': Head of mayors' group pushes back on Poilievre
February 26, 2024 - 5:32 PM
OTTAWA - Mayors are community builders, not gatekeepers, Canada's municipal governments said Monday as their spokesman pushed back against language Conservative Leader Pierre Poilievre often uses to attack city leaders.
Economists expect inflation eased in January, but housing still 'thorn' in BoC's side
February 19, 2024 - 3:02 PM
OTTAWA - As the Bank of Canada waits for the right moment to start cutting interest rates, some economists are arguing that its decision shouldn't hinge on the housing market.
West Fraser Timber encouraged by outlook despite ongoing challenges: CEO
February 15, 2024 - 1:58 PM
VANCOUVER - West Fraser Timber Co. Ltd. president and CEO Sean McLaren said he expects the company will continue to experience unpredictable challenges such as inflation risks and labour constraints.
BC Real Estate Association numbers point to market 'uptrend' at beginning of 2024
February 13, 2024 - 4:13 PM
VANCOUVER - The BC Real Estate Association says there was a nearly 30 per cent increase in home sales last month compared with January 2023, while prices were also up.
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iN RESPONSE: Readers have their say
Following are emailed reader responses to stories or letters to the editor for the third week of April 2024. They have been edited slightly for readability. Got something you want to add? Send an email to editor Marshall Jones at mjo
Fruit packers near Kelowna fined another $78,000
A fruit packing plant in the Ellison area east of Kelowna was hit with another $78,368 in fines for discharging effluent into a failed septic field. That’s now more than $110,000 in fines since 2022 for the same issue at Sandher Fruit
Manitoba government plans to lift ban on homegrown recreational cannabis
WINNIPEG - The Manitoba government is planning to end its ban on homegrown recreational cannabis — a move that would leave Quebec as the only province with such a restriction. "We're just allowing Manitobans to have the same
Kamloops council to expand tax exemptions for new rental builds
Developers have more land to choose from if they want to cut costs on new rental buildings in Kamloops. The City is looking to expand a tax exemption program to span massive swaths of Kamloops in order to encourage development. Previously r
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She was too sick for a traditional transplant. So she received a pig kidney and a heart pump
NEW YORK (AP) — Doctors have transplanted a pig kidney into a New Jersey woman who was near death, part of a d
April 24, 2024 9:00 PM
'A spicy lady': Kamloops fire department celebrates oldest team member
A beloved senior in Kamloops is being celebrated for her impressive 35 years of service as an administrator at Kamlo
April 24, 2024 7:00 PM
Salmon Arm pharmacist pays fine for diverting drugs from hospital
A former Salmon Arm pharmacist has to pay a hefty fine for diverting drugs from the local hospital. Earlier th
April 24, 2024 6:00 PM
‘Fire is medicine’: WFN company utilizes prescribed burns to mitigate wildfire risks
As wildfires worsen across the province, cikilaxwm (prescribed fire) is gaining more traction as a way to mitigate b
April 24, 2024 4:35 PM
Kamloops council to expand tax exemptions for new rental builds
Developers have more land to choose from if they want to cut costs on new rental buildings in Kamloops. The Ci
April 24, 2024 3:30 PM
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