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CREA lowers housing market forecast for 2024 amid 'holding pattern' for home sales

CREA lowers housing market forecast for 2024 amid 'holding pattern' for home sales

The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada's interest rate cuts haven't spurred the gradual improvement it previously anticipated.
Annual inflation falls to 1.6% in September, raises odds of 50-basis-point rate cut

Annual inflation falls to 1.6% in September, raises odds of 50-basis-point rate cut

OTTAWA — The chances of a half-percentage point interest rate cut by the Bank of Canada became more likely Tuesday after Statistics Canada reported the annual inflation rate fell to 1.6 per cent in September.
Royal Roads super sleuths use AI to ferret out financial crimes

Royal Roads super sleuths use AI to ferret out financial crimes

Mark Lokanan’s research team is using AI to identify abnormal transactions that forensic investigators with banks and other institutions can investigate
B.C. Conservatives expected to release costs of promises days before election

B.C. Conservatives expected to release costs of promises days before election

VANCOUVER — It's the last week of the British Columbia election campaign after a busy long weekend of promises for the B.C. Conservatives, including a new Children's Hospital for Surrey. B.C.

India recalls ambassador from Canada in growing dispute over assassination of Sikh activist

NEW DELHI (AP) — India said Monday it is recalling its ambassador and other diplomats from Canada, hours after it rejected a Canadian notification that the ambassador was a “person of interest” in the assassination of a Sikh activist last year.
Eby urges Green voters to 'stick together' with NDP to keep Conservatives from office

Eby urges Green voters to 'stick together' with NDP to keep Conservatives from office

SQUAMISH, B.C. — New Democrat Leader David Eby is urging Green voters in British Columbia's tight election to back the NDP to keep John Rustad's B.C.
Will B.C. cranberries make it to Thanksgiving dinner after warm harvest season?

Will B.C. cranberries make it to Thanksgiving dinner after warm harvest season?

Delayed crops highlight climate challenges as election candidates promise support for farmers.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Inflation Statistics Canada will release its latest reading for inflation on Tuesday when it publishes its consumer price index for September.
Hearings underway for alleged B.C. mortgage fraud racket

Hearings underway for alleged B.C. mortgage fraud racket

Eighteen BCFSA hearings could shed light on possible $511 million in fraudulent loans
Real estate developers predict mortgage changes will do little to spur demand for newly built homes

Real estate developers predict mortgage changes will do little to spur demand for newly built homes

The real estate industry does not believe the extended amortization period included in the changes will stimulate buying given higher housing prices