B.C. tenants evicted for landlord's use after refusing large rent increase to take over neighbouring suite
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
Global shares mostly rose Friday, as investors digested the latest message from the U.S. Federal Reserve on raising short-term interest rates by late 2023.
France's CAC 40 added nearly 0.2% in early trading to 6,677.20, while Germany's DAX lost 0.3% to 15,684.53. Britain's FTSE 100 shed 0.4% to 7,123.80. U.S. shares were set for a slow start, with Dow futures falling less than 0.1% to 33,684.0. The S&P 500 future contract was virtually unchanged at 4,211.88.
Japan's benchmark Nikkei 225 lost earlier gains and slipped 0.2% to finish at 28,964.08. South Korea's Kospi edged 0.1% higher to 3,267.93. Australia's S&P/ASX 200 rose 0.1% to 7,368.90. Hong Kong's Hang Seng jumped 0.9% to 28,801.27, while the Shanghai Composite declined less than 0.1% to 3,525.10.
The Bank of Japan kept its ultra-lax monetary policy intact, as investors had expected. Wrapping up a two-day meeting, the central bank also extended by six months, until March 2022, a lending program to help companies weather the pandemic.
"Japan's economy has picked up as a trend, although it has remained in a severe situation due to the impact of COVID-19 at home and abroad," the Bank of Japan said in a statement.
The Fed's comments came Wednesday, and global markets had already initially reacted Thursday. But comments about the possibility of slowing the central bank's bond-buying program are rippling through markets. Such support has been a key reason for the stock market's resurgence to records.
The first action the Fed is likely to take would be a slowdown in its $120 billion of monthly bond purchases, which are helping to keep mortgages cheap, but the Fed's chair said such a tapering is still likely "a ways away."
Any easing up on the Fed's aid for the economy would be a big change for markets, which have feasted on easy conditions after the central bank slashed short-term rates to zero and brought in other emergency programs.
The economy has begun to explode out of its coma as more widespread vaccinations help the world get closer to normal. At the same time, jumps in prices for raw materials are forcing companies across the economy to raise their own prices for customers, from fast food to used cars.
In energy trading, benchmark U.S. crude fell 47 cents to $70.57 a barrel in electronic trading on the New York Mercantile Exchange. It fell $1.11 to $71.04 per barrel on Thursday. Brent crude, the international standard, lost 58 cents to $72.50 a barrel.
In currency trading, the U.S. dollar fell to 110.14 Japanese yen from 110.23 yen. The euro inched up to $1.1916 from $1.1908.
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
A man who fell into a crevasse while leading a backcountry ski group deep in the Canadian Rockies has died.
A new survey by Dalhousie University's Agri-Food Analytics Lab asked Canadians about their food consumption habits amid rising prices.
MPP Sarah Jama was asked to leave the Legislative Assembly of Ontario by House Speaker Ted Arnott on Thursday for wearing a keffiyeh, a garment which has been banned at Queen’s Park.
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
As Donald Trump was running for president in 2016, his old friend at the National Enquirer was scooping up potentially damaging stories about the candidate and paying out tens of thousands of dollars to keep them from the public eye.
After Prime Minister Justin Trudeau said the federal government would still send Canada Carbon Rebate cheques to Saskatchewan residents, despite Saskatchewan Premier Scott Moe's decision to stop collecting the carbon tax on natural gas or home heating, questions were raised about whether other provinces would follow suit. CTV News reached out across the country and here's what we found out.
A Montreal actress, who has previously detailed incidents she had with disgraced Hollywood producer Harvey Weinstein, says a New York Court of Appeals decision overturning his 2020 rape conviction is 'discouraging' but not surprising.
Caleb Williams is heading to the Windy City, aiming to become the franchise quarterback Chicago has sought for decades.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.
A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.