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.
The International Monetary Fund is downgrading its forecast for the world economy this year, citing the spread of COVID-19's Omicron variant, higher energy prices, an uptick in inflation and financial strains in China.
The 190-country lending agency now forecasts the global economy will expand 4.4 per cent in 2022. That's down from an estimated 5.9 cent last year and from the 4.9 per cent the IMF was forecasting for 2022 back in October.
The IMF slashed the growth forecast for the United States -- world's largest economy -- to four per cent from the 5.2 per cent it predicted in October. The agency no longer expects any economic stimulus from U.S. President Joe Biden's Build Back Better social policy bill, which has stalled in Congress.
The U.S. economy is also contending with supply-chain bottlenecks that prevent companies from filling customer orders, and from the Federal Reserve's impending move to raise interest rates to cool off the hottest year-over-year inflation in four decades.
The global organization downgraded Canada's 2022 growth to 3.3 per cent from 4.1 per cent due to a weaker end to 2021 and anticipated softer demand this year related to the U.S. revision.
The Canadian economy is expected to grow three per cent in 2023, up from 2.8 per cent in the October forecast.
The Chinese economy is forecast to grow 4.8 per cent this year -- down from 8.1 per cent last year and 0.8 percentage points slower than the IMF expected in October. China's zero-tolerance approach to COVID is likely to take an economic toll as is financial stress on the country's property developers, according to the agency.
The IMF expects the 19 European countries that share the euro currency to collectively grow 3.9 per cent this year, down from 5.2 per cent in 2021. Japan is forecast to register 3.3 per cent growth this year, up from 1.6 per cent last year, as a result of continuing government support for the economy.
With files from The Canadian Press
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.