The waterlogged city of Courtenay, B.C., reported localized flooding in a low-lying area Friday morning, with officials warning there's more on the way.

The Puntledge and Tsolum Rivers, swollen from days of heavy rains and warm weather, threatened to spill their banks after a high tide peaked just before 7 a.m.

Those waterways caused flooding earlier this week -- for the second time in two months -- and today's conditions are similar.

Mayor Greg Phelps said businesses and residents should anticipate more flooding next week.

BC Hydro has issued a spill notification in the area, and will continue to spill water from Comox Lake during low tide levels to deplete the city's almost overflowing reservoir.

There is some good news. Early Friday morning the province's River Forecast Centre ended the flood watch for the Tsolum and several other central Vancouver Island waterways.

A warning is still posted for the Cowichan and Koksilah rivers, with the former rising at approximately five centimetres an hour. A watch also remains in place on the low-level Chemainus, where the basin is receiving steady rainfall and approaching a two-year return period level.

Vancouver Island has been pounded with heavy precipitation in the last 24 hours, with some western locations receiving up to 200 millimetres of rain.

Environment Canada forecasts precipitation to ease by mid-day on Vancouver Island, with a frontal weather system shifting southeast off the Island.