A man is in hospital and two suspects are in custody following a stabbing on Halloween night in New Westminster.

Police were called to the area of 8th and Columbia Streets at approximately 11:30 p.m. for reports of an assault with a weapon believed to be a knife.

First responders performed life-saving efforts on an injured male victim for several minutes before rushing him to hospital. The male remains in serious condition, but police could not provide further details Wednesday morning.

While paramedics and firefighters did CPR, police made a dramatic arrest just a few blocks away.

Officers pointed guns at a man in the middle of Columbia Street, telling him to crawl toward them so he could be handcuffed.

Police said two male suspects were taken into custody in connection with the attack.

The investigation is ongoing, but Sgt. Jeff Scott said there is no reason to believe the public is at risk. The stabbing appeared to be targeted, he said.

Several streets were closed as officials investigated, but a large portion of the downtown area has since reopened.

"We're looking at all possible areas where this offence may have taken place or continued to have taken place. We're looking at forensic evidence, any other evidence, and including video surveillance that may have captured anything that occurred," Scott said.

Anyone with more information is asked to contact the NWPD at 604-525-5411.

With a report from CTV Vancouver's Ben Miljure