Average rent declined to 17-month low across Canada
Among Canada’s most expensive provinces to be a renter, Ontario recorded a 4.7 per cent year-over-year decrease in apartment rents to an average ask of $2,332, while British Columbia saw a 0.5 per ...
Mortgage rates shake off turkey coma, start moving up and down
Mortgage rates are waking up from their holiday slumber and finally starting to move. Depending on whether you need a default ...
Canada's job gains smash expectations and unemployment rate drops
Canada’s unemployment rate ticked down to 6.7 per cent in December from 6.8 per cent the month before, as the economy added 91,000 jobs, Statistics Canada reported Friday. Analysts polled by Reuters ...
Canada's oilpatch ramping up production in 2025 despite tariff threat
Whitecap is forecasting that crude prices may be volatile, “but on balance robust” in 2025, particularly as a weak Canadian dollar tends to work to the benefit of exporters. The company’s price ...
Opinion
Jack Mintz: Canada's 'Maple Model' for pensions loses some of its lustre
This disappointing recent performance of Canadian funds is what has raised doubts in the U.K. about the Maple Model. Being big has its limits. After all, the New Zealand and Swedish funds, vastly ...
Bundled pricing: how the best mortgage rates increasingly come with strings attached
For those who don’t want other bank products, mortgage rates can sometimes be 10 to 15 basis points higher. On a standard new $500,000 mortgage with 25-year amortization, an additional 15 basis points ...
Trump trying to distract from tariff costs with 51st state remarks, Trudeau says
OTTAWA — Prime Minister Justin Trudeau says incoming U.S. president Donald Trump is trying to distract from his threats of stiff tariffs by talking about making Canada the 51st state. Trudeau made the ...
Churchill Falls energy deal gets green light in Newfoundland and Labrador
Quebec’s provincially owned hydro utility will also pay Newfoundland and Labrador Hydro a $3.5-billion fee for the right to co-develop two more energy projects on the Churchill River. Newfoundland and ...
Golconda Gold Ltd. Announces Appointment of Vikram Kapoor to Board and Equity Grants
TORONTO, Jan. 10, 2025 (GLOBE NEWSWIRE) — Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that Mr. Vikram Kapoor has been appointed to the board ...
Aritzia's profit soars 72% as e-commerce revenue spikes
The company saw a 14 per cent year-over-year spike in e-commerce net revenue along with foreign exchange gains and lower markdowns and warehouse costs. There was also a sense that the increased ...
Philip Cross: Justin Trudeau’s failed vision for Canada
Few of Trudeau’s policies had the significant benefits promised for them. Deficit spending failed to boost incomes. The ...
Japan's Household Spending Falls, Weighing on BOJ Rate Hike Path
In late 2024, Prime Minister Shigeru Ishiba added fresh aid for low-income households to cope with inflation, through his ...