Home construction must double over next decade to restore 2019 affordability: CMHC
Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels
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The Canadian Press
Ottawa-Gatineau’s unemployment rate rises to 5.8% in May
Ottawa-Gatineau’s unemployment rate jumped three-tenths of a percentage point in May as the local economy shed nearly 4,000 jobs, Statistics Canada said Friday. The National
Bank of Canada holds key interest rate at 2.75% as tariff uncertainty persists
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs
RioCan REIT asks court to put joint venture with Hudson’s Bay into receivership: docs
RioCan Real Estate Investment Trust is pushing to put a joint venture it owns with Hudson’s Bay into receivership.
Canada’s economy grew 2.2% annualized in Q1 as businesses raced to beat tariffs
A rush to get ahead of Canada’s looming tariff dispute with the United States powered economic growth in the first quarter, Statistics Canada said Friday.
Shopify doubles down on AI with tools to create online stores, shopping assistants
Shopify Inc.’s latest round of product developments are leaning on artificial intelligence to help merchants and developers create everything from online stores to shopping assistants.
Bank of Canada rate cut odds for June fall after April inflation data
Signs that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June interest rate decision,
Ottawa-Gatineau’s unemployment rate ticks up to 5.5% in April
Ottawa-Gatineau’s unemployment rate rose slightly in April as the local economy shed about 2,500 jobs, Statistics Canada said Friday. The National Capital Region’s unemployment was
Sens owner sells Andlauer Healthcare Group to UPS in deal worth $2.2B
Shipping and logistics company UPS has signed a deal to buy Andlauer Healthcare Group Inc. in a deal that values the company at about $2.2
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