National home sales fall 4% between July and August as market slows: CREA
The Canadian Real Estate Association says home sales slowed last month as they tumbled by roughly four per cent between July and August.
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Consumers still hungry for leisure travel, despite inflation, rate hikes: Transat CEO
Canadians are still gung-ho for travel to sun-splashed resorts and European getaways, in spite of higher inflation and interest rates, says Transat AT CEO.
Federal government will remove GST on new rental housing builds, senior source says
PM Justin Trudeau will announce Thursday the removal of the GST on construction of new rental apartment buildings, according to a senior government source.
Canopy Growth lands creditor protection for BioSteel business, intends to sell brand
Canopy Growth Corp. says it’s obtained creditor protection for its BioSteel Sports Nutrition Inc. division and intends to seek permission to sell the business.
Housing gap steady as lower incomes expected to offset construction slowdown: CMHC
Canada will be short about 3.5 million homes by the end of the decade compared with what’s needed to restore affordability, per CMHC.
Airline competition ramps up, setting stage for showdown and reducing (some) fares
Though Canadian flights have long been dominated by Air Canada and WestJet, the emergence of newer carriers including Flair Airlines and Lynx Air has shaken
Home sick: How hybrid workplaces and employees can navigate flu season
While many workplaces have shifted to hybrid setups coming out of the pandemic, employment experts say workers should be cautious about using that added flexibility
Via Rail ramps up service, returning it to pre-pandemic levels
The ramp-up comes three-and-a-half years after the pandemic brought some operations to a screeching halt, when Via Rail suspended its cross-Canada routes and temporarily laid
Interest rate hikes might be over but don’t expect housing market to flare up: BMO
One Bay Street economist says it’s unlikely the housing market will flare up, despite the Bank of Canada’s decision to keep its key interest rate
Bank of Canada may need to raise interest rates again, despite this week’s hold: Macklem
Bank of Canada Governor Tiff Macklem said the central bank may have to raise interest rates further, given inflation may stay high for some time.
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