CREA reports home sales down in April as mortgage rates rise
The association found the number of homes sold dropped by 25.7 per cent to 54,894 last month from 73,907 in April 2021, when the country
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BMO Capital Markets
Canadians with mortgages brace for big Bank of Canada rate hike
The Bank of Canada is gearing up to announce its next move on interest rates this Wednesday, with Bay Street forecasters expecting a 50 basis-point increase.
Average Ottawa home price up 16% from February 2021 to more than $730K, industry group says
The average price in the nation’s capital last month was $730,300, according to the Canadian Real Estate Association, up from $630,000 in February 2021.
Cannabis company Tilray Brands strikes deal to buy stake in Hexo, create joint venture
Under the agreement announced Thursday, Leamington-based Tilray will acquire up to US$211 million of senior secured convertible notes that were issued by Gatineau-based Hexo.
Ottawa-Gatineau sheds 2,100 jobs in September
Employers in the National Capital Region collectively trimmed their payrolls for the second straight month in September, Statistics Canada reported Friday. The number of people
Kinaxis eyes acquisitions in wake of IPO
Nothing was going to rain on Kinaxis’ parade after the Ottawa-based tech firm closed a successful initial public offering on the Toronto Stock Exchange this
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