“Life wasn’t very affordable in Ontario – particularly in Toronto – before inflation kicked up. Ontario eliminated licence-plate-renewal fees in March and is refunding fees that drivers have paid since March 2020. The Progressive Conservatives also removed tolls on two highways and implemented a temporary gas tax reduction that will take effect in July, in […]
I want to thank the many businesses who make the market such a special place,” Mayor John Tory said in a press release. …Read the full story
“We know rates are going up. We want to push them up enough to fight inflation, but not too much that you’re going to get a recession. The S&P 500 index gained 124.69 points at 4,300.17, while the Nasdaq composite was 401.10 points higher at 12,964.86. …Read the full story
Sales of detached homes in the 905 totalled 2,732, a more than 47 per cent plunge from the year before, while the market’s 1,033 townhouse sales amounted to a 44 per cent drop. April detached home sales in the city of Toronto, which is linked to the 416 area code, reached 868, a 34 per […]
“Oil prices peaked in March. Meanwhile, Russia’s invasion of Ukraine was also blamed for jumps in pasta prices and cereal, the latter rising at the fastest annual pace since June 1990. Rising interest rates are expected to encourage saving and curb borrowing and spending, helping cool Canada’s housing market and the cost of goods. The […]
NEW YORK — The first and most popular cryptocurrency, bitcoin, launched more than a decade ago. Despite the evangelizing by and rising profile of some investors, a 2021 poll by Pew Research Center found that just 16% of Americans said they have ever invested in cryptocurrencies. There now are some cryptocurrencies or tokens that are […]
Mrug and Mistry’s experience is not unique. Those stories appear to be backed up by Statistics Canada data, which says Alberta led the country in interprovincial migration in the fourth quarter of 2021, for the first time since 2015. “We’re starting to see that migration based on affordability,” said Don Kottick, president and chief executive […]
“It’s a complex thing our economy. Some things make prices rise, other things push consumer confidence down and that’s the kind of turmoil that Canadians are wrestling with right now,” Soper said. “Demand for housing in Toronto and the surrounding region remains strong. Despite a slight increase in new listings in recent weeks, competition is […]
If this trend continues, it is possible that the pace of price growth could moderate as we move through the year,” TRREB Chief Market Analyst Jason Mercer said in a news release accompanying the figures. …Read the full story
Staff work in a marijuana grow room that can be viewed by at the new visitors centre at Canopy Growth facility in Smiths Falls, Ont. But federal law still considers it a Schedule I controlled substance with high risk of abuse and no accepted medical use, alongside drugs like heroin, LSD and peyote. That makes […]
Alternatively, if you were driving in the area and have dash camera footage that would be suitable for review please also contact investigators,” police said in a press release. …Read the full story
The Russian Customs Service said Saturday that the cartridges were identified as containing oil derived from cannabis, which could carry a maximum penalty of 10 years in prison. On Saturday, the State Department issued a “do not travel” advisory for Russia because of its invasion of Ukraine and urged all U.S. Griner, who plays for […]
Many sellers also have high expectations. …Read the full story
The Bank of Canada has raised its trendsetting policy rate to try and cool inflation. The key policy rate, also known as the target for the overnight rate, is the interest rate the Bank of Canada wants commercial banks to charge when lending each other money overnight so they settle balances at the end of […]
After the rate hikes there were “very small movements” in the average price. The largest month-over-month price drop after an interest rate announcement came in November 2018, when prices dropped 2.35 per cent, and the largest was seen in February 2018, when prices climbed by more than four per cent. Interest rate hikes typically weigh […]
“If you look at the foundation of all the policies we’ve adopted in terms of trying to improve the availability of housing, including affordable housing, a lot of it has been with a view to placing first the notion that people are to live in homes and homes or for people to live in,” Mayor […]
So we actually saw a period of time where the selling prices dipped a little bit but as we moved into the second half of 2020, and even more so into 2021 we saw real resurgence in the condo market,” TRREB’s Senior Market Analyst Jason Mercer told CP24 on Friday morning. …Read the full story
“The current situation now is that because of the amount of debris in the unit, there’s still smouldering materials. …Read the full story
Patrons dine indoors at a pub in the Byward Market as rain falls in Ottawa, on Sunday, Sept. …Read the full story
