The federal banking regulator is proposing to up the stress test facing homebuyers with uninsured mortgages in light of the economic ripple effects from the COVID-19 pandemic.
The proposal from...
Statistics Canada said the Canadian economy grew 0.7 per cent in January in the face of severe public health restrictions, and appears to have grown almost as much in February
Ontario’s Premier says “everything is on the table” when it comes to the possibility of another lockdown as the province navigates through a third wave of the virus.
Doug Ford...
Canada’s housing agency raised its risk assessment for the Toronto market to high, while also warning of overheating at the national level as the pandemic-driven surge in home prices shows no signs of...
IKEA will open its first downtown Toronto store at 382 Yonge Street, on the northwest corner of Yonge and Gerrard Streets, located in the AURA building.
The Swedish furniture retailer...
The Supreme Court of Canada on Thursday has given the federal government the constitutional green light to impose a carbon price on the provinces.
The decision was the culmination of...
Deputy Prime Minister Chrystia Freeland said today the federal government plans to provide a one-time payment of $7 billion to provinces, territories, cities and First Nations communities to help them cover the cost...
The Ford government is continuing with increased healthcare spending and cash grants to businesses and parents as its pathway out of the pandemic will be paved with more than $100 billion in new...
The federal government will table its first budget in more than two years on April 19, 2021.
Finance Minister Chrystia Freeland announced the hotly anticipated date for Budget 2021 in...
The federal government has announced funding for a dozen projects in western Nova Scotia to buoy the province’s struggling fish and seafood processing sector.
Fisheries Minister Bernadette Jordan says the...
A U.S. advisory firm is hoping that Canadian clothing retailer Le Château will rise from the ashes of insolvency.
Hilco Streambank says Le Château’s e-commerce platform, brand assets and some...
Rogers Communications Inc. has signed a deal to buy Shaw Communications Inc. in a deal valued at $26 billion, including debt.
The transaction, which would combine Canada’s two largest cable...
The Bank of Canada is keeping its key interest rate target on hold at 0.25 percent, saying economic conditions still require it even if things are going better than anticipated.
New condo sales have ramped up in Ontario’s less populated regions, including Niagara and Simcoe, a sign that demand for housing in suburban and semi-rural areas is growing stronger.
Since...
Canada could be set for better-than-expected growth this year, global economy forecast to expand by 5.5%
According to a new forecast, the world economy is recovering from the pandemic crisis...
