Photo: The Canadian Press
The Real Estate Board of Greater Vancouver says May home sales rose 15.7 per cent from a year earlier.
Category: Business News
The PGA Tour announced Tuesday it would merge with LIV Golf, a Saudi-backed men’s golf organization that formed last year to compete with the PGA.
News of the merger sent shock waves through the sports world and even reached the
OTTAWA –
The Bank of Canada raised its overnight rate by 25 basis points to 4.75 per cent on Wednesday, its first increase since pausing hikes in January. The central bank’s key interest rate has not been this high since
Irving Oil says it has launched a strategic review that will consider, among other things, “a full or partial sale” of the company, one of the largest in New Brunswick.
“A strategic review of the company is underway, and a
With the latest hike bringing Canada’s key interest rates to levels not seen since 2001, one mortgage broker is warning that it may be “the last straw” for some homeowners with variable mortgages.
“We started to hear from people in
The Bank of Canada did exercise patience, but not enough
Photo: Glacier Media file photo.
The Catalyst paper mill in Powell River was indefinitely shut down not long after Paper Excellence purchased it.
Earlier this year, Paper Excellence capped off an unprecedented series of multibillion-dollar buyouts to become the largest
The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter of 2023, Statistics Canada reported Wednesday.
The latest data shows growth beating out the federal agency’s own forecast of 2.5 per cent for the
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The spring surge in Toronto house prices accelerated again in May, providing another sign of persistent inflation in parts of the Canadian economy before a key central bank interest rate decision next week.
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The benchmark price
The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool.
Friday’s report from the government showed that
