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Brookfield Business Partners to Acquire Common Shares of Genworth Canada
Brookfield Business Partners L.P. has announced an agreement to acquire an aggregate of 48,944,645 common shares of Genworth MI Canada Inc. The shares represent an approximate 57 per cent controlling interest in the business, from Genworth…
Habitat for Humanity Canada Receives a $32.4 million Fund From the Federal Government
Habitat for Humanity Canada and its affiliated organizations across the country will receive a $32.4 million financial commitment over three years (2019-2021) from the federal government.Today, I announced $32.4 million over three years…
The Government of Canada and the City of Toronto Invest $850,000 to fund the Bentway Pedestrian…
Adam Vaughan, Member of Parliament for Spadina–Fort York, and John Tory, Mayor of Toronto, have announced the Government of Canada and the City of Toronto are investing up to $850,000 to fund the Bentway Pedestrian Bridge.According…
Increasing Detached Home Sales Raise Average Price in the GTA
RE/MAX of Ontario-Atlantic Canada’s latest report on detached homes in the Greater Toronto Area states that the bounce-back in single-detached home sales is contributing to an uptick in average price. More than 50 per cent of neighbourhoods…
Construction Begins on Library and Archives Canada’s New Preservation Facility
Library and Archives Canada has begun construction on its new 12,900 square-metre preservation facility in Gatineau.The centre will provide 21,240 cubic metres of collection storage capacity and will also be among the worlds largest…
Unemployment Rate Remains at Record Lows, Wage Growth Surges: Labour Force Survey
According to data provided by Statistics Canada, there was little change in employment for the third consecutive month in July, while the unemployment rate increased by 0.2 percentage points to 5.7 per cent as more people searched for work.…
Younger Gens Have Fewer Housing Options as Toronto Seniors Stay in Homes Longer: Study
TORONTO — A growing trend among Toronto-area seniors to delay downsizing efforts and remain in their homes for longer could indicate future housing pressures for younger generations, a new report said Thursday.The Canada Mortgage and…
The Grey to Green Conference on Green Infrastructure Moves to the Twin Cities Region for the First…
From September 30 to October 1, 2019, the Grey to Green Conference on green infrastructure will be held outside of Toronto for the first time at the McNamara Alumni Center, University of Minnesota."The Twin Cities are known for…
EACOM Donates $86,000 Worth of Lumber to Support Canadian Communities
For the third year in a row, Eastern Canada’s wood products company EACOM Timber Corporation joins forces with Habitat for Humanity Canada to make a lasting impact in Canadian communities.This year, the company is helping 19 families…
Ontario Bucks National Trend of Slower Housing Starts in July, says CMHC
Ontario bucked a national trend that saw the pace of construction of new homes slow in July, the Canada Mortgage and Housing Corp. said Friday.CMHC's seasonally adjusted annualized rate of housing starts fell by 9.6 per cent in July to…