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OTTAWA – A federal infrastructure financing agency might not meet its near-term plan to fund projects more quickly to foster economic recovery, says a new report by the parliamentary budget officer.As it stands, the budget office…

OTTAWA –The Bank of Canada says it will wind down several pandemic buying and lending programs aimed at keeping credit flowing, believing its work there is done as market conditions improve.In a speech, deputy governor Toni Gravelle…

OTTAWA – The Bank of Canada says the national economy will go in reverse for the first quarter of 2021, hammering the hardest-hit workers again on the path to a recovery that rests on the rollout of vaccines.Workers in high-contact…

NEW CANADIAN MEDIAThe decrease in immigration caused by the pandemic has shaken the landscape of Canadian real estate to the core, states a newly released report by the Royal Bank of Canada.''Whether the changes are permanent or…

Representatives from CIBC, EllisDon, Ivanhoé Cambridge and Hines raised a ceremonial last steel beam at 81 Bay Street on January 8th. The event marks the final phase of construction for the first of two office buildings that will become…

CBRE Canada’s recent Q2 2019 Canadian Cap Rates & Investment Insights report states that trade and geopolitical uncertainties remain elevated, and reality led to lower bond yields as trade wars progressed.According to the report,…

TORONTO – A government decision to reduce a planned increase in social assistance will lead to more food bank use in Toronto, the head of a major food bank said Wednesday as his organization released a report indicating more people have…

OTTAWA – The Bank of Canada raised its benchmark interest rate Wednesday in an economy that it predicts will remain resilient even as it faces an even bigger bite from deepening trade tensions.The rate hike was the central bank's first…