Canada

Ottawa's new mortgage stress tests accounted for at least half of the decline in new mortgages started last year, according to a new report by CIBC that calls for the measure to be revisited amid a falling housing markets.The total…

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged higher in March 2019 after having declined sharply the previous month.Highlights:National home sales edged up 0.9%…

OTTAWA – Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point.A report Thursday from the Canada Mortgage and Housing Corp.…

OTTAWA – The chief executive of the Canada Mortgage and Housing Corp. says his agency wants to raise hundreds of millions more dollars to help Canadians afford places to live, adding to the billions already available in government funding.…

OTTAWA – Canada is warming up twice as fast as the rest of the world and it's ``effectively irreversible,'' a new scientific report from Environment and Climate Change Canada says.At stake is just how bad that warming gets, said several…

CALGARY – Ten months after tenants started moving into the still mostly empty New Horizon Mall just north of Calgary, its first anchor tenant is being announced this week.That means the grand opening originally scheduled for October…

OTTAWA – The Trudeau Liberals are making another end-run on the provinces in their bid to spend infrastructure money, citing problems with getting projects off the ground as a reason to deliver $2.2 billion more directly to cities.…

OTTAWA – Thank you, Mr. Speaker.Last week, I was back home in Toronto–where I had a chance to visit with some young people at the Boys and Girls Club in Regent Park.It was March Break last week, so they were pretty focused on having…

OTTAWA – On the eve of a federal election this fall, the Liberal government is looking to help more Canadians buy their first homes by picking up a portion of their mortgage costs and increasing the amount they can borrow from their…

OTTAWA –  Highlights from the federal Liberal budget tabled Tuesday by Finance Minister Bill Morneau:–  $1.7 billion over five years, and $586 million a year after that, for a Canada Training Benefit to help workers upgrade skills…