Canada

CALGARY – Canadian consumers have many ways to save money on home renovations despite a pandemic-driven surge in demand that has jolted lumber and construction panel prices to all-time highs.However, such advice usually falls on deaf…

CMHC has released its 2021 Spring Housing Market Outlook report. According to the CMHC report, home sales and price growth will moderate from unsustainable 2020 levels but remain elevated. This is expected as economic growth and employment…

Economists say the Canadian dollar is at a 'sweet-spot' after rising for seven straight days to top 81 cents US, a point where it benefits consumers but doesn't hurt businesses too much.The loonie traded for 81.34 cents US Thursday, the…

OTTAWA –  The Canadian economy grew at an annual rate of 6.5 per cent through the first quarter of the year, Statistics Canada said Friday, bringing the country tantalizing close to reaching pre-pandemic output.The preliminary estimate…

OTTAWA – Finance Minister Chrystia Freeland says the country needs a boost in the supply of housing to help make prices more affordable, but suggests there may be other steps governments can take.Speaking at a virtual event on Thursday,…

OTTAWA – The bank of Canada provided a rosy revision to its economic outlook Wednesday but kept its key rate at 0.25 per cent in a sign that it won't count its chickens before they hatch.The improving conditions are why the bank also…

OTTAWA – Experts and advocates say countrywide government measures aimed at putting housing within reach of more Canadians mark a step in the right direction, despite a few misses and ham-fisted moves.Monday's federal budget promised…

OTTAWA – The federal government topped up its housing and infrastructure plans in Monday's budget, but held back on an overhaul as homes and cities grow increasingly unaffordable.In the first budget in more than two years, Finance…

HALIFAX – Two years after moving to Halifax from Ireland, Sarah and Nick Moriarty began house hunting.After losing multiple bidding wars, the couple offered $50,000 over the list price on a house – and included a handwritten letter by…