Cities

OTTAWA – Canada's latest reading on inflation came in hotter than expected as the cost of groceries continued to climb at the fastest pace in decades, setting the stage for another sizeable interest rate hike next week.In its latest…

Bank of Canada governor Tiff Macklem emphasized Friday (Oct. 14) that he has not changed his mind on interest rate hikes, even as expectations grow about a possible recession next year.Now is not the time to be flexible on interest…

VANCOUVER – Voters in Vancouver's municipal election have been met with an array of proposed solutions to the city's chronic housing unaffordability – but the same question looms over all the mayoral candidates and their pledges.That's…

OTTAWA – Despite some early signs of a slowing economy, Bank of Canada governor Tiff Macklem says more interest rate hikes are necessary to bring inflation down.Speaking to the Halifax Chamber of Commerce on Thursday, Macklem said…

VANCOUVER – The Real Estate Board of Greater Vancouver says September's home sales dropped by 46 per cent since last year and 10 per cent from August as interest rate increases cooled buyer sentiment.The B.C. board says sales in the…

The Ontario Association of Landscape Architects (OALA) has recognized 11 award winners for their outstanding contributions to the community.The awardees were recognized at the Awards evening on September 21 as part of the joint…

BANFF, Alta. – Preventing current high inflation levels from becoming embedded into the public's expectations is key if the country is to avoid falling into recession, former Bank of Canada governor Stephen Poloz said Thursday.…

OTTAWA – Canada's homeownership rate is on the decline, with young adults in particular less likely to own a home in 2021 than they were in 2011, says Statistics Canada.According to the latest census release, two-thirds of Canadians…

OTTAWA — British Columbia's high housing costs are hitting people from all walks of life, from young professionals who can't afford down payments, to students and low-income renters, to people living in tents who are afraid they will die…

OTTAWA – Bank of Canada deputy governor Paul Beaudry said in hindsight, governments and central banks should have withdrawn stimulus measures earlier as economies recovered from the COVID-19 pandemic, which likely would have kept a lid…