Economy

OTTAWA – The country's headline inflation barometer registered a year-over-year increase of 3.1 per cent last month as the pace of price growth slowed in June compared with the decade-fast pace one month ago.June's reading for the…

Major U.S. cities are topping global rankings as some of the most expensive places to build, with the cost of construction set to soar over the next two years as pressure on labor and materials coincide with major investment and President…

Home sales across Canada fell for the third consecutive month in June as the market continued to slow from its March highs, but the month still set a record, the Canadian Real Estate Association said Thursday.The association said…

OTTAWA – The Bank of Canada says the domestic economy will grow at a slightly slower pace this year than it previously thought and expects the risks from COVID-19 to wane – but not enough to change its trendsetting policy rate.The…

TERRACE STANDARDNorthwest B.C. is witnessing a dramatic real estate boom in the first half of 2021 as the COVID-19 pandemic-induced recession slowly begins to wane across the province.While the number of properties sold in 2021…

TORONTO – Realtors say people on the hunt for rental properties should lock in a lease before Canada reopens its borders.Though the federal government hasn't said how soon borders could reopen, real estate agents predict there will be a…

The federal government must tackle the country’s massive infrastructure deficit and commit more money into transit, waterworks and roads and bridges, the Residential and Civil Construction Alliance of Ontario (RCCAO) has stated in a recent…

TORONTO – The Toronto Regional Real Estate Board says the pace of sales and home prices eased in June as COVID-19 cases subsided, but a heated start to the year still pushed it to upgrade its annual forecast.The real estate board said…

OTTAWA – Hiring intentions among businesses have hit an all-time high and workers' confidence in landing a job has rebounded nearly to pre-pandemic levels as the country looks to a summer rebound from the pandemic, the Bank of Canada says.…

Calgary’s housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month, says the Calgary Real Estate Board (CREB), with the release of its monthly statistics package.“It is taking…