Economy

As governments look to stimulus investments in infrastructure as a vehicle for economic recovery, there is an opportunity to support Ontario’s workforce to ensure the building industry can help meet Canada’s climate goals and create jobs,…

Canada will join a collaboration of governments and supporting organizations called The Three Percent Club to put the world on a path to three percent annual energy efficiency improvement.According to the organization, Canada’s…

MONTREAL, Ont. – DavidsTea is seeking court protection from creditors so it can continue operating while it restructures and plans to close a significant number of its stores.The Montreal-based company said Wednesday it will seek an…

NEW YORK – Americans are likely to see more ''for rent'' signs in the coming months as many businesses devastated by the coronavirus pandemic abandon offices and storefronts and potentially end a long boom in the nation's commercial real…

Significant employment and income declines, coupled with uncertainty over the future trajectory of the virus and employment and income conditions, will lower demand for housing in 2020 reports Canada Mortgage and Housing Corporation (CMHC).…

According to a Statistics Canada release, investment in building construction plunged 45.9% to $8.4 billion in April compared with the previous month. Previously, the largest national decline on record for the current series (which dates…

Accelerating productivity-enhancing infrastructure projects could provide much-needed stimulus and help Canada’s economy recover from the COVID-19 crisis, according to a C.D. Howe Institute Crisis Working Group.The Institute’s…

Each day, SoHo hotel general manager David Kelley hears the sound of his footsteps echoing off the marble floors and panelled walls as he walks across the lobby, a space as empty as the 89 rooms above him.''It is very quiet. We keep it…

TORONTO – The Ontario government is putting a temporary ban on commercial evictions to help small business owners who are struggling to pay their rent amid the COVID-19 fallout.Premier Doug Ford says the moratorium applies to small…