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OTTAWA – A pair of new reports from the Bank of Canada point to rising inflation expectations by Canadian businesses and consumers.In its business outlook survey released Monday, the central bank said businesses' expectations for…

Minister of Immigration, Refugees and Citizenship Marco Mendicino holds a press conference in Ottawa in November 2020. THE CANADIAN PRESS/Sean Kilpatrick Fawziah Rabiah-Mohammed, Western University; Abe Oudshoorn, Western University;…

JOHN'S, N.L. — As a shortage of affordable rental housing grips the capital of Newfoundland and Labrador, an anti-homelessness group is calling on the City of St. John's to fill its vacant public units.Doug Pawson, executive director…

TORONTO — Ontario Premier Doug Ford, whose previous government said it was stymied by municipalities in making further progress on housing supply, said Monday he will have a very ``aggressive'' plan moving forward.Ford said that supply…

Amidst skyrocketing costs of living and housing, mistrust towards Bank of Canada rises, too

The Canadian Wood Council hosted a full-scale fire test at the Canadian Explosives Research Lab in Ottawa, to observe the behaviour of mass timber construction exposed to fire.To date, the majority of exposed mass timber compartment…

The Canadian Home Builders’ Association (CHBA) has released its annual report on the performance of Canada’s residential construction industry, which according to the association, details a record-setting year for the industry in its…

RBC’s latest housing affordability report released Thursday reveals that the situation is the worst its been since the early 1990s, and will worsen before it gets better.RBC’s aggregate affordability measure for Canada went up 3.7…

OTTAWA – Soaring gas prices helped the annual inflation rate in May soar to its highest level in nearly 40 years, as the rising cost of living for Canadians squeezed household budgets and bolstered expectations the Bank of Canada will opt…

CALGARY – Alberta's cities are once again abuzz with the sound of hammers and saws as surging oil prices fuel a fresh building boom in the province.According to Statistics Canada, housing starts in Alberta, seasonally adjusted at an…