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business
Rental supply gains help cool pace of rent growth in 2024: CMHC
The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year amid Canada's largest gain of purpose-built rental supply in more than three decades. The federal hous...
The Canadian Press
Dec 17, 2024
The federal housing agency says the vacancy rate for purpose-built rental apartments sat at 2.2 per cent in October when the CMHC conducted the annual survey, up from the record low of 1.5 per cent last year. (The Canadian Press)
Canadians return to Canada Post with relief — and shakier faith in the service
MONTREAL - Canada Post trucks, conveyors and mail carriers swung back into motion Tuesday after a month-long strike by more than 55,000 postal workers left letters and parcels in limbo and a massive b...
The Canadian Press
Dec 17, 2024
Housing crisis voted Canadian Press News Story of the Year
OTTAWA - Canada's housing shortage, widely recognized as a national crisis and the catalyst of significant immigration cuts, is The Canadian Press News Story of the Year. More than a quarter of 96 edi...
The Canadian Press
Dec 17, 2024
Canada’s quarterly population growth hits slowest pace since early 2022
OTTAWA - Statistics Canada estimates the country's population grew by 176,699 people between July 1 and Oct. 1, marking the slowest pace of growth since the first quarter of 2022. Canada's population ...
The Canadian Press
Dec 17, 2024
Here's a list of November inflation rates for selected Canadian cities
OTTAWA - Canada's annual inflation rate was 1.9 per cent in November, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely bec...
The Canadian Press
Dec 17, 2024
Here's a list of November inflation rates for Canadian provinces
OTTAWA - Canada's annual inflation rate was 1.9 per cent in November, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): - Newfoundland and Labrador: 1.2 per c...
The Canadian Press
Dec 17, 2024
Canada’s inflation rate down a tick to 1.9% in November
Canada's annual inflation rate remained stable in November, coming in a touch below the Bank of Canada's two per cent target, though economists anticipate some volatility in the months ahead. Statisti...
The Canadian Press
Dec 17, 2024
Justin Trudeau taking the time to reflect following Freeland departure
OTTAWA - Prime Minister Justin Trudeau is taking some time to reflect after Chrystia Freeland's bombshell resignation as finance minister, Energy Minister Jonathan Wilkinson said Tuesday. That comes a...
The Canadian Press
Dec 17, 2024
Halifax mayor says city is past the worst of its housing crisis, advocates disagree
HALIFAX - The worst of Halifax's homeless crisis is over, says the city's new mayor, who wants to see encampments closed as quickly as possible - even as homelessness advocates vigorously disagree tha...
The Canadian Press
Dec 17, 2024
After fanfare of Churchill Falls deal, Newfoundland urged to learn its dam lessons
ST. JOHN'S, N.L. - Energy observers in Newfoundland and Labrador are urging the provincial government to take a sober second look at a massive tentative deal announced last week with Quebec that promi...
The Canadian Press
Dec 17, 2024
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