13 h. ago Huge segment of Canada's real estate market in major trouble due to U.S. tariffs

The forthcoming impacts of the Canada-U.S. trade war initiated by President Donald Trump's tariffs could put a real dent in Canada's industrial real estate market.According to a new report by CBRE, recent solid performances in this particular sub-sector of the commercial real estate market are now being overshadowed by the trade war."Many [local] markets cited the ongoing tariff and trade uncertainties as a major headwind that tempers the outlook for leasing demand over the next couple of quarters," reads the report.Moreover, for the commercial real estate market, "the impact of tariffs will be more directly felt by Canadian industrial markets."This is not entirely surprising, as Canadian federal and provincial governments are forecasting that the manufacturing, natural resource-export industries, transportation, logistics, and retail sectors will be the hardest hit.Such businesses, which account for very significant employment, are some of the largest users of major industrial spac...

Politics

33 h. ago Ontario's 2025 summer forecast has arrived and here's what's in store

Ontario's weather still seems to be yo-yoing between wintery lows and summerlike highs, but the province's 2025 summer forecast promises that higher temperatures will eventually stick around — but will they be too high?While blustery frigid temperatures seem committed to sticking around until the bitter end (can it be now, please?), experts have been predicting above-average temperatures in Ontario this spring, which have already been foreshadowed by a handful of above-seasonal days so far.This summer, they're holding fast to that prediction, forecasting above-average — even potentially record-breaking — temperatures throughout the sunny season.The Old Farmer's Almanac's summer 2025 report for the U.S. and Canada reports a slow build-up to hotter temperatures this summer, with June temperatures remaining more or less the same.However, the Almanac predicts July and August will bring above-average temperatures to much of North America, and, with last s...

Other

59 h. ago Downtown Toronto is still struggling despite some signs of life returning

Downtown Toronto has gradually recovered much of the vitality lost during the pandemic years, but the city centre is still struggling with a dearth of office workers even amid signs of life returning.New data in CBRE's just-released Q1 2025 Canada Office Figures report reveals that vacancy in downtown Toronto's gutted commercial market rebounded slightly during the first months of the year, but there's still a long way to go before things are even close to normal again.CBRE's figures show that Toronto fared better than other Canadian cities during the first quarter of 2025, with downtown office vacancy declining by 50 basis points to 18.5 per cent.While this leap marks the first substantial drop in vacancy recorded since the market took a nosedive in early 2020, there is still much ground to recover should vacancies ever drop to the figures seen in the before-times.Central Toronto's office market hit a record low vacancy rate of just 2.2 per cent in the fourth quarter of 2019. Howev...

Other

4 d. ago Disciplinary hearing results in admonishment for former Canada coach John Herdman

A disciplinary committee hearing into John Herdman, triggered by the Olympic drone-spying scandal, has concluded with the former Canada coach receiving a written admonishment. The disciplinary hearing, conducted by a three-person panel independent of Canada Soccer, came after Herdman was cited in the report by Sonia Regenbogen of the law firm Mathews, Dinsdale and Clark […]

Other

5 d. ago Airline flight bookings between Canada and U.S. down 70%, report says

For April 2025, only 295,982 bookings have been recorded, a 75.7% decline

Other

5 d. ago Here's how grocery prices have changed at Walmart in Toronto between 2024 and 2025

Does it feel like you're paying more for groceries? You're not imagining it. But while some prices at Walmart Canada went up in the last year, some items actually got cheaper.Canada's Food Price Report (CFPR) had forecast that food prices would increase by 3 per cent to 5 per cent in 2025. The report states that an average Canadian family of four is expected to spend $16,833.67 on food this year — up $801.56 from 2024.According to the report, Canadians are likely to see the most significant price increases in categories such as bakery, dairy, meat, restaurants and vegetables, up from 4 per cent to 6 per cent.Meanwhile, wages can't seem to keep up. The federal minimum wage is scheduled to increase by 45 cents on April 1 from $17.30/hour to $17.75 per/hour — a 2.4 per cent increase.And this year, a U.S.-Canada trade dispute has resulted in uncertainty across several industries.We wanted to see how prices in April 2024 compare to the curre...

Economics

6 d. ago U.S. says fentanyl major threat to country, but doesn’t mention Canada

U.S. President Donald Trump has frequently cited 'massive' amounts of fentanyl coming in from Canada as reasoning for his tariffs, but a new report appears to contradict him.

Politics

6 d. ago San Antonio and Detroit among U.S. cities most vulnerable to tariffs: Report

OTTAWA — San Antonio, Detroit and Kansas City are the three American cities most vulnerable to a trade war, says new research by the Canadian Chamber of Commerce.  The research looked at 41 cities in the U.S. to determine which ones are the most dependent on trade with Canada.  The report says that U.S. cities […]

Economics

7 d. ago Huge share of Canadian landlords say they are now losing money on renting

A new report by online marketplace liv.rent shows that many Canadian cities are experiencing a rapidly changing rental landscape, and it's affecting landlords and renters across the country.The company's 2025 Canada Rental Market Trend Report surveyed hundreds of Canadian landlords and discovered that nearly half feel their asking rent is lower than they prefer, as they aren't able to cover the basic expenses of ownership.However, almost the same percentage of renters responded that current rent prices are too high in Canada, which is indicative of what liv.rent describes as a growing divide in opinion."Despite many renters believing that landlords are making substantial profits, most landlords report little-to-no profit, with only a small fraction seeing significant financial gains," said liv.rent in its report."While landlords see slower demand, rising costs and an adequate rental supply, renters report intense competition and difficulty securing housing."The survey of over 3...

Other

7 d. ago Looking to buy a vacation home? Here’s where prices are headed

A Royal LePage report forecasts the median price of a single-family home in Canada’s so-called recreational regions to rise four per cent year-over-year to $652,808.

Economics

9 d. ago Canadians streaming more even as leading providers jack prices and increase ads: report

'It's not niche. TV is becoming niche'

Economics

9 d. ago ‘TV is becoming niche’: Streaming grows in Canada despite rising prices, report says

Canadians are increasingly opting to watch TV through paid streaming platforms such as Netflix or Disney Plus despite the prices of those services continuing to rise. An annual report released Monday by Convergence Research suggests the introduction of ad-supported basic plans have helped keep momentum going for streamers in the battle against traditional cable and […]

Economics

1 week ago RCMP unit that flags violent threats to PM, public figures faces workload burnout

'Over the last few years, the number and complexity of threats and violence targeting protected persons in Canada has continually increased,' a newly released internal report says.

Events

1 week ago Canada Rushes to Fund Its Neglected Military After Trump Threats

Three decades ago, Canada published a report about its future military plans. “The Cold War is over,” its first chapter began, before outlining the government’s massive budget pressures and proposing cuts to personnel and defense spending.

Events

1 week ago Delta Pilots Warned on Rapid Descent Before Toronto Jet Flipped

The Delta Air Lines Inc. plane that flipped over as it landed in Toronto last month was warned about its rate of descent, according to a preliminary report released Thursday by the Transportation Safety Board of Canada.

Transport

1 week ago Toronto plane crash: Delta flight had ‘high rate of descent,’ preliminary report finds

Canada's safety board has released a more detailed report into the Delta plane crash in Toronto last month, but stopped short of drawing any conclusions into what caused the crash.

Events

1 week ago Pearson plane crash report: High rate of descent seconds before touchdown

A preliminary report into a plane crash at Toronto’s Pearson airport last month says the aircraft’s alert system indicated a high rate of descent less than three seconds before touchdown. The Transportation Safety Board of Canada released its report this morning as it continues to investigate the Feb. 17 crash landing that sent 21 people […]

Events

1 week ago Local news coverage in Canada in steep decline, inviting misinformation: report

The number of local news outlets has been in significant decline in Canada, leaving suburban residents in particular “starving” for local coverage, a new report found — and creating gaps for misinformation to take hold. The report by the Canadian Centre for Policy Alternatives found that almost 2.5 million Canadians live in a postal code […]

Events

2 w. ago Safety board to release preliminary report on Delta plane crash at Pearson

The Transportation Safety Board of Canada says it will release a preliminary report Thursday on a crash landing at Toronto’s Pearson airport that sent 21 people to hospital last month. The Delta Air Lines flight arriving from Minneapolis, Minn., crashed on Feb. 17, leading to days of travel disruptions at Canada’s busiest airport. All 76 […]

Events

2 w. ago Toronto Pearson Delta plane crash preliminary report coming Thursday: TSB

All 76 passengers and four crew members survived when the plane flipped over and burst into flames upon landing on Feb. 17

Events