4 d. ago US Trade Gap Shrinks on Export Boost as Imports Stay Elevated

The US trade deficit shrank in February from a record at the start of the year as stronger exports blunted the impact of a rush to secure goods and materials before the Trump administration’s sweeping tariffs.

Economics

1 week ago New GTA home sales were the lowest February ever on record: BILD

GTA new home sales remained historically slow in February, marking the lowest ever February on record according to the Building Industry and Land Development Association (BILD). There were 400 new home sales in February, which was down 50% from February 2024 and 84% below the 10-year average, according to Altus Group, BILD’s official source for […]

Sport

1 week ago Building Industry reports worst February on record for new home sales in the GTA

Toronto, March 27, 2025 (GLOBE NEWSWIRE) — Greater Toronto Area, March 27, 2025 – Greater Toronto Area (GTA) new home sales remained historically slow in February, marking the lowest ever February on record, the Building Industry and Land Development Association (BILD) announced today. There were 400 new home sales in February which was down 50 […]

Sport

1 week ago China’s Steel Market Is Still in Thrall to Bleak Property Data

Chinese steel prices are languishing, despite signs of resilience in the wider economy and the approach of peak demand season in the building industry.

Other

2 w. ago Oil Holds Drop With US Stockpile Climb and Geopolitics in Focus

Oil held a decline as an industry report pointed to a build in US crude stockpiles, while geopolitical concerns continued to fester.

Politics

2 w. ago Hardly any developers are building homes in Toronto as market continues to plunge

Despite Toronto's impractical cost of living, the stress of the trade war and the nation's casual economic recession and all, it's a pretty great time to get into GTA real estate if that's always been a dream of yours.Sellers are getting desperate as new listings continue to indundate the market while sales numbers remain a shadow of what they once were.The downward spiral has been been especially bad for condos, and worse, still, for new condos — so bad that a growing number of complexes have been stalled in various stages of progress, with not enough units sold to continue.Naturally, this has been cause for alarm among stakeholders on the building side of things, who continue to plead for the government to intervene in the form of lowering certain taxes, development charges and other fees that hamper new construction.The Building Industry and Land Development Association (BILD) and Canada Mortgage and Housing C...

Sport

3 w. ago Egg prices continue to hit records but some relief may be coming

NEW YORK — Egg prices again reached a record high in February, as the bird flu continues to run rampant and Easter and Passover approach. The latest monthly Consumer Price Index showed a dozen Grade A eggs cost an average of $5.90 in U.S. cities in February, up 10.4% from a year ago. That eclipsed […]

Economics

3 w. ago Taxi industry pushing Toronto to ban U.S. rideshare companies like Uber

Canadian taxi and ride-hailing companies are calling on Toronto city council to be included in efforts to promote local businesses.In an open letter, Canadian companies Beck Taxi, Co-op Cabs, Toronto 1 Taxi, and Hovr called to be added to the city's recently introduced "Buy Local, Buy Canadian" campaign amid the trade war with the U.S."U.S. tech companies, among the Trump administration's biggest backers, have taken over too many Canadian markets, reshaping our laws and regulations to build monopoly power. The ride-hailing industry is a prime example," wrote the companies in the letter.They claim that U.S. companies operating in Toronto, like Uber and Lyft, have increased congestion, taken money from the TTC, lowered earnings for drivers and imposed surge pricing models on travellers.The letter argues that "app-based ride-hailing and payments are now offered by many local taxi companies as well as Hovr, a new Canadian ride-hailing platform."To do that, the companies say Toronto coun...

Economics