55 h. ago Canada’s oilpatch set to pull ahead as falling prices put U.S. shale in ‘death zone’

Eric Nuttall says Canada has the ability to be 'one of the last men standing' in oil supply

Economics

5 d. ago Here's how much home prices in Canada are expected to drop in 2025

Following an uptick in home prices in 2024, British Columbia could be among the parts of Canada to see a potential decline in housing prices in 2025.According to a recent forecast by TD Bank's economists, average home prices in B.C. will fall by 4.1 per cent in 2025, before rising by 2.7 per cent in 2026. This comes after a 1.7 per cent increase in home prices in 2024.This will be the country's second-largest dip in home prices, following the forecast for Ontario: a decrease of 6.4 per cent in 2025, and a subsequent increase of 2.2 per cent in 2026. Last year, home prices in Ontario went up marginally, by 0.3 per cent.As for the number of home sales in B.C., the volume of transactions is expected to decrease by 0.8 per cent, before rallying by a staggering 14.7 per cent in 2026. Similarly, Ontario will see a 7.6 per cent drop in home sales in 2025, followed by a 16.9 per cent increase in 2026, the bank's experts say."This reflects muted demand conditions in both [B.C. and Ontar...

Economics

5 d. ago Toronto rent prices continue to fall and are the cheapest they've been in years

Though Toronto is still very far from being considered an affordable place to live, rent prices in the city have been on a consistent downward trajectory for many months now, and the latest figures from March 2025 are no different.By the end of 2024, the average cost of an apartment in the Big Smoke had plummeted to the cheapest level it had been in more than two years, which has now extended into a whopping 32-month low.New reports from listing platforms like Zumper and Rentals.ca show that though it's still far pricier to nab a place in the GTA than almost anywhere else in the country, tenants are being afforded more financial wiggle room than they have in previous years, with the monthly rent of all sizes of units ever-lowering while the real estate market falters.As of last month, the typical one-bedroom unit in the region has dropped to around $2,300, marking a small reduction both month-over-month and year-over-year (by 0.4 per cent and ...

Economics

9 d. ago US Producer Prices Unexpectedly Fall, Dragged Down by Energy

US wholesale prices fell in March by the most since October 2023, restrained by energy costs and adding to evidence of muted inflation ahead of the Trump administration’s tariffs on US trading partners.

Economics

9 d. ago Bell: Mark Carney is now on a collision course with Danielle Smith

'It's like saying you'll win an Olympic swimming medal with an anvil tied around your foot,' says Alberta Premier Smith, on how Canada will never be an energy superpower with anti-oilpatch laws

Events

1 week ago Gas prices in Canada see one of the ‘biggest’ drops ever. What’s going on?

Prices at gas pumps across Canada have fallen significantly since the carbon tax was removed, but there is more to the story and it may be more bad news than good.

Economics

1 week ago Bitcoin and other cryptocurrencies see prices fall amid global market turmoil

After holding relatively stable during last week’s global market turmoil, cryptocurrencies have joined the sell-off. Bitcoin, the world’s most popular cryptocurrency dipped below $75,000 Monday morning before seeing a slight rebound. Bitcoin’s prices haven’t been this low since just after President Donald Trump’s Election Day victory last year launched a bull run in crypto prices. […]

Economics

2 w. ago Canadian energy stocks dragged down by steep drop in global crude oil prices

If crude price drop ends up being sustained, oilpatch may throttle back spending plans, expert says

Economics

2 w. ago Trump’s odd fascination with word ‘groceries’ reappears in tariff speech

There is no evidence supporting his statement that grocery prices are falling

Economics

2 w. ago Canada’s oilpatch executives replace tariff anxiety with fear of slowdown in energy demand

Crude prices plunge Thursday amid mounting concern about a broader slowdown in consumption

Economics

2 w. ago Customers relieved, for now, as gas prices fall at B.C. pumps after death of the carbon tax

Several drivers at one Vancouver gas station commented on the run-up in price prior to the elimination of the carbon tax

Economics

4 w. ago Poilievre calls Smith’s oilpatch demands ‘reasonable,’ challenges Carney to disclose foreign oil investments

Smith put out a list of nine non-negotiable demands, concerning Alberta’s oil and gas sector, shortly after meeting with Prime Minister Mark Carney

Transport