5 d. ago Markets reach new highs despite U.S. government shutdown and economic ‘data vacuum’

TORONTO — Canada’s main stock index reversed earlier losses to finish in positive territory and continue its streak of record highs, while U.S. markets also gained despite a U.S. government shutdown preventing the release of economic data. “The market’s hitting all-time new highs … we were looking for some jobless claims data today from the […]

Politics

6 d. ago Aramco’s Surprise LPG Price Cut to Ramp Up Competition for Sales

Saudi Arabian Oil Co. cut prices for liquefied petroleum gas to the lowest since August 2023, a move that could help bolster sales of the widely-used cooking fuel amid rising competition with rivals.

Economics

1 week ago Canadian market continues streak of improving monthly sales in August

Newfoundland leads the pack with its percentage of increased sales of homes, with Alberta riding a six-month upward trend.

Other

2 w. ago Toronto home sales hit 'rock bottom' as experts alarmed over 'unfolding crisis'

Just in case you thought the Greater Toronto Area (GTA) new home sales market couldn't get any worse, well, things just got worse.A troubling new report from the Building Industry and Land Development Association (BILD), released on Tuesday, is more bad news for anyone looking to sell their home in the region, with abysmally low sales figures that continue the cliff-diving trend of the past several months.A staggeringly low 300 homes were sold in the entire region of approximately 7 million residents during August 2025. This figure represents a 42 per cent nosedive from the sales figures seen the previous August, and plummeting 81 per cent below the 10-year average, according to the latest data from Altus Group.To put these massive declines in perspective, a typical August over the past decade would have averaged out at just shy of 1,600 units sold. Just a fraction of this figure was reached this past August."GTA new home sales in August 2025 remained at rock bott...

Other

2 w. ago Blue Mantis Acquires Coreio Inc., Expanding ServiceNow Capabilities, Nearshore Delivery and Canadian Market Reach

PORTSMOUTH, N.H., Sept. 23, 2025 (GLOBE NEWSWIRE) — Blue Mantis, a security-first IT services provider specializing in helping clients achieve business modernization by applying next-generation technologies, today announced the acquisition of Coreio Inc., a fast-growing IT services firm specializing in ServiceNow consulting, infrastructure and operations (I&O) and managed services. This strategic move positions Blue Mantis […]

Other

2 w. ago CRA says it’s hiring more call centre staff, using AI to improve services

OTTAWA — The Canada Revenue Agency says it’s hiring more staff at its call centres and expanding its use of artificial intelligence as part of a 100-day plan to improve its services. Earlier this month, Finance Minister Francois-Philippe Champagne set a 100-day timeline for the CRA to fix call centre delays. The CRA says it’s […]

Other

2 w. ago Bollinger Innovations Receives $1,074,035 for Vehicles Sold in August 2025; Company Continues Sales Momentum and Improves Cash Flow

Payments were received Aug. 27, 2025, and Sept. 12, 2025, respectively, from Pritchard Automotive for DB Schenker and Ziegler Truck Group for previously announced Sept. 4, 2025, sale of vehicles Combined with previously announced expense reductions, Company moves closer to cashflow breakeven BREA, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) — via IBN – Bollinger Innovations, Inc. (NASDAQ: BINI) […]

Economics

2 w. ago KV Capital provides $82.4 million construction financing for Calgary rental development

Western Canadian debt provider supports 254-unit project as market transitions to balanced supply-demand fundamentals CALGARY, Alberta — KV Capital Inc. announced the closing of a $82.4-million construction loan for Arthur, a 254-unit purpose-built rental project in Calgary’s Currie neighbourhood. The financing supports the joint venture between Anthem Properties Group Ltd. and Arrowleaf Real Estate Holdings […]

Economics

3 w. ago Here's how much home prices have fallen in Toronto amid real estate slump

Toronto's property market — long one of the most competitive and overvalued in not just the country, but the entire world — has completely hit a wall under the pressures of heightened interest rates and costs of living, tariffs, and economic tumult.Amid paltry home-buying activity and a constant flow of new listings, real estate prices have, naturally, sunk, with the GTA now serving as one of only three major hubs where the cost of the average house, condo or townhome has fallen over the last year.According to real estate listing site Wahi, the Canadian market at large is "holding steady," all things considered, with the exception of Toronto, Vancouver, and Hamilton — all markets that are known for being red-hot."The Canadian housing market entered a holding pattern this August as the RPS-Wahi House Price Index was once again flat relative to the same month a year ago, although the pace of condo depreciation on an an...

Economics

3 w. ago Buyers showing optimism, could a real estate turnaround be far behind?

A combination of lower interest rates, increased inventory and improved affordability will entice buyers to get back into action Following a period characterized by consumer uncertainty and a pull-back of buyers in early 2025, the Canadian housing market may be turning a new leaf this fall, according to a new REMAX Fall Housing Market Update. […]

Other

3 w. ago BYD Clarifies Statements Made by Stellantis CEO Antonio Filosa

MILAN, Sept. 12, 2025 (GLOBE NEWSWIRE) — In response to the remarks made yesterday by Stellantis CEO Antonio Filosa, who publicly stated that “in Germany Leapmotor sold more than BYD,” the company wishes to clarify the following sales figures for the German market from January to August 2025: – With 8,610 registrations in the first […]

Other

3 w. ago Buffalo Bills hint at possible return of NFL games in Canada

The Buffalo Bills are looking to make their mark on the Canadian market.On Tuesday, the Bills announced a joint partnership with the Toronto Argonauts and owner MLSE in an attempt to help grow the sport within Canada, particularly at the youth level.According to a release from the Bills, the new deal "represents one of the many Canadian community partnerships the Bills are planning to forge this season."Earlier this year, former Toronto athletes Vince Carter, Tracy McGrady, and Jozy Altidore were announced as minority shareholders in the Bills, with all three of them on hand at a ceremony announcing the partnership at BMO Field.But one question that was on a lot of minds with the new deal: would the Bills ever play another game in Canada, more than a decade since their last one?Buffalo Bills' history of NFL games in CanadaFrom 2008 to 2013, the Bills played two preseason and six regular-season games in Toronto, all of which were hosted at the Argos' former hom...

Other

4 w. ago Nüline Distribution Appointed Exclusive Canadian Distributor of Le Feu Fireplaces

MONTREAL, Sept. 09, 2025 (GLOBE NEWSWIRE) — Nüline Distribution is proud to announce that we are now the exclusive distributor of Le Feu by Lauritsen in Canada. This strategic partnership marks an exciting new chapter in expanding the presence of Le Feu’s premium bioethanol fireplaces throughout the Canadian market. Previously served by a U.S.-based distributor, […]

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