2 h. ago Varcoe: 'Terrible' oil prices could create a difficult budget crunch for Alberta, premier warns

Oil prices have been “terrible” recently and Albertans need to brace for a difficult budget situation if they continue to slide, says Premier Danielle Smith.  The price of benchmark U.S. West Texas Intermediate (WTI) crude has dropped nearly 10 per cent since late July, closing below US$63 a barrel on Monday – nearly $5 below […]

Economics

6 h. ago From Toronto to Vancouver to Ottawa: The housing slowdown Is spreading 

Canada’s housing market is facing a structural challenge with immediate and long-term consequences: housing starts in the country’s largest urban centres are slowing sharply, with no signs of a near-term recovery. The Greater Toronto Area (GTA) was the first to see significant declines, followed by Metro Vancouver and now Ottawa. The pattern is clear, and […]

Other

6 h. ago Inflation rate cools to 1.7% in July thanks to lower gas prices: StatCan

OTTAWA — Inflation cooled in July thanks largely to relief at the gas pumps, but Statistics Canada said grocery and shelter costs were accelerating last month.  The annual rate of inflation fell to 1.7 per cent in July, the agency said Tuesday, down from 1.9 per cent in June.  A 16.1 per cent decline year-over-year […]

Economics

16 h. ago Justice Department to begin giving Congress files from Epstein probe: Lawmaker

WASHINGTON — The Justice Department has agreed to provide to Congress documents from the Jeffrey Epstein sex trafficking investigation, a key House lawmaker said Monday in announcing a move that appears to avert, at least temporarily, a potential separation of powers clash. The records are to be turned over starting Friday to the House Oversight […]

Events

29 h. ago CMHC reports annual pace of housing starts in July up four per cent from June

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in July rose four per cent compared with June. The agency says the seasonally adjusted annual rate of housing starts was 294,085 units for July, up from 283,523 in June. The seasonally adjusted annual pace of housing starts for Canadian centres […]

Culture

4 d. ago Canada’s home sales climb almost 4%, the fourth monthly rise in a row

CREA say 'the long-anticipated post-inflation crisis pickup in housing seems to have finally arrived'

Other

5 d. ago Rental demand remains strong in Calgary and even more so in Edmonton

Vacancy rates across Canada, including Alberta, expected to rise this year, CMHC report forecasts, easing pressure on renters.

Other

5 d. ago Canadians boycotting U.S. trips at record numbers while more Americans travel north

For the first time in at least five years, American travel to Canada has outnumbered Canadian visits to the United States, according to new data.Statistics Canada released its latest international arrivals numbers on Monday. It found that 1.8 million Americans travelled north by car in July, while only 1.7 million Canadian residents returned by car from a visit to the U.S.According to the report, Canadians visiting the U.S. by land saw a steep 36.9 per cent decline from July 2024. Comparatively, American trips to Canada in July declined 7.4 per cent from the same time last year.It reveals a sharp switch-up after years of Canadian travel down south outnumbering Americans visiting Canada.U.S.-resident trips to Canada by automobile, July 2019 to 2025. (Statistics Canada)StatCan included cross-border travel data dating back to 2019 that shows the rare reversal in travel patterns. Canadians visiting the U.S. routinely outpaced American travel to Canada up until last month.Trave...

Sport

6 d. ago Canada Strong Pass may have led to 15 per cent spike in museum attendance

New data shows Canadians are taking advantage of the perks included with the Canada Strong Pass, with museums seeing a 15 per cent spike in attendance for July.

Other

8 d. ago Ontario records low housing starts in 2024 as it aim for Ford’s goal

The government recently updated its housing tracker for the first time in eight months

Sport

8 d. ago Ontario records low housing starts, even using new ways of counting them

The government recently updated its housing tracker for the first time in eight months, and it provides yet another glimpse into home building struggles.

Sport

8 d. ago Ford government fails to hit housing target, even after adding LTC beds, student dorms

New data released by the province shows that, even with 20,000 non-traditional housing starts added, 2024 was another year Ontario missed its home construction targets.

Politics

1 week ago Average asking rents fall annually for 10th straight month to $2,121: Report

The national average asking rent in July fell 3.6 per cent from a year earlier to $2,121, marking the 10th straight month of year-over-year decreases and the largest drop of 2025 so far. The latest monthly report from Rentals.ca and Urbanation says asking rents held roughly steady in July on a month-over-month basis, down $4 […]

Economics

1 week ago Here’s a quick glance at unemployment rates for July, by Canadian city

OTTAWA — The national unemployment rate was 6.9 per cent in July. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It cautions, however, that the figures may fluctuate widely because they are based on small statistical samples. Here are the jobless rates last month by city (numbers from the […]

Other

1 week ago Travel from B.C. into U.S. falls again in July, but by less than prior months

Canadian vehicles trips into Washington state at the Peace Arch, Pacific Highway, Lynden and Sumas crossings were down 28 per cent last month over July 2024.

Other

1 week ago Lacklustre conditions weigh on U.S. resale, new home markets

Multi-family pushes housing starts upward, while sales of single family homes fall in the United States.

Other

1 week ago Toronto's hottest month of home sales in years is actually not quite what it seems

It appears as if Toronto's real estate market is finally starting to buck the acute, uncharacteristic downward trend that has defined it for many months.Numbers from the last month of property sales in and around the city have arrived, and they show that the region is, as experts have predicted and hoped, indeed recovering from the unprecedentedly weak sales numbers and record-high inventory levels that it's experienced so far this year.According to the data, released in a report from the Toronto Regional Real Estate Board (TRREB) on Wednesday, 10.9 per cent more homes changed hands over the course of July 2025 than during July 2024 — and the first year-over-year increase in sales period since fall 2024.This is also the first time since last November that sales have outpaced the number of new listings. While this report still details a 5.7 per cent uptick in the number of homes hitting the market last month&nb...

Other

1 week ago Greater Toronto housing market sees best July in four years: TRREB

Greater Toronto Area-home sales rose 10.9 per cent in July compared with a year earlier as 6,100 properties changed hands, the most activity recorded in the month since 2021. The Toronto Regional Real Estate Board says sales were up 13 per cent from June on a seasonally adjusted month-over-month basis, as improved affordability driven by […]

Other

1 week ago Is it finally a home buyer's market again? Edmonton home sales down, listings up 20 per cent from last year

4,387 properties were newly listed on the market in July, up 20 per cent compared to July 2024 and 7.8 per cent higher than the previous month

Sport

1 week ago Greater Toronto housing market sees best July in four years: real estate board

Toronto-area home sales rose 10.9 per cent in July compared with a year earlier as 6,100 properties changed hands, the most activity recorded in the month since 2021.

Other