1 hour ago TRREB: More Interest Rate Cuts and a Trade Deal Would Further Improve Home Sales

TORONTO, July 04, 2025 (GLOBE NEWSWIRE) — Ownership housing affordability continued to improve in June 2025. Average selling prices and borrowing costs remained lower than last year’s levels. However, despite some month-over-month momentum, many would-be homebuyers remained on the sidelines due to economic uncertainty.  “The GTA housing market continued to show signs of recovery in […]

Economics

2 h. ago ‘Great energy’: Calgary Stampede kicks off with oilpatch optimism, patriotic pride

CALGARY — The party tents are up, straw bales are scattered around sidewalks and the most crucial 10 days of the year are in full swing for one Calgary bar and restaurant operator. The Calgary Stampede is a yearly celebration of western culture that kicks off Friday with a parade and includes rodeo events, concerts, […]

Other

3 h. ago Deutsche Bank Says Spain Will Keep Outperforming Euro Area Peers

Deutsche Bank AG said the Spanish economy will keep outpacing the euro area’s growth after inflation and borrowing costs eased.

Economics

6 h. ago Upcoming Toronto festival will have more than 250 varieties of taco

There's a massive taco festival coming to Toronto this summer, and 45 different restaurants in Toronto are getting in on the fun.Summertime in Toronto is to tacos as winter is to the Distillery District Winter Village, which is to say that it just wouldn't be the same without it, so it's only fitting that the summer should be flooded with a variety of taco-based events to celebrate.Perhaps the biggest of the entire season is Taco Fest, which is set to return to Toronto for its ninth year this August.Whether you're a birria, pollo or carnitas fanatic, this festival has most certainly got you covered, featuring 45 Toronto restaurants that, combined, will be offering over 250 different varieties of the Mexican street food staple.While the entire food lineup of the festival has yet to be revealed, the early teasers already suggest that it's going to be a muy caliente event, indeed, with local staples like Placos Tacos, Birria Catrin...

Culture

6 h. ago Toronto's restaurant in a gas station shuts down after 15 years

A longstanding barbecue restaurant in Toronto has closed after 15 years, and a new business is already set to move in.It's official: 2025 has seen Leslieville's food scene enter a state of complete flux. While beloved institutions like Ascari Enoteca, Greta Solomon's and Samaira's Kitchen — not to mention the century-old Reliable Fish & Chips in late 2024 — have gracefully bowed out of the neighbourhood, a flurry of new eateries have opened up shop.While Ascari and Samaira's usurpers have yet to make themselves known, the old Greta Solomon space is now home to Bar Mini, a chic snack and cocktail bar appealing to the neighbourhood's burgeoning young-and-hip population, and Reliable Fish & Chips has been replaced by a sister location of Dovercourt Village staple Masa Deli.All of this is to say that, as painful as the loss of longstanding local staples can be, with the businesses that have recently moved in, Leslieville just so happens to be ...

Other

10 h. ago U.S. immigration detainees start to arrive at Florida’s ‘Alligator Alcatraz’ in the Everglades

The facility, which will cost US$450M to operate, consists of tents and trailers surrounded by razor wire on swampland about 72 kilometres west of Miami

Culture

11 h. ago Les restaurateurs pourront facturer 10 $ aux clients fantômes dès le 17 juillet

Les réservations concernées sont celles de deux personnes ou plus, et non à partir de cinq comme cela avait été précédemment envisagé.

Economics

12 h. ago Wheel fell off RCMP trailer, sparking B.C. fire that triggered evacuations

Mounties say a wildfire that has triggered evacuations near Lytton, B.C., was caused when a wheel fell off an RCMP trailer in what was a “tremendously unfortunate” incident. Staff Sgt. Kris Clark said in a statement released Thursday that the “equipment failure” that sparked the Izman Creek fire, about 250 km northeast of Vancouver, happened […]

Events

13 h. ago Auto theft claims soar in Alberta as insurance industry calls on province for help

The Insurance Bureau of Canada reports that the cost of auto theft claims in Alberta jumped from $67 million in 2021 to $110.3 million in 2024.

Economics

13 h. ago Calgary office vacancy space continues to climb, despite conversions

The trend of growing vacancy in Calgary office buildings continued in the second quarter of 2025

Other

13 h. ago Magnetic North Acquisition Corp. Announces Cease Trade Order

CALGARY, Alberta and TORONTO, July 03, 2025 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) (“Magnetic North” or the “Company”) announces that the Alberta Securities Commission (the “ASC”) has issued a cease trade order against the Company for the Company’s failure to file its audited annual financial statements, accompanying management discussion and analysis […]

Economics

14 h. ago CRIME SCENE: Duo charged in series of Markham home invasions targeting sex workers

York Regional Police have charged a man and woman from the GTA in connection with a series of targeted home invasion robberies in Markham. Officers responded to an invasion at a condo building near Verdale Crossing and Birchmount Rd. on May 30 at about 11:30 p.m. Cops said the victim, a sex trade worker, was […]

Events

15 h. ago Canadians plan to spend an average of $3,825 on summer vacations: BMO report

A new report reveals that 62% of Canadians plan to spend the same or more on vacations and travel this summer compared to 2024, with an average budget of $3,825, which includes the cost of flights, hotels and accommodations, rentals, gas and food. BMO’s Real Financial Progress Index also highlighted that 59% are opting to […]

Economics

16 h. ago People in Ontario are least happy about their jobs out of all of Canada

Those of us with secure jobs in Ontario should feel pretty fortunate given how bad unemployment levels have gotten — especially in cities like Windsor and Toronto — but it seems that, along with a rising rate of joblessness, the province is also home to some of the most miserable workers.Canadian HR services firm ADP regularly examines how satisfied Canadians across the country are with their work lives with a monthly index, and the most recent figures show that workplace happiness is on the decline in Ontario, which is now tied with Atlantic Canada for last place.As the company headlined a recent release, "Ontario has just been named the least happy province to work in, plunging to the bottom of the national list with a score of just 6.7/10 in June 2025."Factors assessed include, alongside the primary indicator of how one would rank their overall enjoyment of their vocation, things like compensation and be...

Other

16 h. ago Ontario burger chain shutting down yet another Toronto location

An Ontario burger chain that's been on quite the roller coaster recently just confirmed that one Toronto location will be closing down.The past few months have been full of ups and downs for London, Ont.-based vegan fast food chain, Odd Burger.The chain, founded in 2014, has opened a slew of new restaurants across Canada over the past year, including an inaugural location in Vancouver and Edmonton (with another on the way).With great expansion comes great difficulties, on the other hand, and locations in Toronto have, seemingly, borne no small amount of challenges.Earlier this spring, a long-awaited location on Broadview went up for lease despite never actually opening after years of developmental issues, which came just months after the company scrapped their plans for a major U.S. expansion amid political tensions.Now, the chain's Scarborough location at 4549 Kingston Rd. has been stirring up concern, as the doors of the location remain locked and the restaurant has been m...

Other

16 h. ago Toronto neighbourhood throwing a surprise street festival this weekend

Toronto's Baldwin Village is about to come alive this Saturday, July 5, as local merchants band together for an impromptu street party that promises to bring big energy to one of the city's most underrated neighbourhoods.The one-day celebration will feature a dynamic mix of music, food, art, and dance, plus at least a couple of artisan markets; there's the potential for a surprise fashion show, too! Each business along Baldwin is curating its own lineup of talent, and so far, the street is shaping up to host a mix of live bands, DJs, visual artists, and performers.It's a grassroots event in every sense. There's no formal street closure (yet), no major sponsors, or flashy branding; it’s just a collective effort by independent business owners who want to breathe new life into this little tucked-away village. Despite being home to some of the most charming patios and low-key restaurants in the city, it still flies under the radar for many Torontonians. But thi...

Culture

16 h. ago CRIME SCENE: 4 males charged after loaded firearm found in vehicle in Mississauga

Peel Police located a loaded firearm and laid numerous firearm-related charges against four Toronto males, including one youth, after investigating a vehicle in Mississauga. On Saturday around 11:30 p.m., officers were patrolling in the area of Matheson Blvd. E. and Satellite Dr. During an investigation, officers located and seized a loaded Glock 43 Compact 9mm […]

Events

17 h. ago Canadians now have to fork over new tax to visit popular sunny getaway

Travelling from Canada to Mexico? If you're headed to the state of Baja California Sur, you'll now have to pay a mandatory tax.It's going to cost you a little more to travel to the popular Mexican state that's known for its nightlife, marine life, and luxury resorts, after the government of Baja California Sur announced that the Embrace It Tax is now in effect.That means all foreign visitors, including travellers from Canada, planning to visit the state in the northwest of Mexico will now be required to pay the tax before entry.What is the Embrace It Tax?According to the Ministry of Tourism and Economy, Baja welcomed 1.9 million travellers between January and May 2025, a 3.2 per cent increase from the previous year. It appears that the government is taking steps to mitigate the impact of tourism through the Embrace It Tax.That means that if you're staying in Baja for over 24 hours, you'll have to pay the new tax. According to a release from the local governme...

Economics

17 h. ago Toronto staple known for its steak frites is closing for good

A Toronto restaurant that has become a local hot spot just announced that it’ll be shutting down its original location later this month.When it comes to steak in Toronto, and steak frites more specifically, there's a nearly infinite number of options in the city where folks can get their fix, from Ossington's Cote de Boeuf to Jules Bistro in Leslieville.One restaurant, though, is devoted solely and entirely to the dish, and there's always something to be said for doing one thing really, really well.Ever since 2022, West Queen West's J's Steak Frites has cemented a spot on the city's culinary scene by serving nothing other than a set menu of salad, steak and unlimited fries, and, since day one, the city has been hooked.The concept proved so popular, in fact, that J's Steak Frites expanded to a second Little Italy location in July of 2024, which immediately drew just as large of a crowd as the original — if not...

Other

17 h. ago Intimate partner arrest leads to weapons, drug charges in Lanark County

A 24-year-old Lanark County man charged with intimate partner violence offences also faces a number of drug and weapons charges, provincial police said Thursday. Lanark County OPP were called to a home in Montague Township on Wednesday just before 11:30 p.m. There were several weapons and suspected cocaine seized at the scene. This resulted in […]

Culture