1 week 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...

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2 w. ago Runaway Train: $3.6B in Excess Municipal Spending Driving Up Property Taxes Across B.C., says new report

B.C. property taxes soared 94%—outpacing inflation and national trends Vancouver, Sept. 18, 2025 (GLOBE NEWSWIRE) — Municipal operating spending has surged over the past decade, pushing property taxes higher and worsening affordability pressures for families and businesses, according to a new report released today by the Business Council of British Columbia (BCBC).  The report, Runaway […]

Economics

2 w. ago Food Banks Canada says food insecurity up, but there’s cause for hope

A new report from the charity Food Banks Canada says food insecurity continues to climb, but new government programs could ease financial strain. The organization’s 2025 “Poverty Report Card” gives Canada a failing grade on food insecurity and unemployment, but a slightly more palatable “C” for legislative progress, making the overall mark a “D”. Citing […]

Events

2 w. ago Food insecurity in Canada got worse this year, new report says

Food Bank Canada's 2025 "Poverty Report Card" gives Canada a failing grade on food insecurity and unemployment, but a slightly more palatable "C" for legislative progress.

Events

2 w. ago Food Banks Canada says food insecurity is up but there’s small cause for hope

A new report from the charity Food Banks Canada says food insecurity continues to climb, but new government programs could ease financial strain. The organization’s 2025 “Poverty Report Card” gives Canada a failing grade on food insecurity and unemployment, but a slightly more palatable “C” for legislative progress, making the overall mark a “D”. Citing […]

Events

4 w. ago Lenders Flip Bank of Canada Calls to Cuts After Ugly Jobs Report

Two of Canada’s largest lenders now see the Bank of Canada cutting borrowing costs later this month after a worse-than-expected jobs report.

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