22 h. ago Hardly any developers are building homes in Toronto as market continues to plunge

Despite Toronto's impractical cost of living, the stress of the trade war and the nation's casual economic recession and all, it's a pretty great time to get into GTA real estate if that's always been a dream of yours.Sellers are getting desperate as new listings continue to indundate the market while sales numbers remain a shadow of what they once were.The downward spiral has been been especially bad for condos, and worse, still, for new condos — so bad that a growing number of complexes have been stalled in various stages of progress, with not enough units sold to continue.Naturally, this has been cause for alarm among stakeholders on the building side of things, who continue to plead for the government to intervene in the form of lowering certain taxes, development charges and other fees that hamper new construction.The Building Industry and Land Development Association (BILD) and Canada Mortgage and Housing C...

Sport

5 d. ago Tesla Warns It Faces Retaliation, Costs From Trump Trade War

Tesla Inc. is signaling concern over potential retaliatory moves by other countries as a trade war escalates in the wake of President Donald Trump’s moves to impose tariffs on a wide range of imports.

Economics

5 d. ago Algoma Steel foresees challenges, opportunity from trade war as it works to cut costs

The chief executive of one of Canada’s largest steel producers says the company is in discussions with federal and provincial leaders to determine what government support might be available to help offset the Trump administration’s tariffs. Algoma Steel Group Inc. CEO Michael Garcia said Thursday his company expects the Canadian government’s “swift and appropriate response” […]

Economics

5 d. ago Ottawa councillor warns U.S. mayors of the costs of Trump's trade war

In Washington D.C., Coun. Tim Tierney made clear the costs to American municipalities of tariffs to U.S. mayors.

Economics

2 w. ago Greater Toronto home sales down as mortgage costs, trade war weigh on buyers

The average selling price declined 2.2 per cent compared with a year earlier to $1,084,547

Economics

2 w. ago GTA home sales down as mortgage costs, trade war weigh on buyers: board

4,037 homes were sold last month, down 27.4% compared to last year

Economics

2 w. ago CHARLEBOIS: The cost of retaliation — Canada’s trade war misstep

"Canada cannot win a trade war by taxing its own people — true leverage comes from targeting American reliance on our exports, not undermining our own food security and economy."

Economics

2 w. ago Greater Toronto home sales down as mortgage costs, trade war weigh on buyers: board

Home sales in the Greater Toronto Area fell by more than one-quarter in February compared with a year ago despite buyers maintaining "substantial" negotiating power.

Economics