49 h. ago Toronto real estate prices plummeting and here's what the average home costs now

Toronto's turbulent real estate market has been accelerating nose-first into the ground for months, and while home sales in the region are actually showing signs of a rebound in the second half of the year, there is still a long road ahead to recovery.However, despite the doom and gloom, the latest monthly figures from the Toronto Regional Real Estate Board (TRREB) offer some hope for buyers and sellers in the Greater Toronto Area (GTA).September home sales in the GTA spiked year-over-year, with declines in average home prices and increased flexibility in negotiations, as sellers are accepting offers well below the asking price, helping to lure cost-conscious buyers out of hibernation. This is thanks in part to the runaway supply of unsold units.A few factors are driving the 5,592 home sales reported by TRREB in September –  a noticeable 8.5 per cent bump over the same month last year. One factor cited by TRREB President Elechia Barry-Sproule is the recent Bank o...

Economics

54 h. ago Opinion: The budget should make investment incentives permanent

Letting businesses expense their investments raises their returns. We've been doing that on a temporary basis. We should make it the rule

Other

55 h. ago GTA Housing Market Sees Boost in September Following Interest Rate Cut

TORONTO, Oct. 03, 2025 (GLOBE NEWSWIRE) — September home sales increased in the Greater Toronto Area (GTA) compared to a year earlier, as more homebuyers sought to take advantage of more affordable monthly mortgage payments. Buyers continued to respond to substantial choice in the marketplace by negotiating the average selling price downward. “The Bank of […]

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3 d. ago Halton cops accuse Thornhill woman of sex trafficking victim across GTA

A 32-year-old Thornhill woman who appears to be a lifestyle influencer is facing sex trafficking and other charges following a lengthy police investigation. Halton Regional Police allege a woman was being exploited by the accused for financial gain over the last 18 months while the victim was being trafficked in the sex trade throughout the […]

Events

3 d. ago Food prices in Canada keep rising faster than rate of inflation

No, you haven't been imagining it: your grocery bill may have gotten more expensive recently, at least according to Loblaw's September Food Inflation report, which states that food prices have remained above the general rate of inflation due to external pressures.The report, released on Sept. 30, shows that food inflation in Canada rose 3.5 per cent in August compared to the overall Consumer Price Index (CPI) at 1.9 per cent."Much of this gap is tied to broader global factors — such as commodity volatility, higher transportation and energy costs in the supply chain, and weather-related disruptions affecting produce and meat," reads the report.One of these weather-related disruptions is due to the unusually low rainfall seen in the Atlantic provinces, Quebec, and parts of Ontario. Due to this, Loblaw said that crops like corn, soybeans, blueberries, and root vegetables were "stressed during critical growth phases," which in turn reduced yields, ...

Economics

3 d. ago FSIN rejects some claims in federal audit, calls for full review

The Federation of Sovereign Nations is speaking out on a federal forensic audit that found certain expenses 'questionable,' with the organization rejecting some allegations.

Other

3 d. ago U.S. travel just got much more expensive for some Canadians thanks to new fee

For some people in Canada, travelling to the U.S. has become significantly more expensive as the new Visa Integrity Fee takes effect this month.On Oct. 1, the U.S. government introduced the Visa Integrity Fee, which affects non-citizens in Canada who require a visa to travel to the U.S. Under President Donald Trump's One Big Beautiful Bill Act, which was signed into law. Non-immigrants travelling to the U.S. will have to pay a fee of US$250 or C$348.40. However, it's up to the Secretary of Homeland Security to determine the final amount.In July, we contacted the Department of Homeland Security (DHS) about the fee."President Trump's One Big Beautiful Bill provides the necessary policies and resources to restore integrity in our nation's immigration system," a spokesperson stated in an email. "The Visa Integrity Fee requires cross-agency coordination before implementation."We have reached out to DHS to confirm the final amount.Permane...

Other

4 d. ago Ontario takes 7 of Canada's top 8 places to buy a home right now

If you're actively pursuing your goal of home ownership in Ontario, you might already be in one of the most ideal markets in Canada to turn those dreams into reality. According to a Zoocasa report released on Wednesday, major cities across Canada, including many in Ontario, are becoming more buyer-friendly, whereas smaller, more affordable regions are swinging in favour of sellers. The real estate agency analyzed which markets provided the best prospects based on the latest sales-to-new listing ratios, which were based on the respective local real estate boards' August 2025 data. This ratio, Zoocasa explains, is a "key indicator of market conditions," with a higher ratio (above 60 per cent) signalling a seller's market, while a lower one (below 40 per cent) indicates a buyer's market. Source: Zoocasa. The report found that the GTA is now one of Canada's clearest buyer-friendly markets, with its ratio falling from 40 per cen...

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4 d. ago Right problem, wrong fix: Why a “Congestion Management” in the City of Toronto is missing the mark

We agree with the City of Toronto that congestion is choking the city. Gridlock in the GTA is not just frustrating – it is costing us. According to the Canadian Centre for Economic Analysis, congestion is draining the regional economy to the tune of $44.7 billion annually in social and economic costs. In a time […]

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4 d. ago Toronto Blue Jays ALDS tickets are selling at completely bonkers prices

The Toronto Blue Jays will play postseason baseball this weekend, and the cost to get into the Rogers Centre is hefty.There is no question that Toronto baseball fans are excited to watch the Blue Jays in the postseason. This is the first time since 2016 that the team will play in the ALDS, and expectations are sky-high after winning the AL East division for the first time since 2015.Add that hype to the Blue Jays' opponent being either one of the New York Yankees or Boston Red Sox, and suddenly, you have one of the hottest ticket events in the entire country.Toronto will host three ALDS games starting on Saturday, and the cost of tickets has exploded. As of Tuesday afternoon, the cheapest tickets available on Ticketmaster are $308 for 500-level seats in Game 1.TicketmasterThe most expensive tickets for Game 1 are going for upwards of $3,000 for seats in the Ticketmaster Lounge at Rogers Centre. This is also the cheapest of the three ALDS games being played in Toronto.F...

Economics

5 d. ago Imperial announces restructuring to further advance its well

Leverages technology and global capability centres to deliver increased value Capitalizes on unique competitive advantage provided by access to major shareholder’s technology and global capability centres Drives long-term revenue growth and productivity of Imperial’s long-life advantaged assets Committed to meet or beat previously announced production and cost targets Expected annual expense savings of $150 million […]

Other

5 d. ago TD to cut up to $2.5 billion in expenses as it tries to get “back to winning”

The bank plans to use artificial intelligence to “simplify processes” and deliver half-a-billion-dollars' worth of savings

Economics

6 d. ago Video game maker Electronic Arts to be acquired and taken private for $55 billion

Electronic Arts, maker of video games like “Madden NFL” and “The Sims,” is being acquired for $55 billion, the most expensive levered buyout in history. Under the terms of the deal announced Monday, the private equity firm Silver Lake Partners, Saudi Arabia’s sovereign wealth fund PIF and Affinity Partners will pay EA’s stockholders $210 per […]

Economics

8 d. ago Iconic Canadian fashion giant has a flashy new store at Eaton Centre

Fashion lovers rejoice! Simons just doubled down in Toronto.In addition to its Mississauga store at Square One Shopping Centre, Simons now has two more stores in the GTA.The first landed at the Yorkdale mall in August this year, and the second has opened its doors to the public at the Toronto Eaton Centre on Sept. 18. That brings Simons’ Canadian store count to 19.What to expectKnown for its trend-forward offerings, the Quebec-born retailer blends in-house labels — think Twik, Icône, Contemporaine, Le 31, Djab and Simons Maison — with big-name global designers.     View this post on Instagram           A post shared by CULTR Toronto (@cultrtoronto)The new three-level, 112,000-square-foot store is filled with everything from trend-forward streetwear to timeless modern classics and offers style at multiple price points for women, men, and the home.Whether you’re...

Other

9 d. ago Education minister faces questions over $1.7K in Queen’s Park restaurant bills

Ontario's education minister is facing scrutiny of his expenses, after his office declined to release details of the money he has spent on restaurant meals.

Politics

9 d. ago John Rustad calls for abolition of Metro Vancouver over high spending

The Conservative leader called out the region for mismanagement of major projects, high salaries and expensive trips

Other

9 d. ago $34M in ‘questionable’ expenses: What an audit of FSIN found

The forensic audit was prompted after AISB received allegations, including a lack of transparency at FSIN and various expenditures, including COVID-19 and travel.

Economics

9 d. ago Two GTA mayors disagree with Ford’s decision to ban automated speed cameras

Toronto Mayor Olivia Chow says Ontario Premier Doug Ford has made “the wrong decision” when it comes to his proposed legislative ban on automated speed cameras when MPPs return to work in October. “Speed cameras work,” Chow told reporters Thursday following the Premier’s announcement. “They help save lives. And we know speeding kills. Today, the […]

Other

9 d. ago Toronto’s Support The Blazer campaign is showing that small acts can have a massive impact

Small acts of kindness can go a long way, especially in today's world.And Spark Charity Foundation lives by that statement. Launched in September of 2024, the organization supports and empowers less fortunate individuals and fellow charities by organizing fundraising events.Support the Blazer is one of Spark Charity Foundation's campaigns, and everyone can get involved.What it's all aboutSupport the Blazer is an annual, community-driven initiative that inspires generosity. This year, the campaign is focused on connection — bringing people together, uniting participants across the GTA and beyond, and highlighting the meaningful relationships that grow when we give back.The campaign is led by Spark Charity Foundation's President Nick Regina, who wears a blazer for 30 consecutive days. Now in its fourth year, Nick is calling on community members to join him.Nick Regina at the Support the Blazer 2025 Launch Party.Participants, collectively known as T...

Other

1 week ago GTA condo downturn not likely to be as severe as early ’90s: CMHC

Canada’s housing agency says the weakening condo market in the Toronto region has some parallels to the crash of the early 1990s, but several factors mean the current downturn will likely be less severe. Canada Mortgage and Housing Corp. says in the new report that a more diverse and stable economy, stricter lending rules, and […]

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