1 hour ago Huge share of Canadian renters blame housing crisis on wages

A new survey by online marketplace rentals.ca shows that many Canadian renters feel priced out of the housing market, with several factors driving unaffordability.The 2025 Federal Election Survey questioned hundreds of Canadian renters and discovered that over 40 per cent blamed the housing crisis on wage stagnation compared to housing prices.A total of 47 per cent of renters surveyed also identified stagnant wages and rising housing costs as a key issue in the upcoming federal election."Renters are just as concerned about affordability pressures and economic fairness as they are about supply constraints," stated the report."While issues for currently undecided voters were similar to the broader population, they did skew more towards concerns with inflation and wage stagnation, indicating that addressing the overall cost of living could be the key for parties hoping to win over these swing voters."A recent report from Normandin Beaudry, an actuarial consulting service, sai...

Other

2 h. ago Bank of Canada April rate cut still in play as job market weakens, economists say

Tariff uncertainty to continue to weigh on economy and hiring

Other

21 h. ago Toronto Wants to Woo Foreign Listings Despite Trump Market Chaos

The head of the Toronto Stock Exchange is counting on recent market volatility to sway some companies towards listing in Canada this year, even as tariff-fueled uncertainty dries up risk appetite across the globe.

Other

22 h. ago Concerned about inflationary risks? Look for these conservative mortgage options

Robert McLister: Always consult multiple sources and scrutinize contractual features; the lowest rate doesn't always equate to the lowest borrowing cost

Economics

22 h. ago Here are the places in Toronto you can get discounts with your Presto card this month

If you're a regular TTC or GO Transit commuter, odds are that you own a Presto card, and aside from helping you make your way across the city, your card can actually unlock some exclusive discounts on events, sports games, and attractions in Toronto. That's right — throughout the year, there are dozens of places in Toronto that will grant you a hefty discount just with a simple flash of your Presto card or a discount code inputed online. While some discounts are available year-round, there are a few that are only available this April that you should be aware of. These are all the places you can get a discount in Toronto just by showing your Presto card or applying a code online this April. Events Living Luxe Design Show If you're passionate about design, fashion, architecture, or real estate, you might want to check out the Living Luxe Design Show, which is happening April 25 to 27 at the Toronto Congress Centre. Tickets f...

Transport

26 h. ago Atlantic premiers hold the line on retaliatory measures, citing tariff uncertainty

Premiers in the Atlantic region say economic uncertainty remains even though Canada was left out of the latest round of global U.S. tariffs.

Economics

26 h. ago Toronto's real estate market is in major trouble amid global uncertainty

The Greater Toronto Area's (GTA) real estate market is currently facing some significant challenges, with March 2025 marking the lowest home sales for the month in over two decades.Spring usually brings a boost in housing activity, but this year, it's witnessed a slow market with many prospective buyers putting a hold on their homeownership dreams ahead of the federal election and the ongoing trade war with the U.S.According to the Toronto Regional Real Estate Board's (TRREB) March report, many buyers have adopted a "wait-and-see approach," which has translated into slower market activity. However, amid these challenges, the report also revealed a silver lining for would-be homeowners.The report indicates that homeownership in the GTA became more affordable in March 2025 compared to the previous year. On average, both borrowing costs and home prices declined over the past year, which made monthly payments more manageable for households looking to purchase property in the region...

Politics

29 h. ago Here's why Metro Vancouver's presale condo market continues to struggle

There was hope lower interest rates would lead to a recovery but any gains were short-lived, with the uncertainty of the tariff situation now hurting sales

Other

29 h. ago Sudden B.C. Housing funding cut leaves hundreds of Metro Vancouver seniors at risk

B.C. Housing slashed $421,000 in funding for a pilot program, blindsiding the charity, which is now scrambling to find a way to continue supporting some of the region’s most at-risk seniors

Other

37 h. ago $5 million Ontario mansion looks like it was pulled from an architecture magazine

If you need more space in your life, either for your car collection or your mental health, and you like mid-century design, 2510 17th Sideroad in King City might just be your dream home. Sitting on nearly five acres of land backing onto a ravine, this property is undoubtedly drool-worthy. But then you see the house itself, and it definitely stands out among the McMansions for which King City is known. The loft office. With a mid-century vibe, this 8,000 square-foot home is "Architectural Digest-worthy," or at least in the words of the listing agent, Tara McCarthy. The music room, living room and dining room. As you enter the home, you're greeted by soaring ceilings (up to 30-feet in some parts), warm wood floors, panelled ceilings, and tons of natural light. The family room. On the main level of the home, you have an open concept layout with the principal rooms. The living room. The sunken living room is very 70s with wood panel...

Economics

41 h. ago CAPREIT Announces Over $560 Million in Additional Dispositions in Europe

This news release constitutes a “designated news release” for the purposes of CAPREIT’s prospectus supplement dated February 22, 2024, to its short form base shelf prospectus dated May 9, 2023. TORONTO, April 02, 2025 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that a subsidiary of European Residential Real […]

Economics

42 h. ago ERES Announces a Further €362 Million in Strategic Dispositions

TORONTO, April 02, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or “the REIT”) (TSX:ERE.UN) announced today the following (all amounts disclosed herein exclude transaction costs and other adjustments): A subsidiary of ERES has entered into an agreement (the “Disposition Agreement”) with an affiliate of Fortress Investment Group (the “Fortress Affiliate”) to […]

Economics

44 h. ago Amid tariff uncertainty, Calgary could become 'innovation capital' under bold road map

Four years in the making, the new strategy came as sweeping new levies were averted with Canada's closest ally

Economics

44 h. ago reAlpha Tech Corp. Announces Financial Results for the Year Ended December 31, 2024

DUBLIN, Ohio, April 02, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the fiscal year ended December 31, 2024. “We have made great strides in 2024 in advancing […]

Other

45 h. ago RealPage sues California city officials over rental algorithm ban

Real estate software company RealPage filed a federal lawsuit Wednesday against Berkeley, California — the latest city to try to block landlords from using algorithms when deciding rents. Officials in many cities claim the practice is anti-competitive and is driving up the price of housing. Texas-based RealPage said Berkeley’s ordinance, which goes into effect this […]

Other

46 h. ago Primaris REIT Announces AGM and Financial Results Release Date, Webcast, and Conference Call

TORONTO — Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter ended March 31, 2025, on Wednesday, April 30, 2025, after the market closes. Senior leadership will be hosting a conference call and webcast presentation on May 1, 2025. Conference Call and Webcast: Date: […]

Politics

48 h. ago Vancouver home sales hit lowest March levels since 2019 despite supply influx: board

Despite housing supply in the Vancouver area continuing to rise, the number of homes that changed hands in the region last month fell to the lowest levels for March since 2019. The city’s real estate board says residential sales in the region totalled 2,091 in March, a 13.4 per cent decrease from the 2,415 sales […]

Other

48 h. ago SmartStop Self Storage REIT Advances After $810 Million US IPO

SmartStop Self Storage REIT Inc. gained in its market debut after the self-storage real estate investment trust raised $810 million in an initial public offering, pricing its shares in the bottom half of a marketed range.

Economics

49 h. ago Metro Vancouver real estate: Tariff uncertainty sidelines buyers despite favourable conditions

Metro Vancouver's real estate board says residential sales in the region totalled 2,091 in March

Economics

53 h. ago Huge segment of Canada's real estate market in major trouble due to U.S. tariffs

The forthcoming impacts of the Canada-U.S. trade war initiated by President Donald Trump's tariffs could put a real dent in Canada's industrial real estate market.According to a new report by CBRE, recent solid performances in this particular sub-sector of the commercial real estate market are now being overshadowed by the trade war."Many [local] markets cited the ongoing tariff and trade uncertainties as a major headwind that tempers the outlook for leasing demand over the next couple of quarters," reads the report.Moreover, for the commercial real estate market, "the impact of tariffs will be more directly felt by Canadian industrial markets."This is not entirely surprising, as Canadian federal and provincial governments are forecasting that the manufacturing, natural resource-export industries, transportation, logistics, and retail sectors will be the hardest hit.Such businesses, which account for very significant employment, are some of the largest users of major industrial spac...

Politics