16 h. ago Ontario rent prices keep falling and here's where they're cheapest right now

It may not be a good time to own a condo in Ontario (at least, if you're looking to sell), but it sure is a good time to lease one — or any property type in the province, for that matter — as rent prices have been on a steady downward trajectory in major hubs like Toronto.The 6ix just saw another 4.7 per cent year-over-year dip in the average monthly rent rate for a place, marking the ninth consecutive month of rent declines, according to the latest National Rent Report from Rentals.ca and Urbanation. (By comparison, Canada as a whole saw a 2.7 per cent drop.)As of June, tenants in the city now pay around $2,283 for the typical one-bedroom apartment (which is 0.8 per cent less than in May and 6.6 per cent less than this time last year), and $2,929 for a two-bedroom unit (0.1 per cent less than the month prior and 8.4 per cent less than in June 2024).Renters in shared accommodation pay approximately $1,188 per month for a room, a 3.9 per cent decrease from ...

Economics

5 d. ago Toronto Home Prices Fall for a Seventh Month as Economy Slows

Home prices in Toronto fell for a seventh consecutive month as fallout from US tariffs caused Canada’s economy to slow.

Economics

6 d. ago Uncertainty forecast to weigh on Calgary home sales for rest of 2025

Townhome, apartment-style condo prices expected to fall slightly, while single-family homes under $800,000 may rise, CREB predicts.

Other

1 week ago Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit

Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes, which include “surgical” price increases in the U.S. starting this fall. Nike is not […]

Economics

2 w. ago What could gas prices look like ahead of Canada Day weekend?

Motorists may soon benefit from falling oil prices as markets digest news from U.S. President Donald Trump that a ceasefire is imminent between Iran and Israel.

Economics

2 w. ago Oil Traders Piled Into Leveraged Bearish Oil ETF Before Rout

An exchange-traded product that profits when oil prices fall is on track for its biggest monthly inflow since 2023 as investors correctly wagered that crude’s conflict-driven spike would prove short-lived.

Economics

2 w. ago Hungary to Hold Rates as Price Curbs Fall Short: Decision Guide

Hungary’s central bank is likely to keep its key interest rate unchanged for a ninth month, holding steady amid mounting geopolitical risks and persistently high inflation expectations.

Economics

2 w. ago Edmonton Oilers "poked around" trading for top NHL goalie. Still interested in him?

This in from Boston hockey commentator Jimmy Murphy, news that the Edmonton Oilers looked into the acquisition price of Boston Bruins Jeremy Swayman last fall, before 26-year-old Bruins goalie signed an eight-year, $66 million contract with the Bruins last Oct. 6. Swayman followed up that contract with a mediocre season, an .892 save percentage in […]

Other

2 w. ago 'Disappointing at best': Vancouver real estate prices falling, but sales slow

Greater Vancouver saw average house prices fall to $1.2 million in April from $1.3 million in April 2024, a 6.6 per cent decline.

Economics

2 w. ago Affordability challenges still plague renters despite falling prices: report

TORONTO — A new report suggests Canadian renters continue to face affordability challenges even as asking rent prices have fallen this year, while those considering the leap to home ownership are taking a wait-and-see approach. Royal LePage’s 2025 Canadian renters report, which includes results from a survey conducted by Burson, found 37 per cent of […]

Economics

3 w. ago Sell gold now? Citi says prices could plunge 25% as record run peters out

Analysts see bullion returning to about $2,500 to $2,700 an ounce by the second half of 2026

Economics

3 w. ago Mitsubishi Motors Raises US Prices as Tariffs Roil Carmakers

Mitsubishi Motors Corp. is raising US prices for some vehicle models as the industry grapples with the fallout of President Donald Trump’s tariffs on imported cars and parts.

Economics

4 w. ago Rent prices in Ontario keep plummeting and here's where they're the lowest

The cost of living in Ontario may still be completely out of hand, but at least the price of something in the province is going down: rent.The price of the average Ontario apartment has been on the decline for months, including in cities like Guelph, Barrie, Mississauga and yes, even incessantly expensive Toronto, which now boasts the lowest rents it's seen in years as the housing market crashes.A sharp rise in supply amid a drop-off in demand across both the real estate and rental markets — especially when it comes to condo units — has been a huge force in reducing prices in key markets across Canada, with year-over-year price reductions now reported for eight months in a row.In Ontario, prices for all unit sizes but three-bedrooms plummeted year-over-year yet again in May, according to new stats from Rentals.ca and Urbanation, released this week.Chart of how the provinces measure up when it comes to rent prices...

Economics