9 h. ago Elon Musk says 'Canada is not a real country' but used to work as a lumberjack here

Hundreds of thousands of Canadians have signed a petition to revoke the citizenship of Elon Musk, who holds dual citizenship in the U.S. and Canada. And, he appears to be a little upset about the idea."Canada is not a real country," the senior advisor to U.S. President Donald Trump and tech billionaire said on X. The post was deleted soon after.Those are bold words for someone who has kids with three Canadian women, has a Canadian mother, and lived in Canada.But few people know that before he became an internationally known edge lord, Musk worked as a lumberjack in this very "not real" country.According to the book Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, Musk left his South Africa home at just 17 to move to Canada, where he lived and worked on his cousin's farm in Waldeck, Saskatchewan.He also became a Canadian citizen, as his mother, Maye Musk, was born in Regina. Musk's grandmother was from Moose Jaw, Saskatchewan.In May 2...

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11 h. ago Precarious recovery for Canada’s real estate market is underway

RBC Economics predicts home sales to follow historical averages should mortgage rates continue to drop.

Transport

14 h. ago Vancouver vs. Surrey: How B.C.'s two biggest cities plan to build housing

Vancouver and Surrey have different geography, density and infrastructure. They face different challenges when it comes to where and how to build homes to address the housing crisis.

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14 h. ago Vancouver vs. Surrey: How B.C.'s two biggest cities plan to build their way out of a housing crisis

Vancouver and Surrey have different geography, density and infrastructure. They face different challenges when it comes to where and how to build homes to address the housing crisis.

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47 h. ago Toronto house listed for just $1 is primed for a bidding war

In this slow real estate market, some realtors are thinking outside the box to get their house to sell. Take 218 Bogert Ave., for example. This three-bedroom, three-bathroom home in West Lansing has been on and off the market four times since 2023 without selling. The living room. It was first listed for $1,599,000, but after a month on the market, owners took it down. They then performed a couple of upgrades in the house, like painting the kitchen cabinets, and re-listed it for $1,698,000.But, it still didn't sell.  A bedroom. Most recently, it was listed again for $1,888,000. But still, you guessed it: no bites. A bathroom. Now, the realtors have opted to list 218 Bogert Ave. for just $1, hoping maybe they'll get lucky and spark a bidding war that will get the owners closer to their desired selling price. A bedroom. It does seem a bit strange that the involved parties have ...

Economics

55 h. ago Elon Musk says Canada isn't real in response to demands his citizenship be revoked

Elon Musk is lashing out at Canada in response to a petition to revoke his Canadian citizenship.On February 20th, Nanaimo, B.C. author Qualia Reed (Shadows of Athelon) started the parliamentary e-petition, arguing that Musk "has engaged in activities that go against the national interest of Canada," including using "his wealth and power to influence our elections" and becoming a member of "a foreign government that is attempting to erase Canadian sovereignty."The petition ultimately asks that the South African-born Musk, who has Canadian citizenship through his Regina native mother Maye, be stripped of said citizenship. At the time of writing, the petition has accumulated nearly 250,000 signatures.On his X (Twitter) platform, Musk responded to a post about the petition, stating that "Canada is not a real country." Musk has now deleted the post.Musk's since-deleted post saying "Canada is not a real country."It should be noted that the post that Musk...

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3 d. ago The GTA neighbourhoods where you can still get a house for under $1 million

Toronto may still be one of the least affordable places in the world for real estate, but the city's market has softened quite remarkably in the last year or so.Even if the price declines have been most notable in the condo segment — which has plummeted from its investor-driven heyday — the sheer abundance of available listings at the moment has given buyers far more choice.Price points have been pretty stubbornly stagnant overall considering the lack of activity, but there has still been room for many would-be homeowners to haggle properties down, and a number of neighbourhoods in the region where the average cost of even a house, not a condo, is now falling below the crucial $1 million mark.Homes are still selling for far under asking price in the vast majority of the Toronto areahttps://t.co/vLNpN8eLpz— blogTO (@blogTO) January 10, 2025Wahi, which hosts listings along with offering regula...

Economics

6 d. ago Toronto seeing most new home listings in Canada but hardly anyone is buying

Predictions that Toronto's housing market would see a triumphant return of the enthusiasm and heat it's historically known for have fallen flat thus far, with sales continuing to dwindle far below hopes and expectations, and new listings continuing to pour onto the market.Nearly 20,000 homes are now up for sale within the GTA, per the Toronto Regional Real Estate Board (TRREB)'s numbers for January, marking a worrying 48.6 per cent uptick in new listings and 70.2 per cent increase in active listings compared to this time last year.The number of sales transactions, meanwhile, has fallen 7.9 per cent over the same time frame, disheartening realtors and sellers who were expecting a bounceback after an abysmal 2024.RBC economists really put these numbers into perspective in a new special housing report that this month compared how the real estate scenes in major cities across Canada are faring.One graph shows Toronto to have the third-biggest year-over...

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