18 h. ago Precision Drilling trims 2025 capital budget because of market uncertainty

Chief executive Kevin Neveu says Precision expects to spend $200 million this year, a reduction of $25 million from its earlier forecast.

Economics

40 h. ago Precision Drilling trims 2025 capital budget amid market uncertainty

CALGARY — Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs. Chief executive Kevin Neveu says Precision expects to spend $200 million this year, a reduction of $25 million from its earlier forecast. That includes […]

Economics

3 d. ago Real’s March Agent Survey: Spring Market Outperforming Expectations Despite Macro Uncertainty

Survey Highlights Relative Resilience in Existing Home Sales Recovery TORONTO & NEW YORK — The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its March 2025 Agent Survey. Nearly half of agents said the spring selling season is shaping up to […]

Other

4 d. ago Is it time for Canada to relax restrictions on foreign buyers and investment in real estate?

Tariff uncertainty has stalled already tepid activity in the pre-sales market, reigniting talk about the pros and cons of foreign buyer rules

Other

1 week ago CREA downgrades housing market forecasts due to tariffs, economic uncertainty

Total Canadian sales fell 9.3% year-over-year in March on a non-seasonally adjusted basis

Economics

1 week ago Ranchers hope Trump’s tariffs boost demand for cattle but some fear market uncertainty

OMAHA, Neb. (AP) — Rancher Brett Kenzy hopes President Donald Trump’s tariffs will make imported beef expensive enough that Americans will turn to cattle raised at home for all their hamburgers and steaks. That might raise prices enough to give Kenzy and others the incentive they need to expand their herds for the first time […]

Economics

1 week ago Crypto Firm Bitdeer Prioritizes Mining to Weather Tariff Turmoil

Nasdaq-listed Bitcoin mining firm Bitdeer Technologies Group is doubling down on its self-mining operations while pushing ahead with plans to make machines in the US, as it confronts a cooling crypto market and mounting uncertainty over US trade policy.

Economics

2 w. ago Alberta is making key changes to electricity market, but critics raise concerns over lack of details

Alberta has set the stage for key electricity market reforms, and while critics have said the changes are welcome, they say the lack of details provides uncertainty for the market. Affordabilities and Utilities Minister Nathan Neudorf tabled legislation on Thursday that would allow hydrogen to be used for home and commercial heating, move to a […]

Other

2 w. ago The Quebec Resale Market Remains Robust in the First Quarter Despite Unprecedented Uncertainty

L’ÎLE-DES-SŒURS, Quebec, April 11, 2025 (GLOBE NEWSWIRE) — The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the province of Quebec, based on the real estate brokers’ Centris provincial database. Province-wide residential sales totalled 24,070 in the first quarter of 2025, a relatively strong increase […]

Culture

3 w. 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