6 h. ago Market Rout Starts With Big Tech as Tariff, Inflation Fears Hit

US stocks buckled again Friday as risk assets were pummeled by everything from renewed tariff concerns to signs that inflation remains sticky while consumer spending wobbles.

Economics

29 h. ago Trump’s auto tariffs hit stock market as GM, Ford fall while Tesla rises

General Motors sank 6.8 per cent for one of the market's sharper losses after Trump announced 25 per cent tariffs on imported cars. Ford Motor dropped 2.2 per cent.

Economics

4 d. ago Toronto home that's only ever had one owner hits the market for $800k

As anyone who has ever moved knows, moving sucks. So we deeply respect anyone who moves into a place and then just never leaves. The owner of 8 Graylee Ave. did just that (winning) and, as a result, can now say they have been the only owner of this three-bedroom, one-bathroom house in Scarborough. But it's time for owner number two, and this detached house is definitely a catch, even if it's listed "as is." The living room. First off, it's listed at $798,800, which is well below the average detached house price of $1.2 million in this neighbourhood. Second, since it's only ever had one owner, you only have to deal with one person's choices when it comes to what they've done with the house. A bedroom. That means you don't need to strip off eight layers of paint on the doors and window trim. You won't need to spend the better part of a week steaming off 13 layers of questionable wallpaper or take down...

Economics

4 d. ago Toronto home that's only ever had one owner hits the market for $800,000

As anyone who has ever moved knows, moving sucks. So we deeply respect anyone who moves into a place and then just never leaves. The owner of 8 Graylee Ave. did just that (winning) and, as a result, can now say they have been the only owner of this three-bedroom, one-bathroom house in Scarborough. But it's time for owner number two, and this detached house is definitely a catch, even if it's listed "as is." The living room. First off, it's listed at $798,800, which is well below the average detached house price of $1.2 million in this neighbourhood. Second, since it's only ever had one owner, you only have to deal with one person's choices when it comes to what they've done with the house. A bedroom. That means you don't need to strip off eight layers of paint on the doors and window trim. You won't need to spend the better part of a week steaming off 13 layers of questionable wallpaper or take down...

Economics

7 d. ago Toronto man 'blindsided' after company quietly hands franchise over to new owner

The owner of one Toronto restaurant location was shocked to find himself locked out of his business after his parent company quietly handed it over to someone new, he claims.For the past 13 years, Allen, a Toronto resident and owner of three different sushi restaurants in the city, has proudly owned and operated the Sushi Shop location in Union Station, but, he tells blogTO, it all came crashing down earlier this week."[On the morning of March 18,] I arrived at my store as I had done every day for 13 years, but this time  I wasn’t allowed in," Allen claims. "The locks had been changed. My business, my livelihood, my existence had been taken from me overnight."Allen tells blogTO that he was ultimately "blindsided" to show up for work and find that MTY, the parent company of Sushi Shop and a number of other quick-service food companies in Canada, had, apparently without his knowledge, sold the franchise to a new owner, who would be taking over the restaurant immed...

Economics

1 week ago Toronto home with stunning floating spiral staircase hits market for over $2 million

Three years ago, 14 Kildonan Dr. was a quaint three-bedroom house that looked like it had been in the same family for at least 40 years. With faded wallpaper, appliances from the late '60s, and water-damaged walls, it needed a lot of work. But boy, did it get the glow up of the decade. The family room off the kitchen. 14 Kildonan Dr. has been completely transformed into a modern, custom-built four-bedroom, four-bathroom home. The living room. The home is now bright, airy, and filled with natural light. The view from the front entrance. As you walk into the home, you're greeted by soaring ceilings and views of a stunning floating spiral staircase that is equal parts sculptural and functional. The kitchen and dining area. The main floor is pretty open concept, with each room flowing into the next. The kitchen with a wine fridge. The kitchen is at the centre of the home and features integrated appliances and a large island, an...

Economics

2 w. ago Former Super Bowl MVPs Aaron Rodgers and Cooper Kupp hit open market

The NFL league year kicked off Wednesday with two former Super Bowl MVPs hitting the open market. The Los Angeles Rams cut receiver Cooper Kupp just days after signing Davante Adams to be his replacement and the New York Jets released quarterback Aaron Rodgers following a failed two-year stint. The Rams cut Kupp after being […]

Other

2 w. ago Toronto bar owner says she's $10,000 in debt due to 'recession for poor people'

A community bar in Toronto has openly shared the financial challenges it's currently facing, and given today's tough economic climate, it's a story that too many small businesses across the city can sadly relate to.Swan Dive, located at 1631 Dundas St. W., is an unpretentious bar and bottle shop known for its cheap drinks, games, and free events. In a heartfelt video shared on social media, the bar's owner, Abra Shiner, opened up about the business' financial woes, along with her ongoing battle with metastatic breast cancer."There's been a recession that's been happening only to poor people. The middle class has just dissolved. We provide community for the bottom," Shiner said in the emotional video. "I'm pretty dedicated to cheap drinks and cheap thrills and good times that people can afford."With Shiner battling cancer and unable to work for a significant period of time, her husband, Mike, stepped in to run the bar. Despite their efforts, the bar hasn't been ab...

Economics

2 w. ago Trump officials defend tariffs as market turmoil hits savings, retirements

The U.S. stock market was sinking further Tuesday after Trump said he would double tariffs on Canadian steel and aluminum, continuing a more than week-long downward trend.

Economics

2 w. ago Trump’s trade threats starting to hit Canadian credit market

For companies with access to global debt markets, Canada is simply not attractive at the moment

Economics

2 w. ago Trump’s Trade Threats Are Starting to Hit Canadian Credit Market

The tariff throwdown between Donald Trump and Justin Trudeau has slowed Canadian corporate bond sales to a trickle over the past week as investors demand a higher premium to hold loonie debt.

Economics

3 w. ago Boycotting American. What’s involved in a Toronto pizzeria owner’s personal crusade?

Trump's initial threats against Canada marked the end of the line for American ingredients at Gram's Pizza

Other

3 w. ago Toronto's first suburban shopping plaza to be torn down after over 70 years

A neighbourhood staple that has served Toronto's Bathurst and Lawrence area for over 70 years could soon vanish for good.Developer RioCan is planning to redevelop its Lawrence Plaza property at 534 Lawrence Ave W., opened all the way back in 1953 as what was then the city's first suburban shopping centre.Lawrence Plaza was a modernist vision of progress when first opened in the '50s, leaning into fast-spreading auto culture in the city's rapidly-growing suburbs. However, approaching 72 years of operation, the plaza's low-density land uses have been eclipsed by growth in the surrounding area.City of Toronto ArchivesThe property owner has announced that it is working on a "vision to reimagine Lawrence Plaza as a vibrant mixed-use community that celebrates its history and context."RioCan states that it is "in the early stages of shaping the vision for Lawrence Plaza," calling the future project "an exciting opportunity to enhance the site and strengthen its connection with the surround...

Other

3 w. ago NEUPATH HEALTH THE FIRST NORTH AMERICAN PROVIDER OF ARTHROSAMID®, A REVOLUTIONARY INJECTION FOR KNEE OSTEOARTHRITIS

Arthrosamid can provide pain relief for knee osteoarthritis patients for up to four years after a single procedure NeuPath continues to accelerate growth as it rolls out Arthrosamid across its clinic network Empowers NeuPath healthcare physicians to deliver innovative, best-in-class treatment to Canadians TORONTO — NeuPath Health Inc. (TSXV:NPTH), (“NeuPath” or the “Company”), owner and […]

Culture

3 w. ago These stock market sectors are getting hit hardest by the trade war

Technology, financial and energy companies took the biggest hits

Economics