18 h. ago OPINION: Homebuilding in Canada stalls despite population explosion

In many parts of Canada, the housing affordability crisis continues with no end in sight. And many Canadians priced out of the housing market or struggling to afford rent increases are left wondering how much longer this will continue.  Simply put, too few housing units are being built for the country’s rapidly growing population, which […]

Events

43 h. ago Toronto rent prices continue to fall and are the cheapest they've been in years

Though Toronto is still very far from being considered an affordable place to live, rent prices in the city have been on a consistent downward trajectory for many months now, and the latest figures from March 2025 are no different.By the end of 2024, the average cost of an apartment in the Big Smoke had plummeted to the cheapest level it had been in more than two years, which has now extended into a whopping 32-month low.New reports from listing platforms like Zumper and Rentals.ca show that though it's still far pricier to nab a place in the GTA than almost anywhere else in the country, tenants are being afforded more financial wiggle room than they have in previous years, with the monthly rent of all sizes of units ever-lowering while the real estate market falters.As of last month, the typical one-bedroom unit in the region has dropped to around $2,300, marking a small reduction both month-over-month and year-over-year (by 0.4 per cent and ...

Economics

6 d. ago U.S. egg prices continue to increase despite bird flu outbreak slowing

U.S. egg prices increased again last month to reach a new record-high of $6.23 despite a drop in wholesale prices and no egg farms having bird flu outbreaks. The increase reported Thursday in the Consumer Price Index means consumers and businesses that rely on eggs should not anticipate immediate relief. Demand for eggs is typically […]

Economics

7 d. ago Sierra Metals Reiterates Recommendation to Take No Action as Alpayana Amends Hostile Bid

None of the directors or officers of Sierra Metals have, or intend to, tender their Common Shares to the Hostile Bid Amended Hostile Bid indicates lack of success in persuading shareholders to tender their Common Shares to the initial offer price of C$0.85 per Common Share Amended Hostile Bid continues to undervalue Sierra Metals Board […]

Other

1 week ago Ontario woman charged after potential rental tenants lose $54K: police

A former apartment superintendent faces charges after allegedly collecting $54,000 in rent deposits for non-existent apartments in Toronto.

Economics

2 w. ago Beloved Toronto brewery moving plant to London due to rising rent

Mill Street Brewery, a staple of Toronto's craft beer industry, is marking a significant shift in its production operations due to skyrocketing industrial lease rates. Thanks to these rising costs, the brewery's primary production facility will be moving from its longstanding location at 125 Bermondsey Rd. in North York to a much larger plant in London, Ontario.Labatt, which purchased Mill Street Brewery in 2015, confirmed the closure of the North York facility to the Star and announced that production will now be handled at its massive London brewery. The move comes after Mill Street's 10-year lease expired, with Labatt opting not to renew it. "Industrial lease rates in North York have increased substantially, and we have existing capacity within our Ontario brewing network," a Labatt spokesperson told the Star. While this marks the end of Mill Street's production in North York, the brewery's three brewpubs will continue their operations, including location...

Other

3 w. ago ‘TV is becoming niche’: Streaming grows in Canada despite rising prices, report says

Canadians are increasingly opting to watch TV through paid streaming platforms such as Netflix or Disney Plus despite the prices of those services continuing to rise. An annual report released Monday by Convergence Research suggests the introduction of ad-supported basic plans have helped keep momentum going for streamers in the battle against traditional cable and […]

Economics

3 w. ago China’s Energy Transition at Odds With Solar Glut, Cheap Power

The green energy transition in China is at a critical juncture, as oversupply in the solar sector, declining power prices, and continued reliance on fossil fuels threaten to derail progress.

Other

4 w. ago Nigerian Inflation Cools Again Giving Impetus for Rate Pause

Nigeria’s annual inflation eased for the second straight month, stoking optimism that price pressures have peaked and will continue to moderate.

Economics

4 w. ago Rogers and Fido mobile users in Canada can expect price hike in April

Rogers and Fido customers may have higher wireless bills in April as the company increases prices to support "investments."A Fido customer took to Reddit to share a picture of a notice they received from the Rogers flanker brand detailing a $3/mo price hike starting in April."We continuously invest in our network to bring you the best mobile experience in Canada. To help support these investments, we will be increasing the monthly fee for your mobile plan (as set out on this invoice beside 'Monthly charges' for this wireless line) by $3 (plus taxes), starting with your next bill, on or after April 8, 2025," reads the notice from Fido.RedditAnother Reddit user replied to the post, noting they saw a similar price increase on their Rogers line, with each line increasing by $3.50/mo. The Redditor said they called Rogers about the increase, but when the company refused to do anything about it, they switched their lines to Freedom Mobile.We reached out to Rogers to learn more about the Ap...

Economics