2 h. ago Trump announces lower drug price deals with 9 pharmaceutical companies

U.S. President Donald Trump announced Friday that nine drugmakers have agreed to lower the cost of their prescription drugs in the U.S. Pharmaceutical companies Amgen, Bristol Myers Squibb, Boehringer Ingelheim, Genentech, Gilead Sciences, GSK, Merck, Novartis and Sanofi will now rein in Medicaid drug prices to match what they charged in other developed countries. As […]

Economics

3 h. ago Trump says U.S. drug prices will drop under new deals with pharma companies

Under the deals, each drugmaker will cut prices on most drugs sold to the Medicaid program for low-income people, administration officials said, promising 'massive savings.'

Economics

25 h. ago What to know about Trump’s order seeking to relax federal drug policies for marijuana

President Donald Trump has directed his administration to work as quickly as possible to reclassify marijuana as a less dangerous drug. Trump’s executive order on Thursday does not legalize marijuana under federal law. And it’s not the final word. The proposed change still requires federal regulatory approval. But the change could make the marijuana industry […]

Events

36 h. ago Oil markets could be in for 'super glut,' but Canada's new pipeline access offers shelter from storm

Johnston said the oilpatch is in a much better position compared to 2018 when there was a similar drop in oil prices that hit the energy sector hard.

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3 d. ago Ontario rent prices plummeting but these places actually got more expensive

Toronto's once-competitive rental market might finally be showing signs of relief, according to new data that shows declining rents across much of the city, particularly in the downtown core, even as prices continue to climb in some suburban communities across Ontario. According to liv.rent's December 2025 Ontario Rent Report, the average rent for an unfurnished one-bedroom apartment in Toronto had fallen year over year, representing a significant shift from the rapid increases seen throughout much of 2023 and early 2024. In downtown Toronto, the average rent for these types of units dropped from $2,365 last December to $2,090 this December, representing an 11.6 per cent decline. Similar price drops were also observed in North York and Etobicoke, which saw rent prices drop by 8.3 per cent and 8.7 per cent, respectively. Ontario rent prices, year-over-year. Despite prices cooling off in some markets, suburban rents in Ontario are notably on ...

Economics

5 d. ago Ontario fairytale mansion dropped its price by almost $5M after two years

Back in 2023, this sprawling rural Vaughan estate was making waves for looking like it had been plucked straight out of a princess movie.We even dubbed it a "princess movie fantasy come true," marvelling at how uncanny it was that the place resembled an honest-to-goodness castle — right down to the storybook rooflines and enchanted-forest gardens.Fast-forward two year,s and the fantasy is still very much alive… but the price tag has had a major reality check.The Great Hall. After debuting at a jaw-dropping $12,800,000, 76 Quail Run Blvd. has now lowered its price to $7,998,000 — a drop of nearly $5 million.The dining room. And unlike its glossy 2023 listing, the property is now being sold "in its current condition."One of the junior suites. The mansion, once shown as a fully polished fairytale, is officially priced with renovation potential in mind.An entrance hall with custom marble flooring.  "We've lear...

Economics

1 week ago Home prices in Toronto and Vancouver expected to drop as the rest of Canada sees a hike: LePage

'Rare window' for first-time Canadian homebuyers to act upon as the forecast calls 2026 'a crucial reset year'

Economics

1 week ago Why Global Battery Prices Are Expected to Drop Again in 2026

The technology is forecast to overcome tariffs and high metal costs to win new savings and help drive adoption of electric vehicles and energy storage systems.

Economics

1 week ago Average Toronto condo will lose almost $43,000 in value in 2026

The once red-hot Toronto real estate market cooled significantly in 2025, and home prices in Canada's largest metropolitan area are set to drop even more in the new year.The new Royal LePage Market Survey Forecast, released by the real estate agency on Tuesday morning, projects modest decreases to the average home price in the Greater Toronto Area (GTA), welcome news for the countless prospective buyers who have sat on the sidelines waiting for the market frenzy to die down.As of the fourth quarter of 2025, the average GTA home price sits at $1,103,800, expected to drop by 4.5 per cent in the next year to a projected average of $1,054,129 by Q4 of 2026.The average price of a single-family home in the region is not expected to drop quite as severely. The current single-family home average of $1,396,800 is expected to decline by just one per cent by the fourth quarter of 2026 to $1,382,832.Condo prices are expected to continue their freefall in the new year, projected to decline b...

Economics

2 w. ago Alberta farmers hold off on big purchases as crop prices drop — and big U.S. suppliers feel the effects

'The numbers just don't pencil at all when you're talking $400 an hour to run a tractor,' said one Alberta farmer

Economics

2 w. ago Manitoba conservation officers, tasked with border duties, haven’t seen much

WINNIPEG — It’s been 11 months since Manitoba started using conservation officers as extra sets of eyes on the United States border in response to U.S. President Donald Trump’s claims that migrants and drug-smugglers were pouring in from Canada. And it turns out they haven’t seen much at all. “To my knowledge, there was actually […]

Events

3 w. ago Iconic 1800s Toronto Victorian house just hit the market for first time in 40 years

If you've ever wandered down Shaw Street on a sunny afternoon and wondered who gets to live in that stately brick Victorian right across from Toronto's Trinity Bellwoods Park… well, this might be your moment to become that person.After more than 40 years with the same owner, 232 Shaw St., a bona fide 1870s showstopper and easily one of the neighbourhood's most recognizable homes, has officially hit the market.And with a recent price drop from $3,199,000 to $2,675,000, this crown jewel of Trinity Bellwoods just became a little more within reach… relatively speaking, of course. This is still Toronto, after all.The side of 232 Shaw St. Sitting proudly at the corner of Shaw and Halton, the home's exterior looks like it was peeled straight from a Victorian novel.The foyer. The current owner has restored it top to bottom over the decades, preserving all the character you hope an 1870 build would have.Exposed brick and plenty of o...

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