4 h. ago Buyers offering way under asking price for homes in most parts of Toronto area

Despite a small surge just before the official start of spring, bidding activity on homes in the GTA largely seized up in March thanks to the ongoing trade war between Canada and the U.S. These economic and political uncertainties have convinced many prospective buyers to put their dreams of homeownership on hold, and as a result, homes in certain areas of the GTA are seeing bids well below their listing prices. A recent analysis by the digital real estate platform Wahi compared the differences between list and sold prices in roughly 400 neighbourhoods across the GTA. At the end of each month, the platform compares the differences between median list and sold prices to determine whether neighbourhoods are in overbidding or underbidding territory. Source: Wahi.Data was sourced from Information Technology Systems Ontario (ITSO) and the Toronto Regional Real Estate Board (TRREB).According to the report, approximately 20 per cent of GTA neighbourhoods with at le...

Economics

5 h. ago Number of Canadians who think we should play ‘hardball’ in tariffs war rises since December

A trade war for four years? More than a third of Canadians — 39% — expect the U.S. trade war to persist until President Donald Trump is gone from office — if he does indeed leave after a second term, according to a new Angus Reid survey. And if that’s the case, more Canadians are […]

Economics

6 h. ago Shale Stocks Battered as Trump Tariffs Subvert His Push to Drill

Shale-oil companies are taking some of the harder lumps on Wall Street as crude prices tumble and President Donald Trump’s trade war runs headlong into his goal to turbocharge US energy production.

Economics

8 h. ago Stocks Tumble as Tariff War Overshadows Solid Jobs: Markets Wrap

Stocks tumbled around the world, bonds surged and oil hit a four-year low, with China stepping up its the fight against President Donald Trump’s trade war to intensify concerns about the economy despite signs of a solid jobs market.

Economics

8 h. ago Canada lost 33K jobs in March as unemployment ticks up slightly

Canada shed 33,000 jobs in March and unemployment increased 0.1 per cent to 6.7 per cent as companies shift gears amid a broader trade war.

Other

9 h. ago London jobless rate improves, but U.S. tariffs toll hasn't yet hit

The London region’s unemployment rate improved in March as the local economy added 2,200 new jobs, a strong showing that doesn’t yet reflect the impact of the trade war between Canada and the U.S. The region’s jobless rate now sits at 5.9 per cent, down from February’s 6.6 per cent, Statistics Canada reported Friday. Including […]

Economics

10 h. ago Wall Street Turns Icy on US Stocks as Tariffs Hit Markets Hard

Wall Street forecasters are turning ice cold on US equities, telling investors to refrain from buying the selloff as President Donald Trump’s historic trade war raises the specter of recession.

Economics

12 h. ago US electric vehicle industry is collateral damage in Trump’s escalating trade war

DETROIT (AP) — President Donald Trump’s tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto sector, where multi-billion-dollar plans to electrify in the United States are especially at risk. Here’s what consumers should know about the impact of tariffs on electric vehicles. Where does EV adoption stand in […]

Economics

22 h. ago Donald Trump trade war prompts retirement concerns as markets plummet worldwide

The instability in the markets has left many wondering about their retirement investments.

Economics

27 h. ago ‘Manitoba will come through this,’ expert says as trade war with U.S. continues

In the ongoing trade war between Canada and the U.S., we've been given a bit of a reprieve on some tariffs, but business leaders in Manitoba say it's no time to get complacent.

Economics

27 h. ago What to know about the Trump tariffs upending global trade and markets

WASHINGTON (AP) — The trade war President Donald Trump promised has begun, threatening the world economy and straining the United States’ longstanding alliances in Europe and Asia. Goods imported from dozens of countries and territories are now going to be taxed at sharply higher rates, and that is expected to drive up the costs of […]

Economics

28 h. ago Global markets plunge as Trump launches ‘worst case scenario’ with tariffs

Stock markets fell sharply worldwide, especially in the US, after President Donald Trump enacted aggressive tariff measures as part of his broader trade war.

Economics

31 h. 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

33 h. ago Here's why Metro Vancouver's presale condo market continues to struggle

There was hope lower interest rates would lead to a recovery but any gains were short-lived, with the uncertainty of the tariff situation now hurting sales

Other

37 h. ago Commodities Hit as Trump’s Tariffs Threaten Demand and Economy

Commodities from oil to industrial metals to grains slipped as President Donald Trump’s tariff onslaught ratcheted up a trade war that threatens to hurt the global economy and demand for raw materials. Gold steadied after hitting a fresh record high.

Economics

37 h. ago Samsung, Nike Among Collateral Damage as Trump Targets China+1

Companies globally have been quietly shifting production to avoid the tariffs President Donald Trump slapped on China during Trade War 1.0. Now, the president’s “Liberation Day” levies are skewering that strategy.

Events

45 h. ago Amid U.S. trade war, local sales are looking UP for one B.C. farmer

"By reaching out to all the retailers saying, 'We want to have more local options', that made a huge difference and shifted the actual market dynamics."

Economics

45 h. ago Opinion: Trade war demands a bold vision amid B.C.'s affordability crisis

Opinion: Last fall’s election was fought over what the government branded “kitchen-table priorities,” but many election promises have been put on hold.

Economics

47 h. ago The world reacts with caution to US ‘reciprocal’ tariffs against dozens of nations

MEXICO CITY (AP) — The sweeping new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war. The fact that the tariffs fell most heavily on parts of the world sleeping through the night appeared to at […]

Economics

48 h. ago US Stock Futures Tumble as Trump Upends Global Trading Order

US stock futures plunged more than 3% after President Donald Trump outlined a slate of tariffs on US trading that raises the likelihood of a full-blown trade war that could plunge the US economy into a recession.

Economics