The average sale price of a Canadian home has fallen by 0.3 per cent in the past year, the first yearly decline since 2013.
Three years ago today, oil traded at nearly $107 US a barrel. Things were looking pretty bright in Calgary that summer day. The city was rebuilding from the flood the year before, the job market was tight, salaries high, the real estate market was busy and prices buoyant.
The Canadian economy roared into the new year, growing at an annualized rate of 2.3 per cent in January, Statistics Canada reported on Friday.
The Ontario housing minister vows that the province will soon unveil new “rental controls” to address the skyrocketing cost to lease a home in and around Toronto.
Staff at a Halifax emergency department are donating their own clothes to some patients who would otherwise face the “demoralizing” experience of leaving hospital in paper scrubs following treatment.
Vancouver city council has voted to approve a tax on empty homes, the first of its kind in Canada.