market
Canada’s new home construction hits record high in March
Canadian housing starts rose 21.6 per cent in March compared with the previous month, easily beating expectations and hitting a new record, data from...
Rogers identifies cause of Canada-wide wireless outage, but no time given for service return
Rogers apologized after an outage affecting its wireless users stretched well into Monday evening, as the company’s chief technology officer said the software issue has been...
Moderna to slash vaccine deliveries to Canada
Moderna will send far fewer coronavirus shots to Canada this month than originally planned as the company grapples with production issues at its facilities in Europe,...
Average price of Canadian home rising at fastest annual pace ever, now up to $716,828
Canada’s red hot housing market continues to defy expectations, with sales in March up 70 per cent compared to a year ago and...
Hopeful buyers stand in line for chance to snag townhomes in Vancouver suburb
A line stretched up a newly poured sidewalk in Langley, B.C. on Saturday as hopeful home buyers queued for a chance to get into Metro Vancouver’s...
Record-high lumber prices add as much as $30K to the cost of building a house
As if Canada’s housing sector wasn’t already irrational enough, a pandemic-induced lumber shortage is pushing the price of building a home even higher....
As Quebec’s economic recovery gallops ahead, many risk being left behind
Quebec’s economy is roaring back to life after a year of closures, restrictions and curfews, according to economists at the major banks. Finance...
Great COVID-19 bicycle boom expected to keep bike industry on its toes for years to come
Some bicycle shops across Canada are so busy with a pandemic-triggered boom in sales and its subsequent backlog that even answering phone calls is a struggle. At Sidesaddle Bike Shop in Vancouver,...
Nova Scotia to lift quarantine rules for New Brunswick travellers
[embedded content] New Brunswickers coming into Nova Scotia soon will no longer have to self-isolate when entering Nova Scotia. The change will take...
Rogers-Shaw merger offers chance for Ottawa to insist on better deal for cellphone customers
Before the days of COVID-19 vaccine delays, there were few things Canadians liked to complain about more than the high cost of their...
A year of misfortune: How the global pandemic has battered N.L.’s oil and gas industry
Amanda Young had her dream job as a cook on the Terra Nova FPSO, one of four oil-producing platforms in offshore Newfoundland and Labrador. “We...
Rogers signs deal to buy Shaw in transaction valued at $26B
Rogers Communications has signed a deal to buy Shaw Communications in a transaction valued at $26 billion, including debt, which would create Canada’s No. 2...
Compressed air, flywheels and more: Energy storage solutions being tested in Canada
Hello, Earthlings! This is our weekly newsletter on all things environmental, where we highlight trends and solutions that are moving us to a more...
In fight against illegal fishing, Canada’s sea spies struggle with sloppy intel, bias: Internal files
They’re billed as Canada’s spies on the sea: an award-winning team gathering intelligence on illegal fishing. But the National Fisheries Intelligence Service, a...
5 graphs that help tell the story of the pandemic
It’s been one year since the World Health Organization declared COVID-19 a global pandemic, and Canada is just beginning to understand how the coronavirus has...
Canada and New Zealand both have hot housing markets, but only 1 has plan to cool things down
The idea that Canadian residential real estate prices are rising at an unsustainable pace is no longer just a subject for Twitter rants...
