The Trans Mountain pipeline — finished years behind schedule and massively over-budget — has delivered an estimated $12.6 billion in new revenues to the Canadian oilpatch and padded government budgets, according to a new report.
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The future looked bright in June 2014 when Fort McMurray International Airport (YMM) opened a glistening new terminal designed to handle 1.5 million passengers a year.
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TORONTO — Greater Toronto Area-home sales rose 10.9 per cent in July compared with a year earlier as 6,100 properties changed hands, the most activity recorded in the month since 2021.
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Canada’s social and affordable rental housing stock is aging, and many units require repairs, as rent prices continue to increase, according to new data from the Canada Mortgage and Housing Corporation (CMHC).
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Canada’s economy is like a zombie in Call of Duty: hard to kill.
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A new report examining mortgage costs based on average home prices shows that most major Canadian markets saw decreased affordability in June with one notable exception: Toronto. Ratehub.ca released its Affordability Report last month (July) finding that mortgage costs increased month over month in 12 of the 13 markets it tracks.
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The latest apartment building to hit downtown Calgary’s skyline was not built from the ground up — but on an assembly line.
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The Bank of Canada held its interest rate at 2.75 per cent for the third straight time on Wednesday, but left the door open for further rate relief if inflation is contained.
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It looks like some parts of Canada have become a renter’s market , with more landlords offering rental incentives to entice would-be tenants and improving affordability , according to a report from Urbanation Inc.
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The operator of the Trans Mountain oil pipeline may launch a process this year to formally gauge commercial interest in the first of a series of potential projects to increase the system’s capacity, CEO Mark Maki said on Wednesday.
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