Posthaste: Canadians can’t win as rising mortgage rates cancel out falling home prices, says report

Canadian homebuyers should be winners because of declining home prices , but rising mortgage rates are robbing them of that win, says a new Rates.ca report. Buyers in June needed…

Canada’s retail sales rise for fifth month in a row

Canada’s retail sales rose for the fifth straight month in May as consumers showed resilience across the board despite rising…

Posthaste: Gas prices be damned, Canadians plan to spend 18 hours on road trips this summer

Canadians intend on spending 18 hours behind the wheel on road trips this summer despite volatile gas prices. That’s about…

Brookfield and CPPIB team up to buy US$5.2 billion industrial REIT

Two of Canada’s largest institutional investors are paying US$5.2 billion to acquire LXP Industrial Trust, a New York-based company with…

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CBS’ ‘60 Minutes’ announces new slate of correspondents for upcoming 59th season

Two months after a major shake-up, CBS’ “60 Minutes” has hired a lineup of new correspondents and contributors in time…

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CBS’ ‘60 Minutes’ announces new slate of correspondents for upcoming 59th season

Two months after a major shake-up, CBS’ “60 Minutes” has hired a lineup of new correspondents and contributors in time for its 59th season, including…

A new media ecosystem is taking root on the left, reshaping Democratic politics

Farah Berent, a teacher in Michigan, used to learn about politics from channels like ABC, CBS and CNN. But that changed as she decided that…

Loblaw revenue, food sales climb amid store expansion

Loblaw Cos. Ltd. reported a total revenue of $15.27 billion in the second quarter, up 4.1 per cent from the same period last year. Its…

Posthaste: Fixing Canada’s productivity problem could cost a ‘staggering’ $7.6 trillion

Canada’s dismal productivity that has significantly lagged other OECD countries over the past few decades is a common complaint. However, fixing it won’t come cheap,…

National Bank weighs SRT tied to project finance deals

National Bank of Canada is assessing investors’ appetite for a significant risk transfer deal, adding its name to a growing list of lenders exploring the…

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