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

Canada’s retail sales rise for fifth month in a row
Posthaste: Gas prices be damned, Canadians plan to spend 18 hours on road trips this summer
Brookfield and CPPIB team up to buy US$5.2 billion industrial REIT
Why it’s too early for the Bank of Canada to ‘lower its guard’ on inflation and interest rates

Posthaste: Canada’s historic housing market meltdown may have finally hit bottom

Four years into one of the deepest housing corrections in Canada’s history, there are signs the market may be hitting bottom. National figures out yesterday from the Canadian Real Estate…

Posthaste: Insolvencies in this province are up 37% with a few others not far behind

Insolvencies are “stabilizing” overall after shooting up from the pandemic lows, but that is masking a deteriorating situation in some…

Posthaste: Insolvencies in this province are up 37% on higher interest rates, says economist

Insolvencies are “stabilizing” overall after shooting up from the pandemic lows, but that is masking a deteriorating situation in some…

Alberta will provide oilsands producers with incentives to fill proposed West Coast pipeline

The Alberta government says it will give “financial supports” to oilsands companies to encourage them to raise their production and…

Highlights

Telemundo to air UEFA competitions, including the Champions League, in new rights deal

Telemundo’s coverage of elite, global soccer won’t end after the World Cup final. Telemundo has acquired the Spanish-language broadcast rights…

World Cup boosts beer sales in England’s pubs, but some still face last orders
The Onion’s new parody of Alex Jones’ Infowars starts with $100,000 to Sandy Hook families
Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal

Latest News

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…

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 energy prices . Total retail…

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 the time it would take…

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 expertise in buying and developing…

Why it’s too early for the Bank of Canada to ‘lower its guard’ on inflation and interest rates

Lower gasoline prices helped to cool June inflation to 2.8 per cent, but there were slowing price pressures elsewhere, say economists. Analysts had estimated the…

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