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Housing starts rise from last month, up eight per cent in November: CMHC

Housing starts rise from last month, up eight per cent in November: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in November rose eight per cent compared with October, helped by strength in multi-unit starts in Quebec, Alberta and B.C.
Liberal Housing Minister Sean Fraser says he won't seek re-election

Liberal Housing Minister Sean Fraser says he won't seek re-election

OTTAWA — Housing Minister Sean Fraser says he will not be running in the next federal election, citing a need to spend more time with his family.
'Smoke and mirrors': Quebec residents feel abandoned after August flooding

'Smoke and mirrors': Quebec residents feel abandoned after August flooding

MONTREAL — The Quebec government has made payments in less than 10 per cent of the nearly 10,000 claims it has received since the remnants of Hurricane Debby hit the province in August, causing severe flooding and damage.
Five things to watch in Canadian business in the new year

Five things to watch in Canadian business in the new year

It was a busy 2024 for Canadian business: the Bank of Canada began cutting interest rates as inflation moderated and labour unions looked to make gains.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week:
Thieves get a taste for cheese and butter amid surging prices

Thieves get a taste for cheese and butter amid surging prices

VANCOUVER — British Columbia business owner Joe Chaput will spend $5,500 a month on security guards during the holiday season and plans on upgrading his store's video camera system for around $5,000 more.
Fall fiscal update to grapple with Trump presidency, expected to show larger deficit

Fall fiscal update to grapple with Trump presidency, expected to show larger deficit

OTTAWA — The Liberals' fall economic statement Monday is expected to show a larger-than-promised deficit and offer details on how the government will tackle the threat of U.S. tariffs ahead of Donald Trump's inauguration in the new year.
Premiers push Ottawa to build Northern infrastructure after Arctic foreign policy

Premiers push Ottawa to build Northern infrastructure after Arctic foreign policy

OTTAWA — Canada's Northern premiers are pitching the federal government to dip into its defence budget as a way to bolster Arctic infrastructure and help meet the NATO spending target in the process.
Economists see November inflation staying at 2% or slightly rising

Economists see November inflation staying at 2% or slightly rising

TORONTO — Inflation likely hovered at or a little above the Bank of Canada's two per cent target rate in November, economists expect, after Taylor Swift's Eras Tour swept through Toronto and offered a temporary economic boost.
'Don't make us pay': Northern Ontario mayors say immigration cuts hurt their cities

'Don't make us pay': Northern Ontario mayors say immigration cuts hurt their cities

TORONTO — As the federal government looks to drastically reduce its immigration targets over the next few years, the mayors of northern Ontario's largest cities say they need more immigrants to sustain local economies and population.
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