Greater Toronto Area

A (housing) tale of two cities: 'Think foreign buyers' tax doesn't matter? Think again'

Briefing highlights<p>How tax hit one market, spared another<p>Tale of two cities<p>Douglas Porter has a message for Canadian housing-market watchers: "Think foreign buyers' tax doesn't matter? Think again."<p>The Bank of Montreal's chief economist studied two "below-the-radar, mid-level" Southern Ontario …

Economy

Thursday's small-cap stocks to watch

<i>Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.</i><p><b>Granite Real Estate Investment Trust</b> (GRT.UN-T; GRP.U-N) says it has agreements to sell 10 properties for about $400-million.<p>"The sale of these properties is …

Stocks

A Look at Innisfil’s Uber Transit Pilot

In May 2017 the Town of Innisfil, located in Simcoe County, north of Toronto, launched a transit pilot project that was the first of its kind in …

Uber

Halifax police arrest man wanted on Canada-wide warrant for multiple charges

Halifax police have arrested a Dartmouth, N.S., man wanted on a Canada-wide warrant on multiple charges.<p>According to Halifax Regional Police, Kartel …

Crime

BlueRock Therapeutics and HootSuite Top the 2018 Narwhal List

The U.S. may have unicorns to describe their most valuable companies, but Canada has another horned animal to associate their own with, and this one …

Venture Capital

This $750K Toronto listing could be the litmus test for Canada’s housing market

Wondering whether rising interest rates and the new mortgage rules are going to blow the froth off Canada’s hottest real estate market? The test for …

Real Estate

Wynne to shuffle several senior cabinet posts: CP

TORONTO - Premier Kathleen Wynne is shuffling several senior portfolios in her cabinet, less than five months before the Ontario election, The …

Canada

Guelph police lay 6 more sexual assault charges against acupuncturist

An acupuncturist, who once practiced in Guelph, has been charged with six additional counts of sexual assault.<p>Story continues below<p>Sherman Lai was …

Crime

Home Sales, Prices Rose In December As Canadians Raced Against New Mortgage Rules: CREA

TORONTO — National home sales rose 4.5 per cent in December from the month before as buyers scrambled to nab homes ahead of stricter mortgage …

Real Estate

The abortion clause: Should groups that work against reproductive rights receive public funding?

A summer jobs initiative aimed at giving young people a springboard into employment has become an unlikely battleground for reproductive rights.<p>Every …

Rights & Freedoms

McDelivery with UberEATS is now in Vancouver

McDelivery with UberEATS has arrived in Vancouver at 11 McDonald’s locations.With McDelivery, meals like McDonald’s Big Mac burger and Chicken …

McDonald's

Is This 4.5%-Yielding REIT Finally Turning Around?

Dream Office has substantially completed its disposition plan by selling C$3.2 billion of properties in the past two years.<p>The company is now turning …

Business

Vancouver housing market shrugs off tax to outpace GTA

Aggregate home prices climbed 9 per cent in Canada in 2017 as strong gains in British Columbia offset weaker markets in Ontario.<p>The Canadian Real Estate Association reported year-end numbers Monday, showing a benchmark home sales price of $600,300 for Canada in December, up 9.1 per cent from a year …

Real Estate

In Peel region, the same number of women were killed this month as all of 2017: police

Peel Regional Police say the three women killed in apparent acts of domestic violence in a three-hour period on Friday night and Saturday morning …

Crime

area condo rental prices soar as demand outweighs supply

The construction cranes seem to be everywhere you look in downtown Toronto, but finding a condo to call home is becoming increasingly more difficult, …

Real Estate

Canada Post reports extreme cold delaying mail delivery in Saskatchewan

Mail delivery in southern Saskatchewan may be delayed due to a deep freeze in the province, according to Canada Post.<p>In a message on the national …

Canada

THIS → Will a Canadian city house Amazon’s second headquarters?

Amazon fulfillment centre in Seattle. Photo courtesy of Amazon.<p>It’s a great time to be Amazon. The digital commerce company has 238 cities vying for …

Canada

Wal-Mart opens new front in growing battle over e-commerce

Wal-Mart Canada Corp. has launched two hubs for distribution of fresh food and other e-commerce orders, an initiative that could be the discount giant's answer to Amazon.com Inc.'s push into selling groceries online.<p>Wal-Mart's new storefronts, which accommodate pickup and home deliveries of online …

eCommerce

Southbound DVP closed at Eastern Avenue due to flooding with 'icy conditions' in forecast

Special weather statement says rain will turn to snow as temperature drops Friday afternoon<p>Commuters, take note. The southbound lanes of the Don …

Weather

Latest school bus cancellations in the Greater Toronto Area for Jan. 12, 2018

The expected drop in temperatures in the Greater Toronto Area has resulted in some school bus cancellations for Friday.<p><b>Want your weather on the go?</b> …

Toronto

Flood watch issued for Grand River watershed

Warm weather and rain this week have triggered a flood watch from the Grand River Conservation Authority (GRCA).<p>Officials are expecting significant …

Weather

'Icy conditions' in store Friday as chill returns to GTA

Freezing rain will turn to snow in the afternoon amid a sudden temperature drop, Environment Canada warns<p>The Greater Toronto Area is under a special …

Weather

House prices jump 23 per cent in Hamilton in 2017

Housing prices rocketed upwards a whopping 22.9 per cent in 2017 in the Hamilton real estate market, the third highest jump in the country, according …

Real Estate

Special weather statement issued for Greater Toronto Area with mild, rainy day ahead

Environment Canada has issued a special weather statement for the Greater Toronto Area with mild and rainy conditions for Thursday and into …

Weather

In our big cities, condos have become ’the last bastion of affordability’

TORONTO — Canada’s residential real estate market saw strong, but slowing year-over-year price growth in the fourth quarter of 2017, according to a …

Real Estate

Toronto’s luxury housing market hits rough patch as sales slump

Toronto's luxury-home sector was hit hard by the market downturn in the second half of 2017 as sales of high-end detached houses slumped and the condominium sector slowed its torrid pace of growth.<p>A new Sotheby's report on the luxury market shows sales of homes worth more than $1-million in the …

Real Estate

Toronto considers review of city golf courses after years of financial loss

TORONTO — The City of Toronto is considering a review of its municipal golf courses as it struggles with rising maintenance costs and declining …

Toronto

Buffalo Niagara Partnership sets advocacy focus for 2018

Western New York's largest business group once again plans to focus its lobbying efforts on core issues familiar to its members: the high cost of …

NAFTA

Scooch over: Toronto has room for more density, study says

Slow-moving roads, the subway squish and mushrooming skyscrapers might be the most obviously irksome signs of Toronto’s growing population …

Cities

DeMONT: Atlantic Canadians are good, honest folks

Despite my steel-trap mind and my laser-like powers of concentration, I can sometimes be a distracted man. Consequently, things can go missing while …

Atlantic Canada