Latest News

• • Economics

  

  5:27

  Freeland touts opportunities of U.S. Inflation Reduction Act at ministers' meeting

  Deputy Prime Minister and Finance Minister Chrystia Freeland said the provinces and territories need to chip in to Canada's response to the U.S.'s Inflation Reduction Act, which includes electric-vehicle incentives that favour manufacturers in Canada and Mexico, as well as the U.S.

• • Economics

  

  14:08

  The Daily Chase: Toronto home sales drop; tech stocks under pressure

  The chill that's settled in over Canada's largest housing market was on full display to start the year.

• • Economics

  

  5:35

  Toronto's housing market enters deep freeze with sales down

  Sales in the Toronto housing market ground to the slowest pace since the first month of the pandemic as buyers contend with some of the highest borrowing costs they’ve seen in 15 years.

• • Economics

  

  7:51

  Canada is 'more sensitive' to rate hikes than the U.S.: Economist

  Canada’s economic growth is weighed down by its sensitivity to interest rates when compared to the U.S., allowing the Bank of Canada to pause rate hikes while its counterpart continues to drive rates higher, according to one economist.

• • Economics

  

  5:52

  ​Majority of Canadians determined to own a home despite affordability challenges: Survey

  Many Canadians remain undeterred from buying a home despite the soaring costs of entering the market, a survey from NerdWallet showed.