Skip to content

National Business

Toronto home sales rose in September as buyers took advantage of lower rates, prices

Toronto home sales rose in September as buyers took advantage of lower rates, prices

TORONTO — Home sales in the Greater Toronto Area rose in September as buyers began taking advantage of a more accessible market, said the Toronto Regional Real Estate Board. The region saw 4,996 existing homes sold last month, up 8.
Read more >
Higher interest rates resulted in 30,000 fewer housing starts last year: CMHC

Higher interest rates resulted in 30,000 fewer housing starts last year: CMHC

OTTAWA — A report by Canada Mortgage and Housing Corp. says higher interest rates decreased housing starts by about 30,000 units last year.
Read more >
Montreal home sales rise 18 per cent in September from last year

Montreal home sales rise 18 per cent in September from last year

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 18 per cent in September from last year.
Read more >
Breaking a mortgage for better rates can pay off - but beware of the costs

Breaking a mortgage for better rates can pay off - but beware of the costs

TORONTO — Interest rates are dropping, but many Canadians are still feeling the hangover of the highest lending costs in a generation.
Read more >
Toronto hospital to open permanent supportive housing apartments for homeless people

Toronto hospital to open permanent supportive housing apartments for homeless people

TORONTO — A new housing project for those who live on the streets and frequently end up in the emergency room is set to welcome its first residents in Toronto this month, supported by one of the largest hospital networks in Canada.
Read more >
More Americans file for unemployment benefits last week, but layoffs remain historically low

More Americans file for unemployment benefits last week, but layoffs remain historically low

The number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels. The Labor Department reported Thursday that applications for jobless claims rose by 6,000 to 225,000 for the week of Sept. 28.
Read more >
More Americans file for unemployment benefits last week, but layoffs remain historically low

More Americans file for unemployment benefits last week, but layoffs remain historically low

The number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels. The Labor Department reported Thursday that applications for jobless claims rose by 6,000 to 225,000 for the week of Sept. 28.
Read more >
Private-label food got more popular thanks to inflation — but now it's here to stay

Private-label food got more popular thanks to inflation — but now it's here to stay

Over the past few years, consumers have been buying more private-label products at the grocery store to save money — and the trend may be here to stay.
Read more >
Former Singapore minister sentenced to a year in prison for receiving illegal gifts

Former Singapore minister sentenced to a year in prison for receiving illegal gifts

KUALA LUMPUR, Malaysia (AP) — A former Singaporean cabinet minister was sentenced Thursday to a year in prison after he pleaded guilty to charges of receiving illegal gifts, in a rare criminal case involving a minister in the Asian financial hub.
Read more >
Former Singapore minister sentenced to a year in prison for receiving illegal gifts

Former Singapore minister sentenced to a year in prison for receiving illegal gifts

KUALA LUMPUR, Malaysia (AP) — A former Singaporean cabinet minister was sentenced Thursday to a year in prison after he pleaded guilty to charges of receiving illegal gifts, in a rare criminal case involving a minister in the Asian financial hub.
Read more >