Goal set to see 72.5% of Canadians be homeowners by 2020, up from 69%, thus supporting demand curve further and increasing net worth of Canadians VAUGHAN, Ont. — Conservative Party Leader Stephen Harper continued his bid for the middle class electorate on Tuesday, declaring home ownership “one...

Canadian economy grows again, pointing to stronger second half The Canadian economy posted its second straight month of impressive growth in July, strengthening the case that the country’s economic fortunes have turned a corner following a trying first half of the year. Statistics Canada...

Canada’s economy puts recession behind it with second straight month of growth Read the full article here.

News articles for October 2015.

Canadians can't get enough of NYC's real estate market Canadians love Big Apple real estate as much as ice hockey — scoring more New York City properties than any other nationality in the world. Over the past 10 years, $15.37 billion in Canuck cash has flowed into the city’s...

House prices could see year-over-year gains in Calgary Senior economist Robin Wiebe, in the board’s metro resale snapshot, forecasts prices will rise as much as 2.9 per cent. His seasonally adjusted annual MLS sales rate, as of August, is 24,900 — down 4.2 per cent from last month and 31.2 per...

Alberta premier tells business leaders energy industry must clean up its act EDMONTON - The energy industry will be critical to Alberta's economy for many years to come, but it must "clean up its environmental act," the province's premier told business leaders Tuesday night. In her keynote...

Alberta premier tells business leaders energy industry must clean up its act EDMONTON - The energy industry will be critical to Alberta's economy for many years to come, but it must "clean up its environmental act," the province's premier told business leaders Tuesday night. In her keynote...

Steady prices, little change in local housing market Braden Batch, a market analyst with Canada Mortgage and Housing Corporation, made a stop in Grande Prairie last week to provide a housing market update. “Basically, the end of 2014 and into 2015, (we’re) looking at a slower period,” said...

Alberta, still growing in population thus supporting housing market from dramatic downward effect so far Alberta might be in recession, but that hasn’t stopped thousands of Canadians from moving here. Between April and June of this year, a total of 31,293 people arrived in Alberta from other...

GE bringing more jobs to #Canada, this time an engine plant with 350 jobs. In addition to #Winnipeg expansion General Electric Co. is planning to build a state-of the art $265-million (U.S.) engine plant in Canada, as it shifts more business out of the United States following the collapse of...

If you blinked you might have missed the news that the Canadian economy turning a corner from mini-recession to long-term sustainable growth Read the full article here.

The largest risk to Canada's economy? China The largest risk to Canada’s economy isn't the slowdown in the oil industry, or the spectre of a housing bubble — it’s the world outside Canada and particularly China, economists at TD Bank say. Canada will return to “steady, modest” growth in the...

No sign of slowdown in Toronto as agents prep for fall housing market Toronto’s fall housing market began gearing up this week – pretty much as soon as the folks at the Canadian National Exhibition had served the last chicken waffle on a stick. For the past few weeks, real estate agents have...

Two ends of a boom town Toronto’s once-derelict main street is in the midst of the most remarkable transformation in its history, with more than 20,000 condos that will house more than 30,000 people — the population of Orillia — under construction or in the planning stages. And that’s just in...

Michael Hanlon: Europe's dirty little secret Few things get up the noses of Euro-Greens more than the American car. Read the full article here.

CMHC conducting research on foreign ownership of Canadian real estate Data indicating how much of Canada’s real estate is being snatched up by foreign buyers is scant, but the country’s national housing agency is working to change that. In a briefing note dated May 15, 2015, obtained by The...

Strong demand for Greater Vancouver rental properties KELOWNA, BC, Sept. 24, 2015 /CNW/ - In much of Western Canada, the fall in oil prices led to slower activity in the commercial property markets in the first half of 2015. In Greater Vancouver, however, the first half of the year saw a 14 per...

U.S. economy showing signs of recession, analysts say - and that doesn't bode well for stocks Low unemployment, rising compensation growth, reduced profit margins and elevated investment in durables have historically been useful predictors of upcoming recessions, noted J.P. Morgan economist...

News articles for September 2015.