Economic
Once Headliners of a Spectacular NASDAQ Show, FAAMG Group of Companies take leave of Center Stage

Once Headliners of a Spectacular NASDAQ Show, FAAMG Group of Companies take leave of Center Stage
In stock market parlance, a ‘bear’ market refers to a decline from recent peak of -20% or more. In the past 52 weeks, the high-to-low changes for the NASDAQ and S&P 500 indices have been -34.8% and -24.5% respectively, sending them to live with the o...
Economic

Bank of Canada’s rapid rate hikes likely to cause a recession, study finds
OTTAWA — The Bank of Canada's strategy of rapidly increasing its key interest ra...
Economic

Proptech firm Dealpath opens Toronto office
TORONTO — Real estate platform Dealpath has announced the opening of a Toronto o...
Economic , US News

Housing Starts, Rate Hike Speedbumps & an Evolving Singles-Multis Mix
Triggered by mortgage rate increases, expectations concerning housing starts in...
Economic
Latest News

Once Headliners of a Spectacular NASDAQ Show, FAAMG Group of Companies take leave of Center Stage
In stock market parlance, a ‘bear’ market refers to a decline from recent peak o...
Economic

Bank of Canada’s rapid rate hikes likely to cause a recession, study finds
OTTAWA — The Bank of Canada's strategy of rapidly increasing its key interest ra...
Economic

Proptech firm Dealpath opens Toronto office
TORONTO — Real estate platform Dealpath has announced the opening of a Toronto o...
Economic , US News

Housing Starts, Rate Hike Speedbumps & an Evolving Singles-Multis Mix
Triggered by mortgage rate increases, expectations concerning housing starts in...
Economic

Ukraine lays out $750B ‘recovery plan’ for postwar future
LUGANO, Switzerland - Ukrainian President Volodymyr Zelenskyy said Monday the re...
Economic , Government

Hines targets operation net-zero with no carbon offsets
HOUSTON — Hines, the global real estate firm with a significant Canadian portfol...
Economic

LIXIL appoints a new general manager and VP of marketing for Canada
MISSISSAUGA, ONT. — LIXIL Canada Inc., maker of water and housing products, rece...
Economic

CPP Investments looks global but no immediate plans to invest in Ukraine rebuild: CEO
TORONTO — Canada's largest pension fund manager says it will continue to look fo...
Economic

FortisOntario rolls out new scholarship program
FORT WILLIAM FIRST NATION, ONT. - FortisOntario has launched a $10,000 Future Ge...
Economic

Atlantic premiers say decision needed soon from Ottawa on regional energy loop
PICTOU, N.S. - Atlantic Canada's premiers are looking for a decision soon from O...
Economic , Government , Resource

Thanks Energy Sector: Texas is Feeling its Oats & Alberta is Bouncing Back
The economy of Texas was a standout among states before the recent climb in ener...
Economic

Electra Battery exploring Quebec for cobalt refinery
TORONTO — Toronto-based Electra Battery Materials Corporation has announced it h...
Economic , Resource

Top 10 largest construction project starts in Canada and Trend Graph – May 2022
There are several reasons for highlighting upcoming large projects. Such jobs ha...
Economic

Over 22 million housing units needed by 2030 to solve affordability crisis: CMHC
OTTAWA — A new report from the Canada Mortgage and Housing Corp. (CMHC) says the...
Economic

New home sales in GTA ease in May
TORONTO — The GTA new home market continued to slow down in May, with total new...
Economic

Fortis Ontario rolls out Future Generations Scholarship Program
FORT WILLIAM FIRST NATION, ONT.—Fortis Ontario has launched a $10,000 Future Gen...
Economic , Resource

The Math of Inflation and the Self-Correcting Base Level Effect
Since climbing interest rates are a primary concern governing the outlook for co...
Economic

Residential Construction Costs will pull back More Quickly than Non-Res Costs
A year ago, Statistics Canada reported that the residential building constructio...
Economic

Your top DCN headlines: June 20 to 24
Your top DCN headlines this week cover the “perfect storm” of factors causing On...
Associations , Economic , Government , Infrastructure , Labour , Resource

VIDEO: Construction and climate change as fire and flood season begins
Climate changes incidents across Canada are forcing a rethink in government and...
Economic , Government , Infrastructure , OH&S

Similar to U.S., Steep Ascents Seen in Canadian Construction Material Costs
The following is a companion piece to an earlier article on construction materia...
Economic

Potential first-time homebuyers discouraged from entering the market: survey
TORONTO — A new report on the housing expectations of Ontarians indicates more t...
Economic

Morguard predicts strong investment property sales through balance of 2022
MISSISSAUGA—Morguard’s latest report for the real estate development sector high...
Economic

Canadian job vacancies hit quarterly record high in Q1
OTTAWA—Job vacancies reached a record quarterly high of nearly one million in th...
Economic , Labour

Canada’s house price boom strongest in suburbs as gap with downtown shrinks: Study
OTTAWA—New research shows house prices in Canada's suburbs grew faster than in d...
Economic

Is the Softening in Construction Material Costs Real or Wishful Thinking?
The enormous year-over-year increases in construction material costs evident in...
Economic

CDPQ announces investment in Bouthillette Parizeau
MONTREAL—The Quebec pension fund CDPQ has announced it is taking a minority stak...
Economic , Government

Ottawa launches first phase of Canada Greener Home Loan program
OTTAWA—Ottawa has launched the first phase of its plan to offer interest-free lo...
Economic , Government

Multiple factors prompt the ‘perfect storm’ for Ontario concrete struggles
A perfect storm of issues is curtailing concrete supplies to Ontario jobsites th...
Associations , Economic

CN, union at loggerheads on wages, conditions as strike enters third day
MONTREAL - Canadian National Railway Co. says it has gone the extra mile to meet...
Economic , Labour

Ontario Accounts for Half Canada’s Jobs Advance
When challenged to make an economic or demographic size comparison, many of us u...
Economic

Mid-June Economic Nuggets: Can Inflation be Your Friend?
I usually write the monthly Nuggets report in bullet point form, but this time I...
Economic
Most Read News

Update: Video shows worker dangling from crane load at PCL site in Toronto
A video of a man dangling from a crane load at a construction site in downtown T...
OH&S

Top 10 largest construction project starts in Canada and Trend Graph – May 2022
There are several reasons for highlighting upcoming large projects. Such jobs ha...
Economic

Tallest mass timber build proposed for Toronto
A new purpose-built rental building in downtown Toronto is looking to be the tal...
Projects , Resource

Ontario painters, tapers call off strike in the ICI sector
Painters and tapers working in Ontario’s ICI sector have called off their strike...
Labour

Stelco steelworkers contract talks stall
NANTICOKE, ONT. — Negotiations have stalled for a new collective agreement at St...
Labour

Authenticity a key tool for Primeau in her career pursuit
Tracy Primeau had originally planned on being a history teacher. But after gradu...
Labour

Work ethic, knowledge and experience, not gender, measures true value: Moghani
Promoted to project manager by EllisDon in 2021, Pegah Moghani has always been i...
Labour

Similar to U.S., Steep Ascents Seen in Canadian Construction Material Costs
The following is a companion piece to an earlier article on construction materia...
Economic

The Daily news feeds by StatCan
These RSS feeds provide the latest releases by Statistics Canada's official release bulletin.