Economic

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 July 6, 2022

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 July 6, 2022

Proptech firm Dealpath opens Toronto office

TORONTO — Real estate platform Dealpath has announced the opening of a Toronto o...

Economic , US News July 5, 2022

Housing Starts, Rate Hike Speedbumps & an Evolving Singles-Multis Mix

Triggered by mortgage rate increases, expectations concerning housing starts in...

Economic July 4, 2022

Ukraine lays out $750B ‘recovery plan’ for postwar future

LUGANO, Switzerland - Ukrainian President Volodymyr Zelenskyy said Monday the re...

Economic , Government July 4, 2022

Hines targets operation net-zero with no carbon offsets

HOUSTON — Hines, the global real estate firm with a significant Canadian portfol...

Economic July 4, 2022

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 July 4, 2022

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 July 1, 2022

FortisOntario rolls out new scholarship program

FORT WILLIAM FIRST NATION, ONT. - FortisOntario has launched a $10,000 Future Ge...

Economic June 30, 2022

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 June 30, 2022

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 June 29, 2022

Electra Battery exploring Quebec for cobalt refinery

TORONTO — Toronto-based Electra Battery Materials Corporation has announced it h...

Economic , Resource June 28, 2022

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 June 27, 2022

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 June 27, 2022

New home sales in GTA ease in May

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

Economic June 27, 2022

Fortis Ontario rolls out Future Generations Scholarship Program

FORT WILLIAM FIRST NATION, ONT.—Fortis Ontario has launched a $10,000 Future Gen...

Economic , Resource June 27, 2022

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 June 24, 2022

Residential Construction Costs will pull back More Quickly than Non-Res Costs

A year ago, Statistics Canada reported that the residential building constructio...

Economic June 24, 2022

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 June 24, 2022

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 June 24, 2022

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 June 23, 2022

Potential first-time homebuyers discouraged from entering the market: survey

TORONTO — A new report on the housing expectations of Ontarians indicates more t...

Economic June 23, 2022

Morguard predicts strong investment property sales through balance of 2022

MISSISSAUGA—Morguard’s latest report for the real estate development sector high...

Economic June 23, 2022

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 June 23, 2022

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 June 22, 2022

Is the Softening in Construction Material Costs Real or Wishful Thinking?

The enormous year-over-year increases in construction material costs evident in...

Economic June 21, 2022

CDPQ announces investment in Bouthillette Parizeau

MONTREAL—The Quebec pension fund CDPQ has announced it is taking a minority stak...

Economic , Government June 21, 2022

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 June 21, 2022

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 June 21, 2022

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 June 20, 2022

Ontario Accounts for Half Canada’s Jobs Advance

When challenged to make an economic or demographic size comparison, many of us u...

Economic June 20, 2022

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 June 17, 2022

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