Majority of first-time buyers maxed out budgets to buy a home: CMHC

A majority of first-time homebuyers say they maxed out their budgets when they bought their homes, according to a survey…

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Shares of most pot companies sell off on 1st day of legalization

Shares in most Canadian marijuana companies were lower on Wednesday, a sign that the volatility that has characterized the space…

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U.S. Sears files for bankruptcy protection amid plunging sales, massive debt

Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated…

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Brexit tension leads U.K. to seek deeper ties with Canada

As the United Kingdom works to finalize its split from the European Union, it’s about to ramp up efforts to expand…

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B.C. workforce ready to take advantage of 10,000 LNG jobs, says trades council

B.C.’s trades sector is confident most of the thousands of workers required to build and operate the province’s first major LNG export…

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Canadians to spend more this holiday season, report finds

Trade uncertainty, climbing debt levels and rising interest rates don’t seem to be dampening holiday spirits among Canadian consumers, who…

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Federal Reserve raises U.S. central bank’s rate to 2.25%

The U.S. Federal Reserve on Wednesday raised its benchmark interest rate for the third time in a year, pushing the…

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Air Canada fined $65K, blasted for ‘rude’ behaviour after family forced off flight

A consumer commission in India has ordered Air Canada and partnering airline, Jet Airways, to pay a Canadian family about…

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Trade ‘front and centre’ in Bank of Canada’s call to hold interest rate

The unknown consequences of ongoing trade tensions were front and centre in the Bank of Canada’s decision this week to…

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Alberta pulling out of federal climate change plan until pipeline construction resumes

Alberta will pull out of Prime Minister Justin Trudeau’s national climate change plan until construction of the Trans Mountain pipeline…

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