Average Canadian house sold for $481,500 last month, up 1% in past year

The average price of a Canadian home was $481,500 last month, a rise of one per cent in the past…

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Canadian Tire shares slide as Q2 profit falls, revenue below analyst estimates

Canadian Tire Corp.’s second-quarter profit was down compared with last year and and its revenue growth came in below analyst…

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Saudi Arabian crude oil imports to Canada easy to replace, says energy economist

Canada can easily replace the oil it imports from Saudi Arabia should relations with the Middle Eastern kingdom deteriorate to…

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U.S. ‘showing more flexibility’ on autos in NAFTA talks, Mexican official says

The United States and Mexico are nearing a deal on the key issue of autos content rules at talks to…

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U.S. economy surges to 4.1% growth rate in second quarter

The U.S. economy surged in the April-June quarter to an annual growth rate of 4.1 per cent. That’s the fastest…

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Ford recalls 550,000 vehicles that can roll away unexpectedly

Ford is recalling about 550,000 cars and SUVs in North America to fix a gearshift problem that could cause the…

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Concerts, celebrities, festivals, freebies: cannabis marketers spending big this summer

Canadians will be surrounded by the logos of new recreational cannabis brands at a wide variety of fun events this…

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Hudson’s Bay Co. in talks for joint venture with Austria’s Signa

Hudson’s Bay Co. says it is in talks with European retailer Signa Holding GmbH regarding a potential joint venture. The…

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Wealthy Canadians hiding up to $240B abroad, CRA says

Well-heeled Canadians have hidden up to $240.5 billion in foreign accounts and are dodging up to $3 billion a year…

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