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Average asking price for Canadian rental unit hits record high in June: Rentals.ca
TORONTO — The average asking price for a rental unit in Canada reached a record $2,042 last month amid continued interest rate hikes and population expansion, according to a new report by Rentals.ca and Urbanation.
Jul 13, 2023 10:57 AM
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By the numbers: What the latest interest rate hike means for your mortgage
This week, the Bank of Canada hiked interest rates yet again, raising its key interest rate by a quarter of a percentage point to 5 per cent, and the prime rate to 7.2 per cent.
Jul 13, 2023 10:49 AM
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Written in the stars: The legendary tale of Maritime ice cream favourite Moon Mist
HALIFAX — The lore in the Hart household was as rich as the ice cream served every day. After joining his family's creamery business, the story goes, Bruce Hart travelled from Nova Scotia to the U.S. to attend 'Ice Cream University.
Jul 13, 2023 10:14 AM
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Hollywood actors poised to join writers on strike after talks collapse
LOS ANGELES (AP) — The union representing film and television actors says no deal has been reached with studios and streaming services and its leadership will vote on whether to strike on Thursday.
Jul 13, 2023 10:11 AM
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Corus Entertainment selling Toon Boom Animation subsidiary for $147.5M
TORONTO — Corus Entertainment Inc. says it has signed a deal to sell its Montreal-based animation software subsidiary Toon Boom Animation Inc. to Integrated Media Company (IMC) for $147.5 million in cash.
Jul 13, 2023 8:52 AM
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Popular Prime drink and 5 others that exceed Health Canada's caffeine limits recalled
Six brands of caffeinated drinks have been recalled in Canada, including a popular energy beverage being promoted by social media influencers.
Jul 13, 2023 8:13 AM
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Barrick sold one million ounces of gold and 101 million pounds of copper in Q2
TORONTO — Barrick Gold Corp. says it is on track to achieve its full-year copper and gold guidance after it sold one million ounces of gold and 101 million pounds of copper in the second quarter, based on its preliminary results.
Jul 13, 2023 7:53 AM
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Royal LePage says average home price down 0.7% year-over-year in second quarter
TORONTO — A report by Royal LePage says the average home price in Canada in the second quarter edged lower compared with a year ago. The firm's house price survey says the aggregate price of a home in Canada was down 0.
Jul 13, 2023 7:41 AM
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Police say there's no sign of crime by BBC anchor who allegedly paid teen for sexual photos
LONDON (AP) — There’s no evidence a BBC presenter who allegedly paid a teenager for sexually explicit photos committed a crime, London police said Wednesday as the broadcaster's wife publicly identified him for the first time as veteran news anchor H
Jul 12, 2023 9:09 PM
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Laurentian Bank shares soar after it announced a review of strategic options
TORONTO — Shares of Laurentian Bank of Canada soared more than 30 per cent in early trading Wednesday after the bank said it was conducting a review of its strategic options to maximize shareholder value.
Jul 12, 2023 3:32 PM
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