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The Canadian Real Estate Association (CREA) says home sales in July rose 6.6 per cent compared with a year ago, continuing an upward trend after the market had slowed in previous months. Home sales rose 3.8 per cent on a month-over-month basis from June, with transactions up a cumulative 11.2 …
Read More »Canada’s economy shed over 40,000 jobs in July, partly offsetting earlier growth
The Canadian economy lost more than 40,000 jobs in July, sinking the share of people employed to an eight-month low, Statistics Canada reported on Friday, as the labour market gave back substantial gains seen in June. The unemployment rate, however, remained steady but at a multi-year-high level of 6.9 per cent, the …
Read More »New Orleans attacker’s movements included trip to Ontario in July 2023, FBI says
FBI officials on Sunday said their investigation into the deadly truck attack in New Orleans is now “crossing state and international borders” and that the attacker had travelled to both Egypt and Canada. Shamsud-Din Jabbar, a U.S. citizen from Houston, travelled to Egypt and Canada before the New Year’s Day attack, …
Read More »Inflation decelerates in July as car prices shift into reverse – National
The annual rate of inflation cooled to 2.5 per cent in July, Statistics Canada said Tuesday, the slowest pace for price growth since March 2021. StatCan said that deceleration in price hikes was “broad-based” last month, with lower prices for travel tours, passenger vehicles and electricity. July figures follow an …
Read More »July flash floods in Toronto, southern Ontario caused over $940M in insured damage
By Staff The Canadian Press Posted August 20, 2024 6:30 am 1 min read Descrease article font size Increase article font size Initial estimates put the total insured damage caused by flash flooding in Toronto and other parts of southern Ontario in July at more than $940 million. Torrential rain hit Toronto …
Read More »Canada’s housing market hit ‘pause’ in July despite rate cuts – National
The start of interest rate cuts from the Bank of Canada has done little to stoke a fire in the Canadian housing market, fresh data from July shows. The Canadian Real Estate Association (CREA) said Thursday that home sales retreated by 0.7 per cent month to month in July, giving …
Read More »‘It’s not right’: Flood victim deals with insurance frustration after July storm in Toronto
Rebecca Benson of Mississauga, Ont., couldn’t stop the water flowing into her basement in July and the memories of what happened a decade earlier came flooding back fast. “Oh my god, I can’t do this again,” Benson said, recalling her thoughts when the heavy rains caused a backup in her …
Read More »Low advance turnout in 2 Ontario byelections ahead of polling day July 27
Less than 10 per cent of eligible voters in two Ontario byelections have chosen to cast early votes as polling day nears, according to data from Elections Ontario. Voters in both Scarborough—Guildwood and Kanata—Carleton are voting to replace Ontario MPPs who resigned their seats. In Scarborough, Liberal Mitzie Hunter stood …
Read More »Filming Christmas in July? How Hollywood strikes hit holiday movie-making here – National
It’s a classic holiday film tale: small towns, snowflakes and star-crossed lovers. But this year’s queue of beloved holiday movies may be considerably smaller due to the worldwide shut-down of productions caused by current Hollywood writers’ and actors’ strikes. Glitch SPFX is an Ottawa-based special effects company responsible for simulating …
Read More »Swoop to suspend Hamilton to Las Vegas flights in late July – Hamilton
Descrease article font size Increase article font size Budget airline Swoop is set to suspend its flights between Hamilton and Las Vegas in late July. A spokesperson with the airline says the action is connected to “measured adjustments” to “balance operational capacity” to avoid disruptions across their network. “As part of …
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