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Mortgage-free retirement out of reach for one in three Canadians, says survey

Mortgage-free retirement out of reach for one in three Canadians, says survey

Royal LePage report says affordability crisis delays homeownership, leaving nearly 30% of near-retirees still paying off their homes.
Ontario inks trade deals with Saskatchewan and Alberta ahead of meeting with Carney

Ontario inks trade deals with Saskatchewan and Alberta ahead of meeting with Carney

SASKATOON — Alberta and Saskatchewan signed agreements with Ontario on Sunday to remove trade barriers ahead of a meeting with Prime Minister Mark Carney to hash out a plan they hope will supercharge the economy.
'Mission impossible': Why the Bank of Canada faces 'risky' June rate decision

'Mission impossible': Why the Bank of Canada faces 'risky' June rate decision

OTTAWA — Few would confuse Hollywood action star Tom Cruise with Bank of Canada governor Tiff Macklem.
Redesigning the Bay's old stores come with challenges and opportunities

Redesigning the Bay's old stores come with challenges and opportunities

TORONTO — When Hudson's Bay began liquidating all of its stores and hunting for a potential new owner, Ruby Liu was determined not to let Canada's oldest company disappear. The B.C.
Canada Post asks jobs minister to force union to vote on 'final offers'

Canada Post asks jobs minister to force union to vote on 'final offers'

OTTAWA — Canada Post says it has asked Jobs Minister Patty Hajdu to force a union membership vote on the proposals the Crown corporation put forward earlier this week.
RioCan REIT asks court to put joint venture with Hudson's Bay into receivership: docs

RioCan REIT asks court to put joint venture with Hudson's Bay into receivership: docs

TORONTO — RioCan Real Estate Investment Trust is pushing to put a joint venture it owns with Hudson's Bay into receivership. A motion filed late Thursday from the real estate firm asks the Ontario Superior Court to appoint FTI Consulting Canada Inc.
Federal government posts $43 billion deficit between April '24 and March

Federal government posts $43 billion deficit between April '24 and March

OTTAWA — The federal government says it ran a budgetary deficit of $43.2 billion between April 2024 and this past March. The deficit compared with $50.9 billion for the same stretch in the 2023-2024 fiscal year.
Ottawa tabling bill to skirt impact assessment law for 'national interest' projects

Ottawa tabling bill to skirt impact assessment law for 'national interest' projects

OTTAWA — The federal government is developing a "national interest" bill to fast-track nation-building projects with a streamlined regulatory approval process as a substitute for reviews under the Impact Assessment Act.
Trump's 'Liberation Day' tariffs back on after appeals court decision

Trump's 'Liberation Day' tariffs back on after appeals court decision

OTTAWA — U.S. President Donald Trump's tariffs are still hitting most countries around the world after a federal appeals court temporarily paused a decision from the U.S. Court of International Trade.
Provinces 'hold the key' to unlocking homebuilding, new report argues

Provinces 'hold the key' to unlocking homebuilding, new report argues

OTTAWA — While the federal government and cities across Canada are making strides on expanding the housing supply, the provinces still need to get serious about building quality homes, a new report released Thursday argues.